Can the US Legally Seize Russian Assets? Should It?
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Congress’s aid package encourages the president to seize frozen Russian
reserves to support Ukraine. But the legality and desirability are both
questionable.
2012-01-27
Euro breaks out, shorts sell the rally
I expected to see some short covering, but speculators have increased their positions against the euro. The news has been consistently negative during the euro rally, but speculators are staying pat (or were as of Tuesday, but had they covered in large numbers the rally would have been intense). The market is headed into very volatile territory.
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