Western assets in Russia: Kremlin threatens fiscal retaliation

preview_player
Показать описание
Russia's RIA state news agency says the West stands to lose assets worth at least 288 billion dollars, if frozen Russian assets are confiscated.

After Moscow invaded Ukraine, the US and its allies blocked around 300 billion dollars’ worth of assets.
Now some western powers have floated the idea of using confiscated holdings to rebuild Ukraine once the war has finally ended.
But Russia reaffirmed on Sunday that counter-measures could follow what it calls "western thievery".

According to the RIA, the top investors in the Russian economy include Cyprus, with more than 98 billion dollars, the Netherlands with 50 billion and the UK with nearly 19 billion.
It also reports that Germany has 17 billion dollars invested, France 16 billion dollars and Italy almost 13 billion.

Frances Coppola is an Economist and Bank Commentator.

#Russia #UkraineWar #Moscow #RIA #VladimirPutin #RussiaEconomy
Рекомендации по теме
Комментарии
Author

These European countries need to gain their independence from the US

fred_
Author

Why not ? ‘You take mine and ill take yours’ it quite a simple resolution!

NothingButDaTruthh
Author

West were just yapping and forgetting they too have assets in Russia 😅😅😅😅

dansituma
Author

Russia does not threaten. They tell you what Russia will do.

jetjtmc
Author

Who will pay the damages done in Iraq, Syria, Afghanistan, Libya, double standards

xolanimngcwabeothandaabazi
Author

China has learned a great deal from this one so it has sold lots of the U.S. treasury bonds and is now determined to use its own currency of swap with the other major currencies directly instead of relying on US dollars! Bravo! Farewell to the hegemony of the U.S. dollars!

criticalthinking
Author

Do it Russia. I wouldn't have even announced it.

PositionM
Author

Lesson to learn: Invest money in your country only, in the west if invested will be stolen.

zatoichison
Author

Instead of arming Ukraine and Israel, EU/UK/US tax payer money should be spent on infrastructure, healthcare and education.

PerceivedREALITY
Author

Then Russia will just annex whatever city that was rebuilt with their money 😂

Issavibe
Author

And what about the western countries with the war they created in SYRIA, AFGHANISTAN, IRAQ, LIBYA Why wasn’t their Assets confiscated to build those countries they created wars??

adriankenyan
Author

The Russians are always 10 moves ahead on this chess board. Hilarious .

charlesachilefu
Author

Will USA and eu do similar to rebuild gaza or their assets need to be frozen and given to rebuilding of gaza .

blitz
Author

Stealing Russian assets harms the U.S. alot more as the rest of the world is watching what they're doing to Russia and will now stop investing in the dollor through fear of theirs being stolen, this will inevitably cause the dollor to collaps. The U.S. is continuously isololating themselves more and more untill eventually they're bankrupt. They're living on borrowed money as it is, so it's just a matter of time.

googleuser
Author

This is a sudden realisation to the WH.
How can one expects US to win any war? 😂😂😂

mythbusterthe
Author

This stealing is going to not end well.

harveycamacho
Author

Why is this even news ?? What about Iraq, Syria etc?? Rebuild them

luchadb
Author

Last year, the EU approved 12 sanction packages against Russia and the Russian economy grew 3%. Meanwhile, the German economy is in "tatters". The EU sanctioned itself.

PerceivedREALITY
Author

Europe needs to part ways with such authoritarianism and look for better alternatives.

sinn
Author

If west allies were blocked the investements & savings
Then Russia block & use those also

innocentmupenzi