Russia's ability to mete out like-for-like retaliation if Western leaders seize its frozen assets has been eroded by dwindling foreign investment, but officials and economists say there are still ways it can strike back. The United States wants to seize immobilised Russian reserves - around $300 billion globally - and hand them to Ukraine, while EU leaders favour ringfencing profits from the assets, estimating they will total 15-20 billion euros by 2027. Russia says any attempt to take its capital or interest would be "banditry" and has warned of catastrophic consequences, although it has been vague about exactly how it might respond.
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Kiev is working on “new solutions” to crack down on Russian music on streaming platforms, a senior official has said...
Beijing and Washington continue to accuse one another of IP theft, tech transfer and export controls, disrupting global trade...
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