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 Beijing has said it has no intention of using force, unless provoked by the leaders of the self-administered island The Chinese military is on track to meet a supposed 2027 deadline for a ground operation in Taiwan, a senior US Navy official has told Congress. Beijing considers the self-governed island to be part […]
Source link Legislation allowing such a move should be called “Navalny Laws,” Norbert Rottgen said Russia’s assets that remain frozen in the West should be confiscated in response to the death of opposition activist and anti-corruption campaigner Alexey Navalny, German parliament member Norbert Rottgen has said. This money should be used to provide more arms […]
Source link The EU’s planned seizure of billions of euros of interest payments arising from frozen Russian assets is reminiscent of communism, Hungarian Foreign Minister Peter Szijjarto told RIA Novosti on Thursday. The EU is facing increasing pressure from the US and its allies to find ways to seize hundreds of billions of euros in […]
Source link Unblocking €50 billion for Ukraine has bought the bloc some time, Paolo Gentiloni has said The European Union is cautious about calls to seize Russian sovereign funds, EU Economy Commissioner Paolo Gentiloni told the Financial Times on Tuesday. The US and its allies froze an estimated $300 billion in Russian assets in February […]
Source link Hungarian right-winger Laszlo Toroczkai said it should be done in case Ukraine loses its statehood out of conflict with Russia Hungary should seize Ukraine’s westernmost Transcarpathia region in case the country ceases to exist as a result of its conflict with Russia, right-wing lawmaker Laszlo Toroczkai has suggested. The leader of political party […]
Source link Ukraine is “working hard” with Washington to secure American funding for the country in 2024, PM Denis Shmygal said The US assured Kiev that the Russian assets that remain frozen in the West are going to be seized and used to rebuild Ukraine after the conflict, Ukrainian Prime Minister Denis Shmygal has said. […]
Source link The European Union is “unlikely” to confiscate the Russian Central Bank funds that are currently frozen due to Ukraine-related sanctions, Reuters reported on Tuesday. There is no agreement among the members for the risky move, senior bloc officials told the agency. The US and its allies froze an estimated $300 billion of Russian […]
Source link Washington is reportedly pressing its partners for a strategy before the second anniversary of the start of the Ukraine conflict The White House has started urgent discussions with its allies on seizing frozen Russian assets and using them to help Ukraine, the New York Times reported on Thursday, citing sources. Western nations are […]
Source link Slovakia will not follow its neighbor’s lead and freeze Russian assets on its territory, Prime Minister Robert Fico has said Slovakia has no intention of following its neighbor’s example and seizing Russian real estate on its territory, Prime Minister Robert Fico told the local news media outlet InfoVojna in an interview aired on […]
Source link The drugs could’ve fetched the criminals up to $72 million if sold on the streets, the FSB has said Russia’s Federal Security Service (FSB) has said that its operatives had captured a 673kg batch of Latin American cocaine, which was intended to be smuggled into the EU. The wholesale price of the shipment […]
Source link Germany may confiscate gift parcels sent from Russia ahead of this year’s festive season, the country’s Federal Customs Service announced in statement on its website this week. According to the statement, gift parcels are regulated by the same sanctions legislation as any imports, as they may contain sanctioned goods such as paper, pulp, […]
Source link West Jerusalem claims that the raid on the Galaxy Leader cargo ship in the Red Sea was orchestrated by Iran The Houthi government in Yemen says it has seized an Israeli-affiliated cargo ship in the Red Sea, as tensions between the two boil over due to the conflict in Gaza. Israel has condemned […]