Frozen Assets

Russia’s friends beg EU to leave frozen assets alone – From China to Saudi Arabia, countries want the EU to reject pressure to confiscate over €200 billion of Russian assets to help Ukraine’s reconstruction efforts

Russia’s friends are begging the EU to leave frozen assets alone, but I say, screw them. Why should authoritarian countries like China and Saudi Arabia have a say in whether or not the EU should seize over €200 billion of Russian assets to aid in Ukraine’s reconstruction efforts? These countries that are providing material support to Russia don’t deserve a voice in this matter. It’s ironic how Russia has no qualms seizing assets from private companies but throws a fit when the same is done to them for invading a sovereign nation.

The focus should not be on worrying about setting a precedent or legal ramifications; rather, the main concern should be holding Russia accountable for their actions.… Continue reading

John Q. Hosedrinker Apr 6, 2024