February 13, 2024 BY Simon Mugo
Russia Issues Warning to the West About Seizing Its State Assets
The situation arose after the United States, along with its allies, imposed restrictions on dealings with Russia’s central bank and finance ministry following President Vladimir Putin’s decision to deploy troops to Ukraine in 2022. These measures effectively immobilised approximately $300 billion of Russia’s sovereign assets in Western countries. On Monday, the European Union announced the…
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