Yellen says range of options to deal with frozen Russian ass

Yellen says range of options to deal with frozen Russian assets

U.S. Treasury Secretary Janet Yellen said on Thursday the outright seizure of Russian assets is justifiable but is only one possibility, with assets instead able to serve as collateral for borrowing in the market to help Ukraine. The European Union has agreed to segregate that interest and essentially move forward on a program in which it can be transferred to Ukraine.

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