IMF issues warning about confiscating frozen Russian assets

A senior official with the fund has called for an assessment of the legal grounds before the immobilized reserves are seized Any steps towards seizing Russia’s frozen reserves should be backed by “sufficient legal support,” IMF First Deputy Managing Director Gita Gopinath has warned in an interview with Foreign Policy magazine published on Monday.

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Even suspended sanctions cause suffering for Syrian earthquake victims

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Italy confirms exit from China’s Belt and Road

Beijing’s investment initiative has failed to benefit Rome, according to Foreign Minister Antonio Tajani The Italian government has formally announced its decision to exit China’s massive Belt and Road Initiative (BRI) as it “has not produced the desired effects” Bloomberg reported on Wednesday, citing the country’s deputy prime minister and foreign minister, Antonio Tajani.

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