WARSAW - Britain has frozen some US$350 billion in assets from the"war chest" of Russian President Vladimir Putin, British Foreign Secretary Liz Truss said during a visit to Warsaw on Tuesday .
WARSAW - Britain has frozen some US$350 billion in assets from the"war chest" of Russian President Vladimir Putin, British Foreign Secretary Liz Truss said during a visit to Warsaw on Tuesday . "So far, our sanctions have had a crippling impact on those who feed and fund Putin's war machine.
This week, we will announce that we've frozen over US$350 billion of Putin's war chest," Truss said. She said this action meant that"over 60 per cent of the regime's US$604 billion foreign currency reserves" were now"unavailable" to the Russian government."But we can and we must do more," she said. She called for a ban on Russian ships docking in Western ports and"agreeing a clear timetable to eliminate imports of Russian oil, coal and gas". She also urged Britain's Nato and G-7 partners to impose curbs on"industries that are filling Putin's war chest, like gold".
Please follow us on Google to support usSingapore Latest News, Singapore Headlines
Similar News: You can also read news stories similar to this one that we have collected from other news sources.
Putin's pre-war allies Orban, Vucic dominate Hungarian, Serbian elections
Read more »
Biden says Putin should face war crimes trial for Bucha killingsPresident Biden on Monday condemned the slaughter of civilians in Bucha, Ukraine — and put the blame squarely on Russian President Vladimir Putin.
Read more »
Biden urges Putin war crimes trial after Bucha killings in UkraineWASHINGTON: US President Joe Biden on Monday (Apr 4) accused Russian President Vladimir Putin of war crimes and called for a trial, adding to the global outcry over civilian kil
Read more »
'Nobody negotiated with Hitler,' Polish PM says, berating France's Macron over Putin talksWARSAW: Poland on Monday berated French President Emmanuel Macron for negotiating with Russian leader Vladimir Putin, saying 'nobody negotiated with Hitler', amid an international outcry ov
Read more »
US Congress announces deal on US$10 billion in COVID-19 fundingWASHINGTON: An agreement to provide US$10 billion in US funding for COVID-19 aid has been reached in the Senate, lawmakers said on Monday (Apr 4). Senate Majority Leader Chuck Schumer, the top Democrat in the chamber, and Republican Senator Mitt Romney hailed the deal, but Schumer said he was disappoi
Read more »
War in Ukraine moves east as Putin looks for a victory
Read more »