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.
Breaking
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts....
San Francisco taxpayers have sued the city over a controversial plan to issue reparations to black descendants of slaves. ...
Match.com sent convicted child sex trafficker Jeffrey Epstein the dating profiles of young women years after his release from jail, according to recently released files by the Department of Justice. ...
loading...