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...Jeremy Hunt said he would maintain the 5p cut on fuel duty and freeze it for another 12 months, adding that this would save the average driver £50 next year and bring savings since the rate was first frozen...
...Instead, the US proposed last week that tens of billions of euros could be raised for Ukraine by securing loans against future profits from the frozen assets....
...Brussels is pushing to give Ukraine €2bn-€3bn this year from profits derived from Russia’s frozen assets, accelerating the funding plan as US financial support to Kyiv wanes....
...“Democracy is frozen in our country”, he said....
...The US has been pushing its allies to use €260bn of frozen Russian assets, mostly held in Belgium. But EU countries have been hesitant for fear of legal reprisals....
...Reitman — son of series founding director Ivan Reitman — started again with a family-targeted agenda in 2021’s Ghostbusters: Afterlife, and returns as co-writer with director Gil Kenan on Ghostbusters: Frozen...
...Mostly, the market is frozen. Existing home sales are stuck at an annualised rate of about 4mn....
...Euroclear has been sitting on about €191bn belonging to Russia’s central bank, the majority of about €260bn sovereign Russian assets frozen by western sanctions....
...Transnistria is sometimes dubbed the “original frozen conflict”, as it was the first former Soviet region where Moscow stationed soldiers after a brief Russia-backed secessionist war from Moldova in 1992...
...Western nations have expressed concerns about Russia potentially attempting to rekindle a frozen conflict in Moldova on the border with Ukraine....
...The US has proposed raising tens of billions of euros in debt for Ukraine secured against the future profits generated by Russian state assets that have been frozen by western countries....
...Congress in 2000 legislated for the use of Cuban frozen assets to be used to pay for claims against Havana....
...Complaints about debanking in the UK have surged in the past year as more customers turn to the industry ombudsman over concerns their accounts have been frozen or closed....
...That is equal to a loss of £15bn in revenue from 2024 to 2029, compared to if the rate was not frozen....
...The depository holds the bulk of the €260bn in Russian central bank assets frozen by western sanctions....
...Read more on the EU’s plans for Russia’s frozen assets here...
...Kallas said the frozen funds could be used to cover those losses. “If there’s anything left over we can give it back to Russia,” she said....
...The US has been pushing its G7 allies to confiscate about €300bn of frozen Russian sovereign assets, the majority of which are held in Belgium....
EU is moving to use profit from the €191bn in immobilised Russian assets to help Ukraine
...The G7 nations and others have frozen Russian reserves for two years without creating a disruptive, chilling effect....
Agreement marks first step towards potential handing over of billions of euros to Ukraine
...Christine Lagarde, president of the European Central Bank, has poured cold water on US-backed proposals to use more than €260bn of frozen Russian assets to finance Ukraine’s war effort, warning they risked...
...Vladimir Putin has signed a decree allowing western investors to swap their stranded Russian assets in exchange for Russian-held assets frozen by the west following his invasion of Ukraine....
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