Moscow could reportedly retaliate with similar measures The confiscation of Russia’s frozen assets could lead to massive financial losses on part of the US and its allies, the news agency RIA Novosti reported over the weekend. A number of Western nations, including the US, UK, France, and Germany, still have significant investments in Russia that could be lost. Total foreign direct investments (FDI) in the Russian economy by the EU, G7, Australia, and Switzerland amounted to $288 billion at the end of 2022, the news agency said, citing statistics gathered from the countries themselves. This roughly equals the size
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