With just days left before handing over the keys to the US government, the Biden administration is making a last-ditch effort to seize hundreds of billions of dollars in Russian assets as future negotiating leverage for Ukraine, according to two senior administration officials.
Top Biden aides have been working to convince European partners to support moving some $300 billion of Russian money into a new escrow account that would be released only as part of a peace deal. The money belongs to...
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