Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,922 posts)
Wed Jun 29, 2022, 11:58 AM Jun 2022

Russia warns West: Don't take your assets in our country for granted

MOSCOW (Reuters) - Russia hinted on Wednesday that it had not dropped the idea of seizing Western-owned assets and businesses in the country, as a top official sharply criticised governments that have hit Moscow with sanctions.

In a combative media briefing, Foreign Ministry spokesperson Maria Zakharova warned that Russia was prepared to "act accordingly" if the West decided to use Russia's frozen state assets - chief among them being around $300 billion of central bank foreign currency reserves.

The use of the funds "will be interpreted by us as an unlawful and defiantly unfriendly attack, giving us the right to take retaliatory actions to protect our interests," she said on Wednesday.

Top Western officials, including European Union foreign policy chief Josep Borrell, have suggested seizing the frozen reserves to help fund Ukraine's reconstruction after the war.

https://www.msn.com/en-us/news/world/russia-warns-west-don-t-take-your-assets-in-our-country-for-granted/ar-AAZ040L

What else do you expect from a kleptocracy?

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Russia warns West: Don't take your assets in our country for granted (Original Post) Yo_Mama_Been_Loggin Jun 2022 OP
Sounds Desperate Me. Jun 2022 #1
They've already done that...so what are you going to seize? PortTack Jun 2022 #2
Dropped the idea? They seized hundreds of airplanes they leased Alhena Jun 2022 #3
They probably have more in foreign banks edhopper Jun 2022 #4
Russia: Don't expect any more investment from the West after Putin's adventure is over. Midnight Writer Jun 2022 #5
K&R, Sanctions are hitting Rus private sector HARDER than expected. Look at YT videos of Russian ... uponit7771 Jun 2022 #6
Wow. Didn't everybody leave already? librechik Jun 2022 #7

Midnight Writer

(21,745 posts)
5. Russia: Don't expect any more investment from the West after Putin's adventure is over.
Wed Jun 29, 2022, 03:11 PM
Jun 2022

Anyone that entrusts their money to Russia deserves to get ripped off, on the basis of stupidity alone.

uponit7771

(90,335 posts)
6. K&R, Sanctions are hitting Rus private sector HARDER than expected. Look at YT videos of Russian ...
Wed Jun 29, 2022, 03:13 PM
Jun 2022

... malls and construction and logistics just falling apart.

Putrid thought he could take Ukr on the cheap and the west would just sit and watch and bitch and do nothing in return.

He was wrong

librechik

(30,674 posts)
7. Wow. Didn't everybody leave already?
Wed Jun 29, 2022, 03:15 PM
Jun 2022

Fuck the ones that didn't.

Is the Russian Market worth the headache? Doubt it.

Latest Discussions»General Discussion»Russia warns West: Don't ...