Russia Warns Against Seizing Frozen Assets, Calls It a Dangerous Precedent on Nostr: G7 Considers $50 Billion Loan from Seized Russian Assets to Aid Ukraine ...
G7 Considers $50 Billion Loan from Seized Russian Assets to Aid Ukraine
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#42d3e094 ver:0.38
The G7 is considering using seized Russian assets to provide a $50 billion loan to aid Ukraine. The plan involves using the interest gained on $300 billion of frozen Russian state assets. The US has passed the REPO Act, allowing the seizure of Russian assets totaling $5 billion. Russia has threatened to retaliate by seizing the assets of US citizens in Russia. The US wants to consult with global allies before proceeding. The outcome will depend on the legal small print of Euroclear's modus operandi. US Treasury Secretary Janet Yellen emphasizes the need to crack down on Russian sanctions evasion. #Ukraine #Russia #G7 #frozenassets...
#newstr #Ukraine #War #Loan #RussianAssets #JanetYellen #G7
https://here.news/story/42d3e094?ver=0.38
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#42d3e094 ver:0.38
The G7 is considering using seized Russian assets to provide a $50 billion loan to aid Ukraine. The plan involves using the interest gained on $300 billion of frozen Russian state assets. The US has passed the REPO Act, allowing the seizure of Russian assets totaling $5 billion. Russia has threatened to retaliate by seizing the assets of US citizens in Russia. The US wants to consult with global allies before proceeding. The outcome will depend on the legal small print of Euroclear's modus operandi. US Treasury Secretary Janet Yellen emphasizes the need to crack down on Russian sanctions evasion. #Ukraine #Russia #G7 #frozenassets...
#newstr #Ukraine #War #Loan #RussianAssets #JanetYellen #G7
https://here.news/story/42d3e094?ver=0.38