UK Freezes Over $32 Billion in Russian Assets

The UK government has frozen more than £25 billion ($32 billion) in Russian assets since the start of Russia’s full-scale war against Ukraine three years ago. This is according to the latest data from the UK Treasury. The freezing of £25 billion worth of Russian assets in the UK is the result of "the toughest sanctions Russia has ever faced," the British government stated. "Working with our allies, we have deprived Russia of over $400 billion, equivalent to four years of Russian military spending," emphasized UK Treasury representative Emma Reynolds. She assured that the UK would continue to "firmly enforce our financial sanctions as part of our broader response to Russia’s barbaric invasion of Ukraine." Notably, the UK has previously supported the confiscation of frozen Russian assets and their use to support Ukraine. The UK is also participating in a $50 billion loan mechanism for Ukraine, funded by Russian assets. Under this framework, repayments will be covered by a windfall tax on the profits generated from frozen Russian assets. Read also: Von der Leyen: Ukraine to gain access to new EU defense loan program The post UK Freezes Over $32 Billion in Russian Assets appeared first on Freedom.

UK Freezes Over $32 Billion in Russian Assets

eng.uatv.ua - 23/Mar 18:00

The UK government has frozen more than £25 billion ($32 billion) in Russian assets since the start of Russia’s full-scale war against Ukraine...

Europe should transfer frozen Russian assets to Ukraine – Polish Sejm Marshal

eng.uatv.ua - 26/Mar 11:05

Polish Sejm Marshal Szymon Holownia has said that Europe should transfer all frozen Russian assets to Ukraine, rather than just the interest...

Russians have stolen at least 164 archaeological artifacts from Crimea

eng.uatv.ua - 26/Mar 09:44

Russians have stolen at least 164 archaeological artifacts from Crimea, according to the HUR of Ukraine’s Ministry of Defense. The HUR has...

Air defense, drones, radars: Baerbock announces new arms supplies to Ukraine

eng.uatv.ua - 28/Mar 10:01

Germany will soon deliver new batches of weapons to Ukraine to help the country defend itself against further Russian attacks. Acting German...

Air defense, drones, radars: Baerbock announces new arms supplies to Ukraine

eng.uatv.ua - 28/Mar 10:01

Germany will soon deliver new batches of weapons to Ukraine to help the country defend itself against further Russian attacks. Acting German...

Ukrainian teenagers in occupied territories are resisting Russian brainwashing by secretly running a Ukrainian book club, – Guardian

eng.uatv.ua - 25/Mar 13:44

Ukrainian teenagers in occupied territories are resisting Russian brainwashing by secretly running a Ukrainian book club, The Guardian...

Ukrainian teenagers in occupied territories are resisting Russian brainwashing by secretly running a Ukrainian book club, – Guardian

eng.uatv.ua - 25/Mar 13:44

Ukrainian teenagers in occupied territories are resisting Russian brainwashing by secretly running a Ukrainian book club, The Guardian...

Rubriques :

UK Freezes Over $32 Billion in Russian Assets

Articles similaires

UK Freezes Over $32 Billion in Russian Assets

Europe should transfer frozen Russian assets to Ukraine – Polish Sejm Marshal

Russians have stolen at least 164 archaeological artifacts from Crimea

Air defense, drones, radars: Baerbock announces new arms supplies to Ukraine

Air defense, drones, radars: Baerbock announces new arms supplies to Ukraine

Ukrainian teenagers in occupied territories are resisting Russian brainwashing by secretly running a Ukrainian book club, – Guardian

Ukrainian teenagers in occupied territories are resisting Russian brainwashing by secretly running a Ukrainian book club, – Guardian

Macron announces new €2 billion military support package for Ukraine

Macron announces new €2 billion military support package for Ukraine

Europe’s Best Bet Is To Increasingly Rely On Itself For Its Own Security And Defense – Analysis

Les derniers communiqués