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Keywords: Frozen assets


Iran says US agreed to unfreeze $6 billion as White House denies claim

Iran said the United States had agreed to release $6 billion in frozen assets held abroad, but the White House quickly denied the claim, underscoring deep mistrust as high-stakes talks opened in Islamabad. According to Iranian officials cited by Reuters, the funds are held in accounts in Qatar and other......

Russia sues Euroclear for $235 billion in closed-door Moscow trial

A Moscow court has begun proceedings in a massive lawsuit filed by Russia's central bank against Belgium-based Euroclear, seeking 18,200 billion rubles around $235 billion for sovereign assets frozen in Europe since Moscow's 2022 invasion of Ukraine. The presiding judge ordered journalists out......

Europe divided as French resistance sinks €210 billion plan to use Russian assets for Ukraine

At the recent summit in Brussels, France and its allies blocked a bold European Union proposal to use hundreds of billions in frozen Russian assets to fund Ukraine’s future reconstruction, triggering sharp political tensions and accusations of betrayal from Germany. The collapse of the plan has......

Belgium blocks EU plan to use frozen Russian assets as bloc opts for joint debt

European Union leaders abandoned a contentious plan to channel frozen Russian assets into aid for Ukraine after Belgium refused to back the measure without sweeping financial safeguards. The decision marked the collapse of months of negotiations and revealed the deep divisions within the bloc over how......

Europe split as US warns against seizing Russian assets for Ukraine

The Trump administration is urging European allies to abandon their plan to use frozen Russian assets to finance Ukraine’s defense and reconstruction, arguing that the $250 billion fund should remain a bargaining tool in potential peace talks. The move exposes growing divisions within the transatlantic......

Zelensky says Russia preparing to prolong war despite peace talks

Ukraine’s President Volodymyr Zelensky has warned that Russia is positioning itself for a protracted conflict, signaling plans to continue its military campaign through 2026. The statement underscores growing concerns in Kyiv that Moscow remains committed to expanding its offensive rather than......

Ukraine denounces U.S. pressure over use of frozen Russian assets

Ukraine has accused the United States of exerting pressure on European countries to abandon plans to use frozen Russian assets to support Kyiv, according to a senior Ukrainian official speaking anonymously. The official claimed that several European states are reluctant to publicly endorse the idea......

UK government threatens legal action over Abramovich's Chelsea sale proceeds

The UK government has announced its intention to pursue legal action against former Chelsea Football Club owner Roman Abramovich to ensure that the £2.5 billion from the sale of the club is used for humanitarian aid in Ukraine. The sale proceeds have been frozen in a UK bank account since Abramovich......

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