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EU freezes Russian assets

The European Union has frozen 246 billion dollars of Russian assets, sparking accusations of economic warfare escalation.

Critics slam the EU move as outright theft of a country’s sovereign property. They say violation of sovereign asset immunity sets precedent making seizures of Western assets conceivable.

The EU plans to redirect the funds to the Ukraine loan, raising concerns about indebting future generations. This edition of Spotlight looks into the ramifications of this illegal move.


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