Seizure of Frozen Assets , Could Sever Diplomatic Ties , Between Russia and the US.<br />'Newsweek' reports that diplomatic relations<br />between the United States and Russia <br />could be headed toward a major escalation. .<br />'Newsweek' reports that diplomatic relations<br />between the United States and Russia <br />could be headed toward a major escalation. .<br />According to a senior Russian diplomat, the confiscation <br />of frozen Russian assets could sever diplomatic <br />relations between Washington and Moscow.<br />According to a senior Russian diplomat, the confiscation <br />of frozen Russian assets could sever diplomatic <br />relations between Washington and Moscow.<br />Sergei Ryabkov, Russia's deputy foreign <br />minister, made the remarks in an interview <br />with Russian state-run news agency Interfax.<br />Sergei Ryabkov, Russia's deputy foreign <br />minister, made the remarks in an interview <br />with Russian state-run news agency Interfax.<br />As for the trigger for a possible <br />round of confrontation with <br />the potential for a breakdown <br />in relations, the trigger could <br />be confiscation of assets, <br />further escalation of military <br />escalation, and much more. , Sergei Ryabkov, Russia's deputy <br />foreign minister, via 'Newsweek'.<br />As for the trigger for a possible <br />round of confrontation with <br />the potential for a breakdown <br />in relations, the trigger could <br />be confiscation of assets, <br />further escalation of military <br />escalation, and much more. , Sergei Ryabkov, Russia's deputy <br />foreign minister, via 'Newsweek'.<br />Ryabkov's remarks came after reports that <br />the Biden administration is considering the seizure <br />of over $300 billion in Russian central bank assets. .<br />According to those reports, <br />the confiscated funds would then be <br />handed over to aid Ukraine in its war effort.<br />'Newsweek' reports that relations between the U.S. <br />and Russia have become increasingly strained <br />since the invasion of Ukraine in February of last year.<br />I wouldn't go into negative forecasts <br />here. I'm just saying all this so that there <br />is a clear understanding—we are ready <br />for any scenarios, and the United States <br />should not have the illusion, if it exists, <br />that Russia, as they say, holds on to <br />diplomatic relations with this state <br />[the United States] with both hands. , Sergei Ryabkov, Russia's deputy <br />foreign minister, via 'Newsweek'.<br />According to a December 20 'New York Times' report, <br />the Biden administration, along with other G7 nations, <br />is exploring options for using the frozen Russian assets. .<br />According to a December 20 'New York Times' report, <br />the Biden administration, along with other G7 nations, <br />is exploring options for using the frozen Russian assets. .<br />'Newsweek' points out that U.S. Treasury Secretary <br />Janet Yellen previously stated that the seizure <br />of those assets would not be , "something that is legally<br />permissible in the United States."