US, EU Move on $300B Russian Assets; Moscow Condemns ‘State Robbery’ Amid Shifting Financial Order

Kathmandu -The United States and European Union have taken aim at $300 billion in frozen Russian assets, justifying the move as support for Ukraine, while Moscow denounces it as “state robbery.” The freeze, imposed on February 28, 2022, locked Russia out of foreign exchange and gold reserves, the bulk of which are held in Europe.…