Western countries have frozen an estimated $300 billion of Moscow’s sovereign capital since the outbreak of the Ukraine conflict Russia and China are united in condemning the seizure of sovereign assets by third parties, Presidents Vladimir Putin and Xi Jinping said in a joint statement on Thursday. Any nation whose financial resources and properties are targeted in this way has a right to retaliate, they added. Western nations, including the US, UK and EU states, have frozen an estimated $300 billion of Moscow’s sovereign capital since the start of the Ukraine conflict in February 2022. The US and a number of Eur
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