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Switzerland's economy ministry said it froze $8 billion of Russian assets out of $50 billion stored in Swiss deposits

Switzerland's economy ministry said it froze $8 billion of Russian assets out of $50 billion stored in Swiss deposits

The Swiss economy ministry announced on Thursday that it had frozen $7.94 billion (7.5 billion Swiss francs) worth of Russian assets as of November 25, 2022. This is apart from 15 properties belonging to Russia's sanctioned legal entities and individuals.
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