Russia warns the West: we will be very tough if you ‘steal’ our assets
RUSSIA warned the West that Moscow would be very tough if the United States and European Union seized hundreds of billions of dollars worth of Russian assets. After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. The EU on Monday adopted a law to set aside windfall profits made on frozen Russian central bank assets, it said on Monday, in a first concrete step towards the bloc's aim of using the money to finance the reconstruction of…