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Russia warns of consequences of supporting Ukraine with frozen Russian assets

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Russia warns of consequences of supporting Ukraine with frozen Russian assets

2024-10-26 20:26 Last Updated At:23:47

Supporting the Ukrainian military efforts with proceeds from frozen Russian assets violates the international law and will have consequences for the international financial system, said Ivan Chebeskov, Russian Deputy Minister of Finance, on Friday.

If the West acts on the related practices, Russia will act similarly, said Russian Finance Minister Anton Siluanov Thursday, adding that the country had already frozen the funds of the "unfriendly" companies and organizations and will direct revenues from the frozen assets for needs of the economy, and for needs of regions of the Russian Federation.

In February 2022, when the conflict between Russia and Ukraine escalated, the West froze about 300 billion U.S. dollars of Russian overseas assets.

In June this year, the leaders of the Group of Seven (G7) countries and the European Union agreed to use the proceeds of the frozen Russian assets as collateral for loans to Ukraine.

Russia warns of consequences of supporting Ukraine with frozen Russian assets

Russia warns of consequences of supporting Ukraine with frozen Russian assets

Russia warns of consequences of supporting Ukraine with frozen Russian assets

Russia warns of consequences of supporting Ukraine with frozen Russian assets

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Lebanese death toll from Israeli attacks rises to 2,653

2024-10-27 10:09 Last Updated At:10:37

The death toll from the Israeli attacks on the Lebanon-based Hezbollah militant group had risen to 2,653 since October 8 of last year, with 12,360 others injured, the Lebanese authorities said on Saturday.

Israel launched an airstrike on a health center on Friday in Lebanon's southern town of Bazouriyeh, leaving one nurser killed and five others injured, according to the Ministry of Public Health.

The Israel-Hezbollah conflict had caused 164 deaths and more than 270 injuries in Lebanon's health and emergency sectors, it said.

The ministry once again condemned the Israeli army's attacks on Lebanon's medical centers and their staff.

The Israel Defense Forces (IDF) said on Saturday Hezbollah fighters fired about 190 rockets into northern Israel where air raid sirens sounded.

Meanwhile, Hezbollah issued a statement on the same day, saying that it had used rockets to attack the Shemona settlement in northern Israel.

Hezbollah began firing rockets into northern Israel on Oct. 8, 2023, one day after Hamas' surprise attack on Israel to show solidarity with the Palestinian group. Israel carried out airstrikes in response.

Since Sept. 23 this year, the Israeli army has launched an intensive air attack on Lebanon, marking a dangerous escalation with Hezbollah. In addition, Israel initiated a ground operation across its northern border into Lebanon earlier this month.

Lebanese death toll from Israeli attacks rises to 2,653

Lebanese death toll from Israeli attacks rises to 2,653

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