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West divided over seizing Russian assets – Bloomberg ...News
France and Germany have warned that outright confiscation would reflect badly on the West’s financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday. The West has frozen roughly $300 billion in assets belonging to the Russian central bank since the start of the Ukraine conflict. The US and UK have been pushing for actions to outright seize these funds in order to fund the government in Kiev. US Treasury Secretary Janet Yellen this week insisted tha
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