Russia could target assets under its jurisdiction if the West confiscates the country’s frozen funds, the Foreign Ministry warns Russia has a “wide arsenal” of political and economic countermeasures to respond to the potential confiscation of its sovereign assets, including a tit-for-tat seizure of Western property in Russia, Foreign Ministry spokeswoman Maria Zakharova has said. The leaders of the Group of Seven (G7) nations agreed at last week’s summit in Apulia, Italy, to use interest from frozen Russian assets to secure a $50 billion loan for Kiev. Zakharova pointed out that Russia has a “significant” amoun
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