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Russia Warns Against Seizing Frozen Assets, Calls It a Dangerous Precedent /
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2024-05-20 17:57:40

Russia Warns Against Seizing Frozen Assets, Calls It a Dangerous Precedent on Nostr: G7 Urges Use of Russian Assets to Aid Ukraine, Yellen Says =============== #42d3e094 ...

G7 Urges Use of Russian Assets to Aid Ukraine, Yellen Says
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#42d3e094 ver:0.37

The G7 is discussing the use of frozen Russian assets to aid Ukraine's reconstruction. The US has passed the REPO Act to seize $5 billion in Russian assets, potentially undermining trust in the US treasury market. JPMorgan faces legal challenges over its Russian dealings, with its assets in Russia at risk of being seized. Russia threatens to retaliate by seizing assets of US citizens in Russia. The EU has already set aside windfall profits from frozen Russian assets. The US and its allies must find a way to tap into these assets to help Ukraine. #Ukraine #Russia #G7 #frozenassets...

#newstr #G7 #Russia #Ukraine #JanetYellen #UsTreasury #Finance #Assets #Sanctions

https://here.news/story/42d3e094?ver=0.37
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