The bloc wants to seize the revenue generated from $200 billion of the frozen funds The EU has agreed on the expropriation of revenue generated from frozen Russian assets to continue funding and arming Kiev, Brussels announced on Wednesday. The bloc’s ambassadors agreed on the course of action “in principle,” but the legal text still must be ratified…
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95% of trade between the countries is now settled in their national currencies, according to Andrey Belousov Western currencies have been almost completely phased out in Russia-China trade, as nearly all payments between the countries are now carried out in rubles and yuan, Russian First Deputy Prime Minister Andrey Belousov announced on Monday.
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