G7 leaders have still not reached a consensus on a deal to use profits from Russian assets to help Ukraine, AFP reported on June 7. Ukraine’s Western partners and other allies froze around $300 billion in Russian assets at the start of the full-scale invasion in 2022. Roughly two-thirds are held in the Belgium-based financial services company Euroclear. While the U.S. proposed seizing Russian assets outright in accordance with their recently passed REPO act, the EU has been more hesitant, fearing legal and fiscal pitfalls of confiscation. Instead, Brussels seeks to use windfall profits generat…