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

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 Foreign Minister, Sergey Ryabkov, asserts that Washington should not harbor illusions about Moscow’s commitment to diplomatic relations. The Kremlin suggests asset confiscation could trigger a rupture, with retaliatory measures against Western assets in play.

Amid escalating tensions, legal moves to confiscate reserves might be discussed at the annual Munich Security Conference in mid-February.

READ ALSO: Russia Threatens To Break Ties With Washington, After U.S. and EU Eye Seizing $300 Billion in Moscow’s Overseas Reserves

Concerns Rise Over International Fallout as U.S. and EU Mull Russian Asset Seizure

As geopolitical tensions rise, concerns grow over potential international repercussions following plans to seize Russian assets.

The move, seen as a potential reparation for the Ukraine invasion, faces opposition and skepticism over its impact on global trust in Western banks.

The threat of severing diplomatic ties adds another layer of complexity to an already delicate situation, as leaders weigh extraordinary measures amid escalating geopolitical hostilities.

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