Reuters. The British PM made this statement to mark two years since the beginning of the war, he said Ukraine continued to need more long-range weapons, drones and munitions, as well as other assistance, in an article in an early edition of the Sunday Times. The first British Asian prime minister further said, "We must be bolder in hitting the Russian war economy ....
And we must be bolder in seizing the hundreds of billions of frozen Russian assets," reported Reuters. Earlier, British Investment Minister Dominic Johnson met US Deputy Treasury Secretary Wally Adeyemo in January to discuss the seizure of frozen Russian assets, however stressed that this confiscation should be done in accordance with international law. Additionally, group of Seven countries have been studying a possible seizure of the assets as a way to make Russia pay for the damage its invasion caused in Ukraine.
Past instances have occurred where countries have already seized Russian assets including European Union, US, Japan and Canada. These countries froze around $300 billion worth of Russian central bank assets in 2022 following Russia's invasion of Ukraine. On Saturday, February 24, Britain's defence ministry announced 245 million pounds that is $311 million worth of aid to fund Ukrainian artillery ammunition.
According to a recent survey by a US-based agency Morning Consult, the most popular leaders in the world including US President Joe Biden, UK PM Rishi Sunak and Canadian PM Justin Trudeau, have been defeated by Prime Minister Narendra Modi. PM Modi emerged as the most popular leader in the world among these global leaders with an approval ratings of 78%. (With inputs from Reuters)Milestone Alert!
Livemint tops charts as the fastest growing