Treasury Secretary Janet Yellen offered her strongest public support yet Tuesday for the idea of liquidating about $300 billion in frozen Russian Central Bank assets and using them for Ukraine's ...

Yellen said there's "no legal issue" with the loan backed by Russian assets. Treasury Secretary Janet Yellen pushed back against claims from Russian President Vladimir Putin that world leaders ...

In addition, U.S. sanctions on Russian oligarchs and officials have frozen an estimated $58 billion worth of luxury assets, including yachts, private jets, and real estate, according to the U.S ...

Zelensky urged leaders to use frozen Russian assets to rebuild Ukraine, adding that "We should develop it together". He continues, that it's not just charity, but investment.

The West must use not only the income from frozen Russian assets but also the assets themselves. The funds should go toward Ukraine's reconstruction, says Ukrainian President Volodymyr Zelenskyy ...

Ukraine's Foreign Minister Andrii Sybiha has called on Western partners to use frozen Russian assets themselves, not just the interest they generate, to purchase weapons for Ukraine, support its ...

The assets were frozen in 2022 in response to Russia’s full-scale invasion of Ukraine. However, confiscating them outright could lead to legal and financial repercussions.

According to the U.S. Treasury Department, sanctions on prominent Russian individuals have also frozen about $58 billion in assets, including luxury properties, yachts, and private aircraft.

France may soon become the first country to confiscate frozen Russian assets under Paris jurisdiction. This would create the first precedent allowing the seizure of all Kremlin frozen assets in ...

Britain plans to supply Ukraine with 350 ground-launched air defense missiles, using £70 million in proceeds from Russian funds that were frozen as part of sanctions over the full-scale invasion ...