The confiscation of Russia’s frozen assets could lead to massive financial losses on part of the US and its allies, the news agency RIA Novosti reported over the weekend. A number of Western nations, including the US, UK, France, and Germany, still have significant investments in Russia that could be lost.

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RFE/RL’s Alsu Kurmasheva – a dual US/Russian national – was arrested in Kazan Russian law enforcement has detained Alsu Kurmasheva, an editor from the US state-run media outlet Radio Free Europe/Radio Liberty (RFE/RL), over failing to register as a foreign agent and gathering sensitive military data, two sources reported on Thursday.