Some European officials want to use more than $300 billion in Russian central bank assets to rebuild Ukraine. But Biden administration officials warn that diverting those funds could be illegal.
Tag: Central Bank of Russia
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Russia’s Economic Outlook Grows ‘Especially Gloomy’ as Prices Soar
The government has brought stability for now through extreme measures, but forecasters are expecting continued severe inflation and a deep downturn.
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Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy
Elvira Nabiullina got another five-year term as head of Russia’s central bank after quelling the initial market panic over the invasion of Ukraine.
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Acknowledging the Limits of Sanctions
Sanctions alone will not force Russia to end its war in Ukraine.
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Don’t Just Freeze Russia’s Money. Seize It.
It’s the only way to signal that the United States is committed to making even the world’s most powerful states pay for their war crimes.