Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Araghchi: Iran adopted a constructive approach in its engagement to ensure the European Union and the E3 fully honored their commitments and lifted all sanctions.
Araghchi: After a year of Iran’s full compliance with the agreement, it began implementing gradual, proportionate, and reversible compensatory steps in accordance with its recognized rights under the deal.
Araghchi: Iran demonstrated the utmost restraint in the face of repeated and fundamental violations and made extensive efforts to restore balance and preserve the agreement.
In his letter, Araghchi stated: The E3 failed to fulfill their obligations and instead imposed additional illegal sanctions on Iranian individuals and institutions.
Araghchi: These coercive measures constituted a grave violation of international law and the UN Charter, causing severe disruption in the implementation of the agreement.
Araghchi: Washington initially refrained from fulfilling its commitments, then withdrew from the agreement, reimposed its illegal and unilateral sanctions, and even expanded them.
Araghchi: UN Security Council Resolution 2231 has expired and fully ceased to be in effect as of today, in accordance with its explicit provisions.
Iranian Foreign Ministry: Reimposing sanctions on Iran is illegal
Occupied Palestine: Israeli occupation forces raid homes during a raid on the village of Al-Burj, south of al-Khalil
Hamas spokesperson Hazem Qassem: The movement remains committed to implementing the ceasefire agreement through the handover of another Israeli captive’s body earlier this evening

Switzerland unfreezes $6.33 bln of Russian assets

  • By Al Mayadeen English
  • Source: Agencies
  • 14 May 2022 14:31
2 Min Read

The Swiss government confirms that Russian assets worth $6.33 billion are still frozen as a result of sanctions imposed on Russia.

  • x
  • Erwin Bollinger of the State Secretariat for Economic Affairs (SECO). (Keystone)
    Erwin Bollinger of the State Secretariat for Economic Affairs (SECO). (Keystone)

The head of the Bilateral Economic Relations Division at the State Secretariat for Economic Affairs (SECO), Erwin Bollinger, told reporters in Bern, on Thursday, that the current total of frozen assets now stands at $6.33 billion.

It is worth mentioning that this number shows a decrease from $1.4 billion in funds the government reported frozen on April 7.

Despite the fact that an additional $2.2 billion was blocked, $3.9 billion was released after being frozen on a precautionary basis.

Related News

Pro-Palestine rallies take over Europe despite Gaza ceasefire

Swiss Gaza aid flotilla activists decry 'inhumane detention’

Furthermore, Swiss banks and asset managers can temporarily freeze funds, but they must be released if it is not possible to prove that the assets are directly owned or controlled by a sanctioned individual.

SECO reported that 11 properties in Switzerland have been blocked so far. It stated that it had received reports from 72 banks, companies, and local governments, but did not name any of the banks or entities.

The estimate comes as Switzerland is under increasing pressure from the US and its allies to do more to quickly identify and freeze the assets of hundreds of sanctioned Russians.

Swiss banks hold up to $213 billion in Russian wealth, with its two largest lenders, UBS and Credit Suisse, each holding tens of billions of francs for wealthy Russian clients, according to Switzerland's bank lobby.

Read More: Switzerland's economy unstable after Russian sanctions

  • Switzerland
  • Russia
  • swiss government
  • Russian assets
  • US
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
drop site

New report details extensive Israeli arson in Gaza after ceasefire

  • Politics
  • 13 Oct 2025
Illustration of fists breaking shackles, representing the liberation of Palestinian detainees from Israeli prisons. (Illustrated by: AL Mayadeen English/Batoul Chamas)

4 prominent Palestinian detainees to be freed: Who are they?

  • Palestine
  • 13 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Residents remove debris from a house damaged by Wednesday's two drone strikes, in Kabul, Afghanistan, Thursday, Oct. 16, 2025 (AP)
Politics

Afghanistan-Pakistan negotiations to begin in Doha: Exclusive

Palestine Action wins court fight to challenge UK terror ban
Politics

Palestine Action wins court fight to challenge UK 'terror' ban

John Bolton surrenders after classified documents indictment
Politics

John Bolton turns himself in after classified documents indictment

GSF, GMTG slams EU over complicity in Gaza genocide
Politics

GSF, GMTG slam EU over complicity in crimes against Palestinians

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS