"Russia Threatens Retaliation Over Frozen Assets Amid Supply Chain Concerns"

Russia has warned of retaliation if the West seizes its frozen assets to aid Ukraine, with reports suggesting that G7 leaders are discussing the legal confiscation of $300 billion in Russian central bank assets. The European Union, G7 countries, Australia, and Switzerland collectively hold $288 billion in direct investments in Russia, potentially making them vulnerable to Russian retaliation. This move could have significant implications for the international financial system and foreign companies operating in Russia.