Reuters
Putin decree outlines Russian response to any US seizure of frozen assets
G7 negotiators have been discussing for weeks how to best exploit some $300 billion worth of Russian financial assets, such as major currencies and government bonds, which were frozen shortly after Moscow invaded Ukraine in February 2022. Russia’s ability to mete out like-for-like retaliation if Western leaders seize its frozen assets has been eroded by dwindling foreign investment, but it may go after private investors’ cash instead, officials and economists told Reuters this month.
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