Russian Finance Minister Anton Siluanov.

Russia announces measures in response to the Western confiscation of its assets

Russia is set to implement retaliatory actions that correspond to the West’s seizure of the nation’s sovereign assets, according to Finance Minister Anton Siluanov. In a recent interview with Rossiya-1 TV, Siluanov indicated that Russia plans to utilize the income generated from the frozen assets of Western investors. He emphasized that these measures are a direct response to the unfriendly actions taken by Western nations. … Continue reading Russia announces measures in response to the Western confiscation of its assets

Ukrainian President Volodymyr Zelenskiy is embraced by U.S. President Joe Biden in the Oval Office of the White House in Washington.

Biden has opted to forgive approximately $4.7 billion loans to Ukraine

Outgoing President Joe Biden has opted to forgive approximately $4.7 billion in taxpayer-funded loans to Ukraine as part of a larger initiative to strengthen support for Kiev ahead of President-elect Donald Trump’s inauguration next year. Since February 2022, the US Congress has authorized over $174 billion in various aid packages aimed at assisting Ukraine in its ongoing conflict with Russia. The most recent allocation, approved … Continue reading Biden has opted to forgive approximately $4.7 billion loans to Ukraine