G7 can’t agree on seizing Russian money – Washington ...News

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The US wants to give Kiev at least $50 billion at the upcoming summit, as a “signal” to Moscow The US wants to confiscate frozen Russian sovereign funds and hand them over to Ukraine, but for some G7 member states that is a “red line,” the White House’s architect of sanctions against Russia has said. Washington and its allies froze around $300 billion in Moscow’s assets in February 2022. The US Congress recently granted President Joe Biden the authority to outright confiscate that money, according to Daleep Singh, the deputy national security adviser for international economics. “That would be the most efficient a

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