US President-elect Donald Trump may force Russia to pay funds for the restoration of Ukraine. .
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According to the World Bank, Russia caused more than $150 billion in direct damage to Ukraine and nearly $500 billion in economic losses..
“To restore Ukraine, external funding will be needed on this scale, and for rearmament - even more, especially given the need for constant purchases of Western weapons,” the article says.
Miller and Ferguson propose using frozen Russian assets, which, in their opinion, is an obvious solution. . .
Returning Trump to a White House who has the skills to influence and can force Europe to act if it doesn't cooperate.
Changing asset mix, with securities largely converted to cash, giving the US and UK the ability to go it alone.
The ability to mobilize these reserves in ways consistent with international law.
Russia has limited options for economic retaliation (Moscow cannot inflict much more damage than it has already done).
Many European governments now support this idea, realizing that Ukraine needs a stable source of funding in the long term.
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