Showing posts with label Seizure. Show all posts
Showing posts with label Seizure. Show all posts

Friday, April 11, 2025

Saturday, December 21, 2024

German chancellor exasperated by idea of spending frozen Russian assets to help Kiev

frozen Russian assets

German Chancellor Olaf Scholz was exasperated at a recent meeting of EU leaders after Polish President Andrzej Duda called on the EU to confiscate and spend the 260 billion euro worth of Russian sovereign assets immobilized in Europe to maintain support for Ukraine, the Financial Times writes, citing sources.

Tuesday, October 22, 2024

UK to Give Ukraine $2.93 Bln as Part of G7 Loan Secured by Russian Frozen Assets

London will provide Kiev with £2.26 billion ($2.93 billion) as part of a G7 loan, to be repaid using income from frozen Russian assets, according to a statement issued by the British government.

Wednesday, October 9, 2024

The EU agreed on a mechanism for a loan to Kyiv for 35 billion euros from the income of Russian assets

Ambassadors of the European Union have agreed on a procedure for allocating a loan of 35 million euros to Kyiv using income from frozen assets of the Russian Federation. This was reported by the Hungarian representation in the EU.

Tuesday, September 17, 2024

EU Allocates €1.4 Bln From Frozen Russian Assets for Ukraine’s Air Defenses and Ammunition

The EU's top diplomat Josep Borrell stated that the EU had already transferred the first €1.4 billion in revenues from Russia's frozen assets to pay for military supplies to Ukraine at the end of August. 

Wednesday, July 17, 2024

Japan to allocate $3.3 bln to Ukraine using incomes from frozen Russian assets — Kyodo

The Japanese government plans to allocate to the Kiev government around 520 billion yen, equal of $3,3 billion at the current exchange rate, using incomes generated by Russia’s immobilized assets, the Kyodo news agency reported.

Friday, June 14, 2024

Attempts by West to seize Russian assets considered theft, will not go unanswered — Putin

Any attempts by Western countries to seize Russian assets will be considered theft and will not go unanswered, Russian President Vladimir Putin stated at a meeting with the Russian Foreign Ministry.

Thursday, May 23, 2024

Putin allowed the use of US property in the Russian Federation to compensate for damage from Washington

Russian President Vladimir Putin allowed the use of American property in Russia to compensate for damage from the seizure of Russian property in the United States; the corresponding decree was signed on May 23.

Tuesday, April 30, 2024

Iranian Official Dismisses Concerns about Health of Detained Ship Crew

Acting deputy for Maritime Affairs at the Ports and Maritime Organization Ali Akbar Marzban provided an update on the well-being of the crew aboard the container ship MCS Aries that was seized recently.

Saturday, April 13, 2024

Israeli Foreign Minister Accuses Iran of Piracy, Calls on Int'l Community to Declare IRGC Terrorists

Israeli Foreign Minister Israel Katz on Saturday accused Iranian authorities of piracy following the seizure of the Portuguese-flagged cargo ship sailing through the Strait of Hormuz, and called on the European Union and the international community to recognize Iran's Islamic Revolutionary Guard Corps as a terrorist organization.

Saturday, March 16, 2024

Berlin Supports Tapping Frozen Russian Assets for Ukrainian Arms - Scholz

On Friday, German Chancellor Olaf Scholz said that European countries would use the windfall profits from nearly $300 billion in frozen Russian assets to enable their weapon purchases for Ukraine, according to a recent report from a New York City journal.

Thursday, March 14, 2024

Hungary, Malta, Luxembourg oppose using frozen Russian assets to buy munitions for Ukraine

Hungary, Malta and Luxembourg have come out against a proposal to seize investment returns earned on frozen Russian assets to buy munitions for Ukraine, Politico reports, citing an informed source.

Monday, February 5, 2024

Kremlin warns West against using frozen Russian assets as collateral for Ukraine

The Kremlin on Monday warned the West that any attempt to use frozen Russian assets as collateral to raise funds for Ukraine would be illegal and lead to years of litigation because Moscow would challenge any such action.

Thursday, January 11, 2024

US demands Iran immediately release seized ship seized off Oman’s coast

The United States on Thursday demanded that Iran immediately release a ship seized off Oman’s coast in avowed retaliation for US actions and said it was looking at steps to take.

Iranian Navy Detains US Oil Tanker in Gulf of Oman

On Thursday, a US oil tanker, previously caught in a regional standoff between Iran and US, was reportedly boarded by a group of armed individuals off the coast of Oman and appeared to have changed course toward Iran.

Thursday, December 21, 2023

Russia promises to respond in kind if EU uses its frozen assets

Russia on Thursday promised to respond in kind should the European Union go ahead with a plan to ringfence profits generated from Russia's frozen assets in the EU and hand them to Ukraine.

Wednesday, December 6, 2023

Iran Detains 2 Vessels Smuggling 4.5Mln Liters of Fuel in Persian Gulf - Reports

The navy of Iran's Islamic Revolutionary Guards Corps (IRGC) has detained two ships and arrested 34 crew members smuggling over 4.5 million liters of fuel in the Persian Gulf, Iranian media reported on Wednesday.

Monday, November 27, 2023

US Navy rescues commercial tanker seized off the coast of Aden, Yemen

A tanker linked to an Israel-affiliated company was seized off Yemen Sunday by armed individuals, US defense officials said, but the crew members were later brought to safety.

US says two ballistic missiles from Yemen landed 10 miles from its vessel

The US Central Command said that two ballistic missiles, reported earlier to have been fired from the Houthi-controlled areas of Yemen, landed 10 nautical miles (18.5km) from a US vessel that responded to a distress call sent by a commercial vessel off the Gulf of Aden.

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