The Significance of Russian Assets in Foreign Banks Amidst the Ukraine Conflict

In the last few days of 2023, the United States proposed that working groups from the G7 explore ways to seize $300 billion of Russian state assets. Given the news, we are re-releasing a members-only podcast with Philip Zelikow, a senior fellow at Stanford University's Hoover Institution, which was recorded and released on Dec. 19, 2023.  Aaron and Philip discussed the legal grounds to seize Russian assets held in Western banks, Moscow's potential retaliatory options, and whether a seizure would be escalatory.

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