15.3 C
New York
Saturday, November 16, 2024

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.

David E. Sanger and 

The Biden administration is quietly signaling new support for seizing more than $300 billion in Russian central bank assets stashed in Western nations, and has begun urgent discussions with allies about using the funds to aid Ukraine’s war effort at a moment when financial support is waning, according to senior American and European officials.

More here (no paywall) >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,488FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x