Members of the bloc can opt out of Brussels’ plan to use the frozen assets to buy weapons for Kiev, the outlet reports

A St. Petersburg-based plant formerly belonging to Japanese automaker Toyota has been handed over to Russian high-end carmaker Aurus, Russia’s acting Minister of Industry and Trade, Denis Manturov, said on Tuesday. The brand is best known for producing limos for the Russian president.

TikTok is suing the US government in an attempt to stop the enforcement of a bill passed by Congress last month that seeks to force the platform’s China-based owner ByteDance to sell the app or face a complete ban.

EU clearinghouse Euroclear accrued €1.6 billion ($1.7 billion) in interest from frozen Russian assets in just three months of this year, its CEO Valerie Urbain has revealed. She warned however, that tapping the funds would have a severe impact on global financial markets.   

Washington is doing nothing about its deteriorating finances because there is nothing it can do without risking major upheaval

Saudi Arabia, a country historically synonymous with oil production, is making strides toward sustainability. Once reliant solely on its vast oil reserves, it is now embracing a green energy revolution that promises to reshape its economic landscape while safeguarding its environmental future.