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Published 14 days ago

Moscow may seize private US assets in Russia if US seizes frozen reserves, says Putin ally

Summary by WTVB
MOSCOW (Reuters) – Russia may respond to any U.S. confiscation of its currency reserves frozen in the West by seizing the assets, including property and cash, of U.S. citizens and investors in Russia, Dmitry Medvedev, a senior security official, said on Saturday. The U.S. House of Representatives has passed a bill allowing the Biden administration to confiscate Russian assets held in American banks and transfer them to Ukraine, something the…

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