29 h. ago The $300 billion question: What to do with Russia's frozen central bank money?

With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets

Economics

8 d. ago A big thank you to Reform for the comic relief in dark times

Very public squabble between Nigel Farage and Rupert Lowe has been a joy to witness – even if predictableThese past few weeks have been grim. The world hasn’t felt less safe in decades. European leaders desperately scrabbling to secure a peace in Ukraine that isn’t a capitulation to Russia. A US manchild president who is giving a convincing impression of a Russian asset. Vladimir Putin struggling to believe his good fortune.So a big thank you to Reform for providing so much comic relief. Never has the UK needed a good laugh more than now. Which isn’t to say that the very public squabble between Nigel Farage and Rupert Lowe was in any way unexpected. Given enough time away from dissecting the niceties of the Nazi salute – these things matter to supporters of Reform. Strictly arm out to the front, not the side – Nige can usually manage to fall out with anyone. Apart from Richard Tice. Dicky only exists as an echo to Farage. Without a mind of his own. His tragedy has been to be born a ...

Politics

1 week ago Labour told to publish legal advice on using frozen Russian assets amid claims Attorney General is 'holding up' billions of pounds in Ukraine funding

There are thought to be tens of billions of pounds' worth of Russian assets in the UK that have been frozen since Vladimir Putin began his full-scale invasion.

Economics

2 w. ago UK considering ‘all options’ as Sunak presses for Russian assets to be seized

Chancellor Rachel Reeves told MPs that Russia should ‘pay for the damage that Russia has caused’ in Ukraine.

Politics

2 w. ago MP warns Donald Trump could be 'Russian asset' after US President halts military aid to Ukraine

Trump has ordered a "temporary" pause to military aid being sent to Ukraine after his public row with Volodymyr Zelensky.

Events

2 w. ago Labour ministers are urged to use billions in Russian assets

At the weekend, Rachel Reeves announced that she would use the profits of frozen Russian assets to fund a £2.26 billion loan scheme to help Kyiv fund its reconstruction and buy weapons.

Politics

2 w. ago Tusk: London summit participants divided over Russian assets

Tusk: London summit participants divided over Russian assets  News.Az

Politics

2 w. ago Reeves loans £2bn in frozen Russian assets to fund weapons in Ukraine

The UK is further bolstering its support for Ukraine as the PM warns now is a ‘turning point’ in the conflict

Economics

2 w. ago UK bolsters support for Ukraine with £2.26billion loan: Military aid package will be funded by frozen Russian assets as Starmer gives Zelensky 'full backing' after his showdown with Donald trump

The chancellor tonight signed a £2.26 billion UK-Ukraine bilateral loan agreement, marking the first time money from frozen Russian assets will be used for military purposes.

Economics

3 w. ago David Lammy: We should move from freezing Russian assets to seizing them

The Foreign Secretary made the remarks in response to a call for emergency legislation to enable frozen assets to be used to assist Ukraine.

Politics

3 w. ago Russia could agree to letting its $300 BILLION in frozen assets be used to rebuild Ukraine as part of peace deal

After Putin sent troops into Ukraine in 2022, the US s and its allies prohibited transactions with Russia's central bank and finance ministry, blocking $300-$350 billion of sovereign Russian assets.

Economics

3 w. ago Elon Musk has crowd in stiches with witty comeback to critics saying he's a 'bought asset of Putin'

DOGE leader Elon Musk sassed at detractors who have called him a Russian asset during his debut at the Conservative Political Action Conference.

Politics