US pushing G7 to confiscate Russian assets – FT ...News

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US pushing G7 to confiscate Russian assets – FT
Washington reportedly wants to come up with a plan in time for the group's February summit The United States has called for working groups from the Group of Seven (G7) countries to explore ways to confiscate hundreds of billions of dollars in frozen Russian assets, the Financial Times reported this week. The United States, backed by the UK, Japan and Canada, has proposed setting up preparatory work for expropriating over $300 billion in Russian foreign exchange reserves that were immobilized by Western nations after the start of the Ukraine conflict. Washington wants to consider options for the confiscation at a G

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