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Russia prepares for court battle over confiscation of frozen assets – Bloomberg

Russia is preparing a lawsuit to thwart any attempts by the US or the EU to confiscate part of the Central Bank's US$300 billion in frozen assets in favour of Ukraine. Source: Bloomberg, citing sources familiar with the matter Details: Officials in Moscow who are examining the likelihood of the funds being confiscated believe that such an outcome is unlikely.

Putin runs the Russian economy in the same heavy-handed way he navigates his yacht, researcher says

"At the moment, the economy looks resilient. But it's like Putin navigates it the way he navigates his yacht, as if it's an icebreaker. But it's not."

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