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Bloomberg: Jersey court freezes more than $7 billion of assets linked to Abramovich.

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The police of Jersey, an English Channel tax haven, have raided the assets of Russian oligarch Roman Abramovich, who was sanctioned by the EU and the U.K. in March, Bloomberg reported on April 13.

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The European Union is preparing possible retaliation against the United States, including up to 93 billion euros ($101 billion) in tariffs or restrictions on U.S. companies operating in the bloc, amid escalating tensions with U.S. President Donald Trump over Greenland, the Financial Times reported Jan. 18.

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