Russia warns Europe: if you take our assets, we have a response that will hurt MOSCOW: An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to... Published 23 Apr, 2024 01:48pm
World Russia should confiscate Western assets now after US move, top lawmaker says MOSCOW: Russia now has grounds to confiscate Western assets after the US House of Representatives passed legislation... Published 22 Apr, 2024 11:35am
World G7 seeing if it can draw on frozen Russian assets, Italy says CAPRI: The Group of Seven (G7) major powers are looking to see if they can use frozen Russian assets held in the... Published 19 Apr, 2024 05:39pm
World Three killed, 20 injured in Russian strikes on southern Ukraine KYIV: Russian strikes overnight killed three people and injured 20 in the southern Dnipropetrovsk region, Ukrainian... Published 19 Apr, 2024 11:36am
World G7 eyeing using frozen Russian assets as collateral for Ukraine loans, EU official says WASHINGTON: Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral... Published 18 Apr, 2024 08:09pm
World Yellen says it’s important to unlock value of Russian assets to aid Ukraine WASHINGTON: The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock... Published 16 Apr, 2024 10:31pm
World Russia says EU frozen assets plan is theft, will lead to decades of lawsuits MOSCOW: Russia on Wednesday said a proposal by European Union foreign policy chief Josep Borrell to take 90% of... Published 20 Mar, 2024 05:05pm
World EU’s Borrell wants to use 90% of frozen Russian assets revenues to buy arms for Ukraine BRUSSELS: European Union foreign policy chief Josep Borrell said on Tuesday he will propose that the EU uses 90... Published 19 Mar, 2024 04:40pm
World G7 finance meeting marred by divisions over seizing Russian assets SAO PAULO: French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S. Treasury Secretary Janet... Published 28 Feb, 2024 10:57pm
World UK’s Sunak backs ‘bolder’ action on frozen Russian assets LONDON: British Prime Minister Rishi Sunak urged the West on Sunday to be “bolder” in seizing Russian assets and to... Published 25 Feb, 2024 04:44pm
World Russia warns the West: we will be very tough if you ‘steal’ our assets MOSCOW: Russia warned the West on Tuesday that Moscow would be very tough if the United States and European Union... Published 13 Feb, 2024 01:32pm
World Swiss have frozen $8.8 billion of Russian assets ZURICH: Switzerland has frozen an estimated 7.7 billion Swiss francs ($8.81 billion)in financial assets belonging to... Published 01 Dec, 2023 05:43pm
World EU working on proposal for frozen Russian assets: von der Leyen BRUSSELS: The European Commission is working on a proposal to pool some of the profits derived from frozen Russian... Published 27 Oct, 2023 07:54pm
World Ukraine to get 1.7bn euros from frozen Russian funds: Belgium BRUSSELS: Ukraine is to receive 1.7 billion euros ($1.8 billion) from taxes on interest generated from Russian funds... Published 11 Oct, 2023 11:01pm
World Yellen signals support for windfall tax on frozen Russian assets WASHINGTON: U.S. Treasury Secretary Janet Yellen has voiced support for a European Union plan to impose a windfall... Published 21 Sep, 2023 09:47pm
World Over $8bn of Russian central bank assets held in Switzerland GENEVA: A total of 7.4 billion Swiss francs ($8.3 billion) of reserves and assets of the Russian central bank are... Published 10 May, 2023 05:55pm
World 'Not easy' to seize Russia assets: EU task force head STOCKHOLM: EU plans to seize Russian assets following Moscow's invasion of Ukraine, prioritising state assets of... Published 25 Mar, 2023 12:12am
World Russian assets worth around $5.7bn sanctioned in Germany BERLIN: Russian assets worth around 5.32 billion euros ($5.69 billion) have been sanctioned in Germany over the... Published 18 Feb, 2023 01:20pm
Opinion Seizing Russian assets is easier said than done The idea is seductively simple: the West should turn over billions of dollars of frozen Russian assets to Ukraine to... Published 13 Feb, 2023 06:12am
World EU foreign policy chief hopes bloc agrees next tranche of military aid to Ukraine BRUSSELS: The European Union’s foreign policy chief Josep Borrell said he hopes member states will approve another... Published 23 Jan, 2023 01:41pm
World Russian assets frozen in Hungary hit $925mn in November: report BUDAPEST: Russian assets frozen by Hungary’s government, which has repeatedly stalled EU sanctions against Moscow,... Published 16 Dec, 2022 05:08pm
World Russian assets worth 19bn euros frozen in EU over Ukraine war BRUSSELS: EU countries, led by Belgium and Luxembourg, have frozen 18.9 billion euros of assets belonging to Russian... Published 09 Dec, 2022 10:39pm
World Britain has frozen 18 billion pounds worth of Russian assets LONDON: The British government said on Thursday it had frozen assets worth more than 18 billion pounds ($20.5... Published 10 Nov, 2022 06:44pm
World EU has frozen 17bn euros in Russian assets: official BRUSSELS: The European Union has frozen Russian assets worth around 17 billion euros ($16.9 billion) since Moscow... Published 29 Oct, 2022 05:51pm
World Putin signs law seeking to help Russian investors ditch frozen assets MOSCOW: Russian investors will have the right to ask foreign institutions holding their frozen securities to ... Published 15 Jul, 2022 09:19pm
World EU freezes Russian assets worth $13.8 billion: Commission PRAGUE: The European Union has frozen Russian assets worth $13.8 billion since Russia invaded Ukraine on February... Updated 12 Jul, 2022 07:34pm
World Swiss give cool reply to Ukraine call for seizing Russian assets LUGANO: Switzerland has given a cool response to calls from Ukraine's prime minister to use frozen assets of... Published 05 Jul, 2022 11:45pm
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In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn