The Group of 7 gathers major industrialized countries, but its leaders are politically weak and Ukraine and Gaza remain unsolved.
Tag: Assets, Frozen
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.
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.
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.
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.
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.
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.
The E.U.’s $54 Billion Deal to Fund Ukraine, Explained
European leaders authorized the long-term financing after Hungary’s prime minister, Viktor Orban, dropped his opposition.
Hungary’s Refusal to Sanction Russia Tests E.U. Ahead of Ukraine Summit
Hungary has again broken with its peers on support for Ukraine. This time, the E.U. may have had enough.
U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.