Tag: Asset confiscation

Russia Threatens to Sever Ties with Washington Amid Confiscation Plans for $300 Billion Reserves

Dec 23, 2023

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by

Roselyn Sarita

in US-Russia

In a bold move, Russia warns of diplomatic fallout if the U.S. proceeds with freezing half of Moscow’s foreign reserves, now totaling $563 billion. Geopolitical Tensions Rise as West Eyes Russian Reserves for Ukraine Aid The West eyes these funds, frozen in American, British, Swiss, and EU banks, as potential aid for Ukraine. Russia’s Deputy…