Europeans move towards seizing €200bn of frozen Russian assets
The FT reports on Europe’s preparation to take over from the US. The paper says Europe’s biggest powers are moving towards seizing more than €200 billion in frozen Russian assets. The paper says France and Germany, who had long opposed a full-blow seizure of the assets held in the EU, are now discussing with the UK and other countries how they could be used.
In more USA news, the FT reports that Trump’s return to power for his second term helped drive a rise in Americans applying to be UK citizens. The paper adds that it hit its highest level on record last year. The paper says that British tax changes also contributed to the high number of Americans applying for UK citizenship.
