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The European Union sends its first transfer of €1.5 billion (US$1.63 billion) in proceeds from frozen Russian assets to Ukraine for military and infrastructure support. The Kremlin denounces the transfer as "illegal" under international law and pledges legal retaliation.
2024-07-26

The International Court of Justice (ICJ) rules that the United States violated its 1955 friendship treaty with Iran when it allowed its domestic courts to freeze assets held by Iranian companies, but said that the ICJ does not have jurisdiction over the US$1.75 billion worth of frozen assets held by the Central Bank of Iran. Both countries claimed victory in the ruling.
2023-03-30

The pound sterling falls to its record lowest level against the U.S. dollar.
2022-09-26

The cryptocurrency market loses US$200 billion following stablecoin TerraUSD's collapse in value. Bitcoin and Ether fall to their lowest value in 16 and 11 months, respectively.
2022-05-12

During a meeting with Japanese foreign minister Toshimitsu Motegi in Tehran, Iranian president Ebrahim Raisi urged Japan to release $3 billion in Iranian assets frozen in Japan due to international sanctions against Iran.
2021-08-22

A scroll containing a handwritten poem by deceased Chinese Communist Party leader Mao Zedong, claimed to be worth around US$300 million, is recovered in Hong Kong after having been stolen on September 10. It was found cut in half, likely because its 2.8 m made it difficult to display.
2020-10-8

Vice Chancellor and Federal Finance Minister Olaf Scholz announces a plan to loan around €218 billion ($258bn) for a bailout to mitigate the impact of the country's recession caused by the pandemic, thereby suspending the debt brake.
2020-08-21

A sealed copy of the 1985 Nintendo Entertainment System game "Super Mario Bros." sells for US$114,000, a world record for a video game.
2020-07-11

South Korea announces it will be raising its US$217,000 cash reward for classified information from North Korea by defectors to $860,000.
2017-03-5

British bank HSBC agrees to sell its Brazilian banking business to Banco Bradesco for $5.2 billion.
2015-08-3