Senators tout Russia sanctions bill
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Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the transformation into a "fortress Russia" economic model during the war in Ukraine,
Russia has seized $50 billion in assets since invading Ukraine in 2022, according to a Moscow law firm. Authorities targeted 102 private assets, including foreign firms such as Carlsberg and Danone. Russia's economic resilience is waning, with signs of recession and slowed GDP growth.
WASHINGTON — The devastation in Ukraine brought on by Russia’s war has leaders around the world calling for seizing more than $300 billion of Russian central bank assets and handing the funds ...
Moscow has placed around a dozen foreign-owned assets under state management since launching the full-scale war in Ukraine in February 2022, and Russia's general prosecutor has stepped up the seizure of domestic assets through the courts this year.
Momentum is growing among some Western nations to seize and sell Russian assets to fund Ukraine. But changing ownership of Russian assets to sell them means lengthy legal battles, an expert told ...
As Russia began its war against Ukraine in late February, the central banks of the U.S., Japan, U.K., European Union and others froze more than $300 billion of Russia’s foreign-exchange reserves.
The White House will ask Congress to streamline the process for seizing Russian assets, and for more aid. Latest Ukraine updates. Hotspots ranked Start the day smarter ☀️ Funniest cap messages ...
Fortress Russia’ uses a host of mechanisms to take major assets as Moscow weathers Western attempts to sink its economy.
The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market
President Trump promised a major announcement on Russia, while more lawmakers are pushing for sanctions against the country amid continued strikes on Ukraine. CBS News' Natalie Brand and Charlie D'Agata have the latest.