PARIS – France’s government says it has frozen 33 properties on the French Riviera, Paris and elsewhere that belong to Russian oligarchs targeted for sanctions over the war in Ukraine.
The Finance Ministry this week published an updated list of Russian-owned properties that have been frozen in France, including a luxury chateau overlooking the Mediterranean on the Cap d’Antibes that reportedly belonged to sanctioned Russian billionaire Roman Abramovich.
Together, the 33 properties are estimated to be worth more than half a billion euros. Unlike property that is seized or confiscated, frozen properties still belong to their owners and they can continue living in them. But they cannot be sold or rented out.
The total value of Russian assets frozen or seized in France is now approaching 24 billion euros, with the bulk of that being nearly 23 billion euros in frozen financial assets for the Russian central bank. Aside from financial assets and properties, French authorities have also frozen or seized three yachts and four transport ships, and frozen six helicopters and three artworks.
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KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR:
– Ukrainian forces say they struck and seriously damaged Russian flagship
– UN says Ukraine war threatens to devastate many poor nations
– Ukraine’s detention of oligarch close to Putin angers Moscow
– Polish, Baltic presidents visit Ukraine in show of support
– Go to https://apnews.com/hub/russia-ukraine for more coverage
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OTHER DEVELOPMENTS:
LVIV, Ukraine — Russia’s Defense Ministry says the fire at the Moskva cruiser, the flagship of Russia’s Black Sea Fleet, has been contained. It says the vessel remains afloat and will be towed to the port.
The ministry said in a statement Thursday that there is no open fire at the ship anymore and explosions of the ammunitions have ceased. “The main missile weapons were not damaged,” the statement read.
Ukrainian officials claimed however that the ship has sunk, saying it’s a “resounding slap in the face” to Moscow’s forces. The conflicting accounts couldn’t be immediately reconciled.
Oleksiy Arestovych, adviser to Ukrainian president’s office, said in a Facebook post that 510 crew were onboard the Moskva cruiser as it sank in the Black Sea, following serious damage from a Ukrainian missile strike.
Military analyst Oleg Zhdanov said the damaging of the Moskva significantly raises the morale of Ukrainian forces on the eve of a new wave of Russian offensive in the Donbas.
In the early hours of Thursday, the Russian Defense Ministry said the ship sustained “serious damage” after its ammunition detonated “as the result of a fire.” The ministry did not ascribe the fire to a missile strike.
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LONDON – Ireland’s foreign minister is in Kyiv, the latest in a string of senior European politicians to make the trip to show support for Ukraine’s fight against Russian invasion.
The Irish government says Simon Coveney, who is also defense minister, is meeting Ukrainian Foreign Minister Dmytro Kuleba and Defence Minister Oleksii Reznikov.
Ireland has sent Ukraine 20 million euros ($22 million) in humanitarian aid and 33 million euros ($36 million) in non-lethal military assistance.
It is also a strong backer of Ukraine’s bid to join the European Union, and the government said Coveney would discuss how Ireland can “assist Ukraine in its application for EU candidate status.”
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BERLIN – German authorities say they have seized a massive superyacht in Hamburg after determining that it belongs to the sister of Russian oligarch Alisher Usmanov.
The Federal Criminal Police Office said Wednesday that, after “extensive investigations” and despite “offshore concealment,” it had been able to determine that the owner is Gulbakhor Ismailova, Usmanov’s sister.
Superyacht Dilbar was launched in 2016 at a reported cost of more than $648 million.
The German police office said German authorities worked in Brussels to ensure that European Union sanctions applied to the owner. It says the yacht can no longer be sold, rented, or loaded.
The United States and EU last month announced economic sanctions against Usmanov, a metals magnate, over his ties to Russian President Vladimir Putin and in retaliation for the invasion of Ukraine.
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PRAGUE – Three Czech lawmakers from Parliament’s upper house, the Senate, are visiting Kyiv together with their counterparts from Poland. Led by speaker Milos Vystrcil, they were invited by Ruslan Stefanchuk, chairman of Ukraine’s unicameral parliament Verkhovna Rada.
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UNITED NATIONS – A U.N. task force is warning in a new report that Russia’s war against Ukraine threatens to devastate the economies of many developing countries that are now facing even higher food and energy costs and increasingly difficult financial conditions.
U.N. Secretary-General Antonio Guterres launched the report Wednesday stressing that the war is “supercharging” a crisis in food, energy and finance in poorer countries that were already struggling to deal with the COVID-19 pandemic, climate change and a lack of access to adequate funding for their economic recovery.
Rebeca Grynspan, secretary-general of the U.N. agency promoting trade and development who coordinated the task force, said 107 countries have “severe exposure” to at least one dimension of the food, energy and finance crisis and 69 countries are severely exposed to all three and face “very difficult financial conditions with no fiscal space, and with no external financing to cushion the blow.”
The report urges countries to ensure a steady flow of food and energy through open markets, and it calls on international financial institutions to do everything possible to ensure more liquidity immediately.
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ODESA, Ukraine – In the Odesa region of Ukraine, Gov. Maksym Marchenko says forces have struck the Russian guided-missile cruiser Moskva with two missiles and caused “serious damage.”
Moskva is the flagship of Russia’s Black Sea Fleet.
The Russian Defense Ministry confirmed the ship was damaged Wednesday, but not that it was hit by Ukraine.
The Ministry says ammunition on board detonated as a result of a fire whose causes “were being established,” and the Moskva’s entire crew was evacuated. The cruiser typically has about 500 on board.
Odesa is Ukraine’s biggest port.
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KYIV, Ukraine – Ukrainian President Volodymyr Zelenskyy said he’s “sincerely thankful” to the U.S. for the new round of $800 million in military assistance.
In his daily late-night address to the nation, Zelenskyy also said he was thankful for Wednesday’s visit by the presidents of Poland, Estonia, Lithuania and Latvia.
He said those leaders “have helped us from the first day, those who did not hesitate to give us weapons, those who did not doubt whether to impose sanctions.”
In his telephone conversation with U.S. President Joe Biden, Zelenskyy said they discussed the new weapons shipment, even tougher sanctions against Russia and efforts to bring to justice those Russian soldiers who committed war crimes in Ukraine.
Zelenskyy also said work was continuing to clear tens of thousands of unexploded shells, mines and tripwires that were left behind in northern Ukraine by the retreating Russians.
He urged people returning to their homes in those towns to be wary of any unfamiliar object and report it to the police.