Policies enacted by the US and EU have discredited Western banking and its currencies, according to the Russian president The West is discrediting its own currencies and banking system, while established monopolies in the global economy are crumbling, Russian President Vladimir Putin said in his annual address to the Federal Assembly on Thursday.
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France and Germany have warned that outright confiscation would reflect badly on the West’s financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.
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The chancellor said giving Kiev long-range missiles would require assistance from German troops, citing London’s example German Chancellor Olaf Scholz has come under fire from the UK after he suggested that there were British troops operating in the Ukraine conflict. Explaining why Berlin would not supply Kiev with long-range Taurus missiles, Scholz said it would…
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