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Who Owns Russia’s Frozen Billions? The Global Battle Over Sovereign Wealth
Published 1 week, 1 day ago
Description
In February 2022, Western allies locked down roughly $300 billion of Russia’s sovereign wealth overnight. But freezing assets is not the same as seizing them. This episode investigates the high-stakes legal tightrope over Russia’s foreign reserves, the mechanism diverting billions in "windfall profits" to arm and rebuild Ukraine, and the precedent-shattering question facing every central bank on Earth: when your money lives inside someone else’s borders, who really owns it?