US and Europe at odds on tapping US$280bil of Russian assets

The United States has been leading the push, with Treasury secretary Janet Yellen this week saying the legal and moral case is strong, and seeking to assuage European doubts. — Bloomberg

BRUSSELS: The United States and its European allies say they’re determined to use frozen Russian assets to help Ukraine – somehow.

In Brazil this week, they’re arguing about the best way to do it without getting into legal or financial jeopardy.