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Tag: Assets, Frozen

World

What to Know About the $50 Billion Ukraine Loan Backed by Russian Assets

June 14, 2024June 14, 2024STEVEN ERLANGERComments Off on What to Know About the $50 Billion Ukraine Loan Backed by Russian Assets

The United States and others plan to give the sum to Kyiv, with the interest from Moscow’s assets frozen in the West used to repay it. But many of the details about the arrangement are unclear.

World

G7 Leaders Agree on $50 Billion Loan to Ukraine From Frozen Russian Assets

June 13, 2024Steven Erlanger and David E. SangerComments Off on G7 Leaders Agree on $50 Billion Loan to Ukraine From Frozen Russian Assets

The agreement comes as Ukraine has been forced to sell some state assets and as the momentum in the war has shifted in favor of Russia.

World

G7 Summit in Italy Gathers West’s Wounded Leaders to Discuss Unruly World

June 13, 2024June 13, 2024Mark Landler and Steven ErlangerComments Off on G7 Summit in Italy Gathers West’s Wounded Leaders to Discuss Unruly World

The Group of 7 gathers major industrialized countries, but its leaders are politically weak and Ukraine and Gaza remain unsolved.

World

G7 Summit in Italy Gathers West’s Wounded Leaders to Discuss Unruly World

June 13, 2024Mark Landler and Steven ErlangerComments Off on G7 Summit in Italy Gathers West’s Wounded Leaders to Discuss Unruly World

The Group of 7 gathers major industrialized countries, but its leaders are politically weak and Ukraine and Gaza remain unsolved.

World

At the G7, Biden Will Push for Frozen Russian Assets to Help Ukraine

June 12, 2024June 12, 2024Erica L. Green and David E. SangerComments Off on At the G7, Biden Will Push for Frozen Russian Assets to Help Ukraine

President Biden faces the hurdle of convincing his allies that the United States plans to stay in the fight with Ukraine, no matter what happens in November.

World

Ukraine Needs Money to Fight. Can Seized Russian Assets Help?

May 14, 2024May 14, 2024STEVEN ERLANGERComments Off on Ukraine Needs Money to Fight. Can Seized Russian Assets Help?

Kyiv’s supporters are discussing how to use the interest earned by frozen Russian assets to help pay for weapons and postwar reconstruction.

World

At G7 Meeting in Capri, Blinken Tackles Rough Seas and Global Crises

April 19, 2024April 19, 2024Michael CrowleyComments Off on At G7 Meeting in Capri, Blinken Tackles Rough Seas and Global Crises

Secretary of State Antony J. Blinken and his counterparts, who met on the Italian island of Capri, welcomed signs that tensions between Iran and Israel might not worsen.

World

Indian Opposition Parties Say They Face Tide of Troubles as Vote Nears

March 21, 2024March 21, 2024SAMEER YASIRComments Off on Indian Opposition Parties Say They Face Tide of Troubles as Vote Nears

Weeks before pivotal elections, the head of one party was arrested on what his supporters said were trumped-up charges and another party said it lost access to its funds.

World

E.U. Plans to Use Russian Frozen Assets to Pay for Weapons for Ukraine

March 20, 2024March 21, 2024Matina Stevis-Gridneff and Monika PronczukComments Off on E.U. Plans to Use Russian Frozen Assets to Pay for Weapons for Ukraine

Using interest earned on frozen Russian assets held in Europe, the bloc plans to raise billions. But other ways to pay for new weapons remain elusive.

World

Divisions Among Finance Ministers Flare Over Seizing Russian Assets

February 28, 2024ALAN RAPPEPORTComments Off on Divisions Among Finance Ministers Flare Over Seizing Russian Assets

France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.

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