As Western democracies apparently struggle to find internal resources to help Ukraine defeat Russian aggression, a mountain of Russian assets sits frozen in various locations in Europe, North America and elsewhere. Apart from the frozen $300 billion of the Russian central bank, Russia’s assets hidden abroad can amount to as much as $1.1 trillion. Is it the time to seize Russian money?
Written by Yuriy Gorodnichenko and Ilona Sologoub
