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.
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#Russia #UkraineWar #Moscow #RIA #VladimirPutin #RussiaEconomy
If the West can seize Russian assets, then Russia must reserve the right to seize Western assets. That is fair.
Russians should ask themselves why this money is abroad especially in places like cyprus greek side , the place is literally a hub for international criminals , gambling , drugs , human trafficking , money laundering , wtf , and the country is divided , the EU broke their own rules by giving them membership , it shows how corrupt the EU system itself is , but back to my Message , even if Russia i mean oligarchs would get this money back which was bunkered there for the thieves of Russia , the Ordinary Russian will not see a single penny of it .
The other European countries are paying Russia with “Book money” so it’s noticed somewhere in a computer maybe like an account for the Kreml after the Oil and Gas exports , it’s a promise they gave no physical money was ever involved , but the focus should be on cyprus , do you think Cyprus bought this much oil and Gas more than countries such as Germany , France or UK combined ? it’s blood money stolen from the Russian citizens , cyprus has become an international hub for the criminals of the world , so if i was russian i wouldn’t care less if Russia get’s this money back or not , but the Point is if you give this money to Ukraine during war times it will ruin the credibility of the EU, putin will leave the kreml anyway in a couple of years , Europe will get a break maybe 10 years after the regime change , on the other hand Russia has destroyed the Eastern part of Ukraine 288 billion dollars could be given to Ukraine after the war .
Basically Russia will lose nothing but the west will lose trust around the world and their investments in Russia and still Ukraine will lose the war
Thank you Russia
It about high time the Arab and African Countries pull their money and divest out of the criminal looters of NATO. The Arabian Peninsula is home to nearly 20 sovereign wealth funds (SWFs) that manage around $3.7 trillion—about a third of global state fund assets and add the African Funds and the West will be bankrupted. Arab-African-Muslim Nations should wake up before the West fleece their money.
What would Western leaders ezpext ? Russia wouldn’t take messures against sanctions ?
They froze Russian assets , Russia froze their assets .Even steven .
Europe still living under USA colonial 😅😅😅
Russia has $300bn assets in eu
Same amount $300bn EU asset in Russia
😅😅
Very good step of Russia to freeze and later on confiscate $288 billion of US and allies assets in Russia in retaliation to $300 billion of Russian assets frozen by US and allies.
In the end Russia will win economically as well. The Donbass areas in Ukraine have resources worth over 13 trillion dollars compared to 300 billion dollars stolen by the western countries .😂😂😂😂😂
You need to understand those investments from the West already lost! Don’t be naive! Putin and his gang not legitimate and they are doing whatever they want!
All the more reason to not invest in Russia.
Nice way of reporting Al Jazeera. Russia threatening but western countries politely freezing Russian assets
Why not the West takes something that is not their! Ua is no NATO. And will US pay for what they Distroyed. Oops Forgotten USA paid for Germany that is why it is still hosted by them🤷♂️
yeah!! take that money!!!!
Military coercion didn’t work so now, the West attempts thievery. We all know, once a thief always a thief.
Europe needs to part ways with such authoritarianism and look for better alternatives.
They’re already looking for alternatives like buying Russian oil through India at a premium price level.
When you face the consequences of your actions from both sides tbh.
The Russians are always 10 moves ahead on this chess board. Hilarious .
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!
What a nonsense.. don’t be naïve…I think you have a trauma.. that’s clear.
Russia already stole assets by most western states – companies, oil rigs, airplanes. So..this now is just a toothless dog barking 🙃
so after looting middle east of oil, Africa of resources, south asia for minerals. now they want to stole russia money? these wh*£e skins are thieves in modern history. 😂😂
this is why BRICS+ grows larger and larger… goodluck pathetic west…
Not only the Russians got the collective West businesses worth $288 billions now they have their Tanks, Javelin 148, NLAW and Stinger technology for a very low cheap price of $12 Billions.
How on earth is Cyprus investing so much lol? This has to be dirty/laundered money.
… theyve already stolen property & businesses , so it’s nothing new here
Russia has western assets????😂
I cannot believe the west hasnt done this already. Its so incredibly pathetic. The west has no spine.
This does not make sense, Cyprus total GDP is 29.2 billion, but it will contribute 98 billion. Is an error or the law of mathematics cease to exist.
The fact that she cant even lie about it, other means it can have a serious impact on the slave masters (US)
What goes around comes around.. this proves our beloved earth is round😂
Sorry flat earthersss
Europe is just a corrupt dead end
All of the Oligarchs money and that includes Ukrainian Oligarchs just Ukrainian Oligarchs have over 300 billion dollars offshored in western banks so altogether 690 billion dollars have to be confiscated for the reconstruction of Ukraine. Putin himself has money hidden in Switzerland totalling 60 billion and he is using his relatives to offshore his money. If the EU made all of the money worthless for each Oligarch this war would end today , the reason why the war is carrying on its big business for defence companies and other industy .
Russia is more powerful than have been thought.
Fun Fact: In this ladies previous career she directed The Godfather
It is ONLY FAIR that Russia Recoups what was Stolen from them..
A big lesson for ya all !
what the fluff ..talk about spineless….the russians only threaten fiscal retaliation ….putin is such a wimp….it is time russia gets a real president that has real balls like dmetri Medvedev…
Cara baru mencuri aset negara lain
These European country’s are SO far up America’s A R S E it really seems like their foreign policy is America’s policy
Well, even Steven!
❤
It Backfires them back
Why cant Russia do it. If you can do it Russia can also it
AljaHAMAS telling lies as per usual
হিসাব বরাবর 😂😂😂
The West always thinks it is smarter than everyone. To steal another nations money is wrong. Has America and its allies paid reparations to Libya?, as they are seizing Russias assets?. Then you call yourselfs not enemies of the Russian people?
Every day we the west loose sight of its values and become the hypocrites we always were.
Colonial west shows their true color as thieves ans looters. They still eager to do what their ancestors did.
Is like every step taken by the West draws more severe unintended consequences. This is just one of them. Why can’t the West pause and think.
so no guts from the US EU ?
Fallout would be lovely to see
So unfair that Russia would payback in the same way, how dare they!!??
Everyone expected this and have already written off those assets. Russia continues to finish last.
Eye for an eye.. what does the west expect 😂😂😂😂😂
$250 billion?!? That’s it?!? That’s only 9% of US GDP. 😂😂😂
laughing from a country that invented Tent city
It’s even less compared to the US’ debt)))
Don’t the EU and the west think first before threatening some actions?
Go ahead Russia
Are any business dumb enough to still be in Russia ?
Business never stopped. You can check how much Europe still trades with Russia. Even that idiot Macron never stopped doing business in Russia. The only reason he’s blabbing against Russia now is because Russia kicked France out of Africa.
The same reason why Russia haven’t get the money out of the Western countries is the same reason why those are the countries cannot get the money out
We’ll make it look like we have the power to force other peoples assets, but other people don’t have the power to force our assets that is Ludacris
Vladimir Putin’s body doubles are like fnaf. There’s a guy in there.
Do it west has frozen Russian assets😂
What ever went wrong hey russian people have suffered greatly poverty lack of money etc when they did or some made it rich where did they spend their money ?here of course they invested here and Europe so the intentions was good but we ruined it by poking our nose into Ukraine
❤🇷🇺♥️🇷🇺♥️🇷🇺♥️🇷🇺♥️🇷🇺♥️
You telling me I can never visit a McDonalds in Russia?! …Okay.
Western Companies ya r invested more than USD700Billion over the last 20-25 years… all those companies Balance Sheet’s Assest gonna get wiped out 😂😂😂😂
This stupid leaders don’t they think about us
I pity Cyprus the smallest yet with highest invested, how I wish that 90B was UK’s
The US government is actually using the name of the continent. We are US citizens and citizens of the United States. Everyone in North America, Central America, South America, the Americas and the American continent is an American like Asia are Asians, Africa are Africans and Europe are Europeans. What happened first? The United States of America or the American continent? The United States of America became a nation on the date of July 4th of 1776 and the whole entire continent was already named America after Amerigo Vespucci in the year 1507 that was 269 years difference way before the United States of America became a nation. Europe has 50 countries, Asia has 51 countries, Africa has 54 countries, Oceania has 14 countries and America is not a country America is a continent of 35 countries in total. Why are people not educated about America? …………The reason why people come here to the United States from all over the world is because the US government goes to their countries and controls and manipulates their governments. The US government and its allies aka puppets invade small countries 10 or more against 1 small country not even bigger than Texas. Both the Democrats and the Republicans are the same snake with two evil heads. The US government is a two face and the number 1 terrorist in the world. The US government invades, kills, destroys, divides, controls, manipulates and steals resources from small countries. ………….Homelessness is a choice of life. Life is beautiful but no one said life is easy. Many people have too many excuses in life, more excuses than the exits of freeway 101 located in California. Many people are looking for work praying to God not to find a job. People just want handouts. The more money you give them the more they want. Whoever wants an easy life in life will always have issues, struggle and drama in life but whoever makes a sacrifice in a good way in life will make a benefit in life..
Seizing property has broken many laws and especially trust globally. The west better thinks twice before really blowing up international property rights lawbook. It is a dangerous legal precedent, of which the consequences are unfathomable. Even the use of the proceeds ofassets is a huge mistake. The west cannot without the rest of the world. Isolation equals self destruction.
Two can play the same game, in fact, Russia can play it better within BRICS.
The World needs to move away from weaponisation of the financial system, especially the US dollars.
This is the problem with the western thinking, the playing field is level in the world now and not because they were there before doesn’t mean everyone has to stoop to them.
Assets belong to those who own them! It doesn’t matter what excuses you bring up to take them away, it’s THEFT!!! It’s like saying, I’m not giving you your money because….. The moment you say, “Russian assets” it means they are Russian.
Lmao russia have already frozen those assets bu the fact that they dont allow cpuntries to withdraw their funda
This clearly reveals the “hidden principality “, or government that unified the east and the west.
The “Unbreakable bond” of FINANCIERS!
This “war” is always about their struggles, their “infighting”.. the deals they make between each other are formulated so each receives a profit/sum.
Our lives are simply valued for their profit…..
Your a +, or a —….(plus or minus) in a global market economy.
You HAVE NO FREEDOM . You are a number… and a man. (Social security number)
As cattle… is the prey.
You need to rise up.. and grow up.
Respect for Russia
🔯🔯🔯
There were a lot of braindead westerners claiming Russia was a more reliable partner than Turkey, we all saw how true that is..
As a Russian I can tell about financial transformation in our country. After ‘crazy ninties’ (the West call this time democracy but it was an anarchy) the whole economy was destroyed and divided between oligarchs via different schemes offered by our ‘western partners’ (IMF and other western advisors helping to maintain ‘democracy’). After Putin was elected as a president he stopped taking loans from IMF, started to pay out soviet and Eltsin’s debts and taking key industries under state control. But still before sanctions a lot of mining companies were registered in western countries (Cyprus, UK, Netherlands and others) and almost all revenues and taxes went to these countries instead of Russia budget. So there always was a fight between Putin and oligarchs. Sanctions let Putin to change the situation. Since 2022 a lot of companies have changed their registration.
For example,
🔹’Yandex’ (our key browser, delivery, taxi service) from Netherlands to Russia (one part stayed in Netherlands);
🔹’Sakhalin-2′ from Bermudas to Russia (that doubled the budget of Yuzhno-Sakhalinsk city);
🔹’VK’ (our key social network) from British Virgin Islands to Russia;
🔹’Polymetal’ was registered in Jersey island UK, now this company is divided into two parts where one is registered in Kazakhstan and another sold to Russian company ‘Mangazeya’;
🔹’Global ports’ from Cyprus to Russia
and so on and on and on.
Russia is getting its freedom from western ‘democracy’ (neocolonialism) right now. Good luck to our African friends, they are getting their resources back to their budgets, too.
The West had undertaken its first Crusade against Russia in 1240-1242 and was defeated. Then they tried to do it in 1612, 1812 and 1941 and were defeated. Hopefully, this Crusade will be the last for them.
These western really do behave like a 1 year baby
This interviewer is a shameless western imperialists’ agent. He doesn’t even bother with the utter illegality of what the western warmongers have done. It’s against international law and norms to freeze Russian assets, let alone confiscate it. How many illegal wars have the imperialists waged since the end of World War 2?
Countries need to seriously think about deweponising the US dollar.
So officially US has no investments there right? Or at least not enough to be on this list. But tiny island of Cyprus has almost 90B? Yeaaaah, seems like some great power is using Cyprus as satellite to hide their own investment. I wonder who that is with all of those McDonalds, starbucks etc xD
This is just stupid they already did and no one cares . That lady couldn’t even name any companies
Hahaha…
“Lended bread should be given back!” as we say.
This is detrimental to the creditability of the west as financial institutions
After the US coup in 2014 and the Ukrainians slaughtering unarmed Russian speaking Ukrainians of all ages living in the Donbas areas ( like what has been occurring in Palestine for past 76 years) and after the US arrogant A/Hs threatened to seize Russian assets – Russia very naturally threatened to seize US assets. Does US have any assets other than $34 trillion DEBT? Have they returned the Africans Gold back to Africa. When was the last audit of Gold reserves in US. Many moons ago. Is there any gold left in US.
Its funny to me….that we did that to there citizens but in good faith russia didnt sieze american civilians assets?
So basically the u.s stole Russias money. The u.s has no low
The US froze Russian money, so Russia can play the same game 😂😂😂😂
Western nations are just criminals im broad day light
I am surprised Russia hasn’t frozen Western asset yet. They have been patient.
well why not? Go Russia.
In other words Russia is running out of money to finance the war.
Yes i agree russia has a right to defend itself
Russia is very intelligent and smarter than those idiots
Не существует никакого преступления, никакой жестокости, никакой мерзости, которую может вообразить человеческий разум, но которую русские не совершили, не совершают и не совершят, если Путину и его преступным сторонникам будет позволено продолжать…
When Iraqi Libya Vietnam Syria Afghan Serbia were destroyed no one froze any western money -Ukraina is no different from above mentioned It is not nice that USA and Putin do revenge on each other Western media now see what’s wrong on both side African after finally got free asking for their gold to be return not just their stolen articraft –