Putin's Decree: Russia Eyes American Assets for Confiscation

Russia is preparing to identify American assets for potential confiscation in retaliation for any seizure of its own assets in the United States, as reported by Reuters. A decree issued by Russian President Vladimir Putin has authorized a special commission to compile a list of assets that could be targeted, encompassing real estate, stocks, movable assets, and property rights.

With more than 300 billion USD of Russian assets frozen in Western banks due to declining investment from Western nations, Russia lacks direct means to respond to asset seizures....