The White House has reportedly begun“urgent”discussions with Western allies on seizing frozen Russian assets and using them to help Ukraine, according to the New York Times on Thursday, citing anonymous sources. The alleged move comes as the West struggles to greenlight new aid packages for Kiev...
German officials have rejected suggestions that national budget constraints could hurt weapons deliveries to Ukraine.
(Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday that Russia should bear the costs of damage caused by its invasion of Ukraine, but there are "significant legal obstacles" to confiscating major frozen Russian assets. Yellen, speaking to reporters by p...
These nations are teetering on the edge by using these assets as collateral. If they were to actually give Ukraine the frozen assets, Putin would then be justified to just confiscate ALL assets held by Western countries and private/public corporations. These actions by the G7 completely violate ...
G-7 SUMMIT BEGINS AS LEADERS BACK DEAL TO USE INTEREST FROM RUSSIAN ASSETS FOR UKRAINE AID "We're really building on work that Europe did earlier to make sure that the flow, around $3 billion to $5 billion a year, went to Ukraine, but we're bringing that forward ...
While Belgian Prime Minister Alexander De Croo said earlier this month that Belgium will invest 1.7 billion euros next year to assist Ukraine by drawing on its own tax revenue from frozen Russian assets, he had demanded that all legal, macroeconomic and monetary risks involved be taken into consi...
KIEV, April 7 (Xinhua) -- Ukraine wants to get part of the funds from the seized Russian assets in the West within the next six months, Ukrainian Prime Minister Denys Shmyhal said on Thursday. "A working group has been set up. It is already actively working in several areas. The firs...
The European Union on Monday took a step towards confiscating the interest earned by Russian sovereign funds the bloc has frozen in response to the conflict in Ukraine. The EU and the US moved to freeze an estimated $300 billion in assets belonging to the Russian Central Bank, most of which...
NICOSIA, Cyprus (AP) — The European Union’s executive arm wants to delve deeper into why Cyprus has only frozen 100 million euros ($110 million) worth of assets belonging to Russians facing sanctions amid the war in Ukraine, the bloc's justice commissi
Leaders of the Group of Seven major democracies and the EU agreed in June to use the interest on frozen Russian assets to underpin a $50 billion loan for Ukraine to help it defend itself against Moscow's invasion. The bulk of the some $300 billion in assets...