Expert Mickey Bergman gave Fox News an inside look at ongoing negotiations to free Paul Whelan from Russian prison and recount the situations of other detained Americans.
International banks, seeking to avoid legal problems, are calling for the establishment of legal principles before transferring funds to Ukraine. Source: Bloomberg Details: The total amount of frozen Russian money in the UK is unknown, but some say it is £26 billion (approximately €30 billion) of the Central Bank of Russia's assets.
Russian companies have been increasingly leaving Cyprus as Western sanctions impact their ability to operate, the Russian state-controlled media outlet Kommersant wrote on Jan. 16.
The Biden Administration has affirmed its support for a bill that would allow for the confiscation of some of the $300 billion of frozen Russian assets for reconstructing Ukraine, Bloomberg reported on Jan. 10.
If the Biden administration gets away with illegally using seized Russian assets to fund Ukraine, that would “basically nuke the entire Western financial system to the ground, journalist Nebojsa Malic told Sputnik.