March 18, 2025 - 09:19
As uncertainty looms over U.S. support for Ukraine, European allies are contemplating the controversial decision to seize $300 billion in frozen Russian assets. This substantial sum, initially frozen following Russia's full-scale invasion in early 2022, could potentially be utilized to aid Ukraine in various critical areas, including military support, compensation for damages, and the reconstruction of devastated communities.
However, the assets remain untouched, as concerns mount regarding the legality of such a seizure. Critics argue that confiscating these funds could breach international law and lead to significant instability in global financial markets. The debate intensifies as Ukraine continues to face immense challenges, prompting allies to explore all possible avenues for assistance.
Key questions arise about the nature of these assets and their locations, as well as the broader implications of their potential seizure. The situation remains fluid, with stakeholders weighing the risks and benefits of tapping into these frozen resources to support Ukraine's ongoing struggle.
June 25, 2025 - 00:18
Yale's Financial Stability Program Unveils Crisis Management PlaybookThis year marks a significant milestone for the Yale Program on Financial Stability as it wraps up the New Bagehot Project. This ambitious initiative, spanning a decade, has meticulously chronicled...
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Japan's Foreign Exchange Diplomat Reappointed for Another YearTOKYO - Japan`s leading foreign exchange diplomat, Atsushi Mimura, has been reappointed for a second consecutive year, according to the finance ministry. This decision underscores his significance...
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Rethinking Finance: A Call for Inclusivity and SustainabilityIn affluent societies, the relationship with money has shifted dramatically, transforming it into a master rather than a servant. This paradigm has far-reaching implications, not only for...
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