December 16, 2023
- By RFE/RL
Group of Seven member states have intensified efforts to agree on funneling some of the $300 billion in “immobilized” Russian central bank and other sovereign assets to Ukraine just as massive U.S. and EU support proposals have run into resistance, the Financial Times reports. Such assets could fund Ukraine’s defense and eventual reconstruction and encourage an end to the 21-month-old full-scale Russian invasion, some officials suggest. “G7 members and other specially affected states could seize Russian sovereign assets as a countermeasure to induce Russia to end its aggression,” the Financial Times quoted a U.S. discussion paper circulated in G7 committees as saying.
This is one of the most urgent of a whole range of concerns that demand fast attention.
Get this money immediately to the victim of the foul putinaZi Holocaust. Ukraine desperately needs every penny to win the war and maintain security afterwards.
There is right now a terrible threat of a kremlin asset getting in the WH.
Central Bank warns Russian economy running on borrowed time:
https://en.thebell.io/nabiullina-hikes-rates-to-16/?utm_source=The+Bell+%28Eng%29&utm_campaign=feddc8913f-EMAIL_CAMPAIGN_2018_06_01_10_28_COPY_01&utm_medium=email&utm_term=0_cc8c2d1cde-feddc8913f-73219709&fbclid=IwAR2TAWlNGCGFerJje_nBu2W4jwm4b4wH-4NKZmM3s1GRknMIALJ-z9Xnckc_aem_ATAsH4JYsUdImYu8rmlGp7IFAL3aOsHsc6m4gxx1WjCHs58q3eoJIMapIkWJ8M9ICdA
I am very pleased that the EU (and the US) is working on this issue. Ukraine needs lots of funds for defense and for rebuilding, and using the aggressor’s assets for this is the ONLY right thing to do.