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Index/People/Christine Lagarde

Christine Lagarde

President of the European Central Bank

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Dec 3, 2025

What would be the geopolitical consequences if a large-scale confiscation of assets occurred globally?

A coordinated, large-scale global confiscation of assets—whether of a single state’s reserves or broad non-conviction-based seizures—would shock capital flows, invite legal and diplomatic retaliation,...

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