Ukraine

Russian President Putin ordered the government to prepare retaliation for any seizure of assets by the US as Washington tries to build support for using revenue from frozen Russian funds to support Ukraine. Under the measure, US assets in Russia could be confiscated to compensate for losses suffered by the Russian government or central bank, according to the decree published Thursday on a government website. Putin’s action comes as finance ministers from the G7 are discussing a US plan to squeeze value out of frozen Russian assets at a meeting in Stresa, Italy, this week.