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CBS Eye on the World. I'm John Bachelor. Ukraine conflict. Sanctions visited upon the Russian Federation and there is an enormous pile of money outside

of Russia, the assets of the Russian Central Bank before the conflict. That money collects interest and it awaits

disposition, perhaps the end of the war, perhaps negotiation. But repeatedly

over these last weeks and over the year and a half since the beginning of the war.

The word confiscation comes up.

And I read now from a summary in these last hours.

Bloomberg's editorial board writes that the failure of the U.S. and

Europe to approve additional aid has left Ukraine

perilously low on weaponry, ammunition, and manpower. With Russian leader

Vladimir Putin showing no signs of relenting.

Western governments are openly considering another option,

seizing frozen Russian state assets

and giving the proceeds to Ukraine.

I welcome Michael Berenstam of the Hoover Institution, my guide on the Ukraine conflict and the

Russian sanctions.

Michael, this would appear to be the abatement. the Ukraine conflict and the Russian sanctions.

...