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The one big story. Making sense of the news with our BBC experts around the world

The one big story. Making sense of the news with our experts around the world. Insights you can trust, Monday to Friday, from the BBC. With Katya Adler.

The one big story. Making sense of the news with our experts around the world. Insights you can trust, Monday to Friday, from the BBC.  Episodes will be ready by 10:30 GMT.

Host Katya Adler and our BBC teams guide you through one major global news story each episode.

From Beijing to Boston, Baghdad to Bangalore, our unrivalled reach will take you beyond the headlines to help understand and explore what’s happening.

The Global News Podcast brings you the latest updates and, on The Global Story, we will drill deep into a single story.

From the climate emergency, to the burning questions around Artificial Intelligence, to the movements of money and markets, and the power of the ballot and the bullet.

Katya Adler has been a BBC correspondent and editor for more than 25 years, covering conflicts in the Middle East, political and economic crises in Europe, and drug cartels in Mexico. 

The Global Story team would like to hear your stories and experiences on the issues that we’re covering on the podcast. Please get in touch: theglobalstory@bbc.com #TheGlobalStory and tell us your thoughts on what you would like us to talk about.

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The Global Story: Russia’s frozen assets: Will they fund Ukrainian weapons?

02/05/2024 GMT

Russia’s frozen assets: Will they fund Ukrainian weapons?

BBC World Service - The Global Story, Russia’s frozen assets: Will they fund Ukrainian weapons?

Kyiv’s western allies are contemplating the seizure of up to $300bn

Kyiv’s western allies are contemplating the seizure of up to $300bn.

When President Putin ordered Russia’s full-scale invasion of Ukraine in February 2022, Kyiv’s western allies assembled unprecedented sanctions packages to target the Kremlin’s access to international funds. That included freezing an estimated $300bn of central bank assets, the majority of which are held in Europe. As domestic enthusiasm for Ukrainian aid has dimmed in some western nations, the question about how to use these frozen funds has risen rapidly up the international agenda.

On today’s episode, Katya is joined by Ben Chu, BBC Newsnight’s Economics Editor, and Tom Keatinge, from the Centre for Finance and Security at the RUSI think tank. They discuss whether new US legislation could pressure European leaders to make a decision on the fate of the frozen assets, and consider the risk of retaliation by Russia.

The Global Story brings you trusted insights from BBC journalists worldwide. We’re keen to hear from you, wherever you are in the world. We want your ideas, stories and experiences to help us understand and tell The Global Story. Email us at theglobalstory@bbc.com You can also message us or leave a voice note via WhatsApp on +44 330 123 9480. #TheGlobalStory.

The Global Story is part of the BBC News Podcasts family. The team that makes The Global Story also makes several other podcasts, such as Americast and Ukrainecast, which cover US news and the war in Ukraine. If you enjoy The Global Story, then we think that you will enjoy some of our other podcasts too. To find them, simply search on your favourite podcast app.

This episode was made by Laurie Kalus, Alix Pickles and Neal Razzell. The technical producers were Hannah Montgomery and Matt Hewitt. The assistant editor is Sergi Forcada Freixas and the senior news editor is Sam Bonham.

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