Rich countries worried over fate of frozen Russian assets – Kremlin ...News

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Rich countries worried over fate of frozen Russian assets – Kremlin
Saudi Arabia’s reported threat to the G7 over the holdings proves Moscow’s point, Dmitry Peskov claims Western attempts to confiscate Russian assets are causing damage to the international financial system and worrying other countries, Kremlin spokesman Dmitry Peskov said on Tuesday. It follows a report by Bloomberg last week, which claimed that Saudi Arabia had threatened to sell some of its EU debt holdings if the Group of Seven (G7) went ahead with the confiscation plans. The US and the EU – both members of the G7 – froze almost $300 billion in assets belonging to Russia’s central bank as part of sanctions impo

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