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Russia Warns Against Seizing Frozen Assets, Calls It a Dangerous Precedent /
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2024-05-26 15:59:10

Russia Warns Against Seizing Frozen Assets, Calls It a Dangerous Precedent on Nostr: G7 Officials Make Progress but No Final Deal on Money for Ukraine from Frozen Russian ...

G7 Officials Make Progress but No Final Deal on Money for Ukraine from Frozen Russian Assets
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#42d3e094 ver:0.68

G7 finance officials are making progress on using profits from frozen Russian assets to support Ukraine, with a plan to leverage the assets to fund Ukraine. The G7 froze around $300 billion of Russian assets after the invasion of Ukraine. The US is pushing for loans against future interest income from the assets, potentially providing Ukraine with $50 billion immediately. The final decision will be made by G7 leaders at their summit in June. European officials are cautious about outright confiscation and plan to tap into the interest accruing on the assets. #G7 #Ukraine #Russia...

#newstr #G7 #Ukraine #Russia #FrozenAssets #Finance #China #Trade

https://here.news/story/42d3e094?ver=0.68
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