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Putin Authorizes Seizure of US Assets in Retaliatory Move

New decree allows Russia to confiscate American property if US seizes Russian assets, escalating financial tensions

  • Russian courts can now declare US asset seizures unjustified and order compensation.
  • Assets targeted include US-owned securities, real estate, and stakes in Russian companies.
  • G7 nations are debating the use of $300 billion in frozen Russian assets.
  • US legislation permits the transfer of seized Russian assets to Ukraine.
  • Russia's response focuses on private investors due to limited American state property holdings.
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