this post was submitted on 01 Dec 2023
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Switzerland

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Switzerland has frozen an estimated CHF7.7 billion ($8.81 billion) in financial assets belonging to Russians, the government said on Friday, under sanctions designed to punish Moscow for its invasion of Ukraine.

The figure, a provisional estimate, represented a slight increase from the CHF7.5 billion the Swiss government said it had blocked last year after the neutral country adopted European Union sanctions. ...

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