Source link The prime minister suggested people would regret scrapping the donation scheme that his government introduced Indian Prime Minister Narendra Modi has claimed his country is being “pushed” towards corruption after a scheme for funding political parties introduced by his government was deemed unconstitutional by the Supreme Court. Commenting on the electoral bonds scheme […]
Source link Expropriating frozen funds would have long-ranging legal ramifications, experts warn The UK might not actually confiscate Russia’s immobilized assets despite political pledges to do so because such a step would violate the rule of law and lead to a litany of legal quandaries, according to sanctions experts cited by Politico in an article […]
Source link The oil and gas firm was named by the Russian Investigative Committee among organizations potentially used to finance terrorism The Russian Investigative Committee on Tuesday said it launched a criminal probe into the financing of terrorism, naming the Ukrainian industrial conglomerate Burisma among the suspects. RT spoke about the unfolding scandal to Arnaud […]
Source link Arvind Kejriwal, a major Indian opposition figure, has vowed to govern the capital from prison An Indian court on Monday remanded Arvind Kejriwal, Chief Minister of Delhi and the leader of the opposition Aam Aadmi Party (AAP), to judicial custody until April 15. The politician was arrested on March 21 by the Enforcement […]
Source link The bloc will continue to look at options for using proceeds from frozen assets, leaders have said in a summit declaration The EU will continue to “explore options” for the seizure of revenues generated by frozen Russian assets to fund Ukraine, bloc leaders said after a summit in Brussels on Thursday. The West […]
Source link The profits generated from Moscow’s frozen assets can be used to support the Ukrainian military, the chancellor has argued German Chancellor Olaf Scholz has claimed that the money generated from Russia’s frozen assets in the EU does not belong to anyone, arguing once again that it can be used by Brussels to purchase […]
Source link Malta, Luxembourg, and Hungary have reportedly warned against directing the proceeds generated by the frozen assets to Ukraine’s military An EU plan to use the profits generated by Russia’s frozen central bank assets to buy weapons for Ukraine has faced resistance from Malta, Luxembourg, and Hungary, Politico reported on Thursday, citing an EU […]
Source link The bloc’s members have agreed to add €5 billion to a fund that reimburses nations for their assistance to Kiev EU nations have sought to demonstrate their support for Kiev and send a message to Russia by approving €5 billion ($5.5 billion) in additional funding to Ukraine. Members of the bloc agreed on […]
Source link The Biden administration has reportedly tapped up to $400 million in “credits” to send more weapons to Kiev US President Joe Biden’s administration has reportedly scraped together funding to send as much as $400 million in weapons to Ukraine, its first such aid package in months, amid struggles to secure congressional approval for […]
Source link Departed brands such as Honor, Xiaomi, Samsung, and Acer reportedly resumed marketing in the sanctioned country in 2023 Many Asian electronics giants that curtailed promotion or suspended official supplies of goods to Russia in the wake of Ukraine-related sanctions resumed advertising in the country in 2023, according to a Kommersant report on Monday. […]
Source link The US leader is reportedly looking for alternatives after his foreign aid bill stalled in Congress The US government is considering tapping into the US Army budget in order to provide Ukraine with much-needed additional military aid, Bloomberg reported on Wednesday, citing people familiar with the matter. One of the sources told the […]
Source link Those who take their funds abroad risk “losing everything,” according to the president Russian President Vladimir Putin has called on the country’s businesses to invest at home so that they don’t have to search for ways to get their assets back from the West. Those who withdraw funds abroad risk “losing everything,” the […]
Source link War funding receives votes in Congress because politicians are paid off by the military-industrial complex, the analyst says The American public considers wars, and the Ukraine conflict in particular, a bad investment, award-winning US economist and public policy analyst Jeffrey Sachs has said. Since the start of Russia’s military operation in the neighboring […]
Source link The move could undermine the European financial system, chief executive Lieve Mostrey has claimed A plan by the G7 to use Russia’s frozen assets as a backstop to issue loans for the reconstruction of Ukraine would pose risks to the financial stability of Europe, Lieve Mostrey, CEO of the Brussels-based clearinghouse Euroclear, has […]
Source link Continued Western aid will only result in more dead Ukrainians, not Russian defeat, the journalist has predicted US senators who intend to send an additional $60 billion in aid to Ukraine will be voting for the continued slaughter of Ukrainians, since the country cannot win against Russia, even with Western assistance, US journalist […]