US urged to return frozen assets to Afghanistan

US urged to return frozen assets to Afghanistan

Dozens of prominent economists have urged the US to hand over $7 billion in frozen assets of the central bank of Afghanistan to tackle the humanitarian crisis. “We are deeply concerned about the ongoing humanitarian and economic catastrophe in Afghanistan, …

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The EU has frozen nearly $14 billion in Russian assets

The EU has frozen nearly $14 billion in Russian assets

The EU announced to freeze Russian assets totaling 13.8 billion USD since Moscow launched a military operation in Ukraine at the end of February. “This amount of assets has been frozen by us from financiers and other Russian entities. That’s …

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Switzerland opposes handing over frozen Russian assets to Ukraine

Switzerland opposes handing over frozen Russian assets to Ukraine

The Swiss president warned the international community of the negative consequences of transferring frozen Russian assets to Ukraine. “Property rights, property rights are fundamental rights, human rights,” President Ignazio Cassis said at the Ukraine Reconstruction Conference held in Lugano, Switzerland, …

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US says Russian oligarchs have frozen 30 billion USD

US says Russian oligarchs have frozen 30 billion USD

The US Treasury Department said the multinational working group REPO froze $30 billion in assets of Russian tycoons in the first 100 days of its operation. “We will continue to increase the price Russia has to pay for its military …

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