The upper house of the Swiss parliament on Thursday passed by a modest majority a proposal to allow frozen Russian assets in the country to be given to Ukraine as war reparations, Világgazdaság reports. The issue has sparked heated debate in the shadow of the banking system, a key sector for the country’s neutrality. For the time being, the ruling only allows the government to find a way in international... 

During a speech at the US-Ukraine Partnership Forum in Washington on Thursday, Victoria Nuland, the US Under Secretary of State for Political Affairs, said that the American authorities are in discussions about using the Russian central bank assets frozen by the West to rebuild Ukraine after the conflict between Kiev and Moscow ends. The reconstruction program aims not only to rebuild Ukraine’s...