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World

Biden seeks powers to use Russian oligarchs’ assets for Ukraine

Ukraine Russia Joe Biden White House World Bank

US President Joe Biden is requesting new measures to repurpose seized Russian oligarchs' assets to aid Ukraine [File: Evelyn Hockstein/Reuters]

United States President Joe Biden is requesting from Congress new powers to seize and repurpose Russian oligarchs’ assets.

The request is part of a larger funding proposal for aid for Ukraine as it continues to try to repel Russia’s invasion launched on February 24.

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