Ukraine and the Russian invasion, Feb 2022 - tangentially related crap

[Silas Loom]

Man, 20, charged with conducting hostile activity in UK to benefit Russia

Four others also charged in connection with investigation, says Crown Prosecution Service

www.theguardian.com

Surely none of our posters are that young?

 

[yield]

The clash over whether to commandeer Russia’s frozen assets
FT. 03/05/24
Confiscating hundreds of billions of foreign reserves could transform Ukraine’s war. But the US and Europe disagree on how far to go

https://archive.ph/bPEMw

At the recent gathering of G20 finance ministers in Brazil, delegates were gripped by a deep sense of unease over a pressing issue: the potential seizure or use of Russian assets frozen under the western sanctions that followed its invasion of Ukraine.
Two ministers — Saudi Arabia’s Mohammed al-Jadaan and Indonesia’s Sri Mulyani Indrawati — were among those particularly alarmed by the idea. Were G7 countries seriously preparing to do this? And had they considered the full implications of such a drastic step?

Their questions to their western counterparts cut to the heart of a fraught debate over whether hundreds of billions of euros in frozen Russian central bank assets should be mobilised to help fund Ukraine as the conflict there drags into a third year.

 

[discokermit]

The clash over whether to commandeer Russia’s frozen assets
FT. 03/05/24
Confiscating hundreds of billions of foreign reserves could transform Ukraine’s war. But the US and Europe disagree on how far to go

https://archive.ph/bPEMw

this is another move that has the potential to backfire spectacularly.

 

[yield]

this is another move that has the potential to backfire spectacularly.

Absolutely. The liberal rules-based international order goes out the window. As you know, where are people and countries going to stash their nomad dollars if it ain't safe.

 

[Yossarian]

The EU's already planning to give Ukraine the interest from the seized Russian assets, which isn't a bad start

https://www.reuters.com/world/europe/eu-give-ukraine-3-bln-euros-profits-per-year-russia-assets-2024-03-20

 

[yield]

The EU's already planning to give Ukraine the interest from the seized Russian assets, which isn't a bad start

https://www.reuters.com/world/europe/eu-give-ukraine-3-bln-euros-profits-per-year-russia-assets-2024-03-20

That's the thing though Yossarian innit. I'm no more a fan of dictatorship or tyranny than you are. But is it the EU's to give? "Liberals" who don't want to liberal and that.

 

[yield]

The EU's already planning to give Ukraine the interest from the seized Russian assets, which isn't a bad start

https://www.reuters.com/world/europe/eu-give-ukraine-3-bln-euros-profits-per-year-russia-assets-2024-03-20

‘New ground is being broken’: EU seizes Russian profits for Ukraine

Ukraine wants to use $300bn in Russian central bank money held abroad to defeat it; Europe isn’t enthusiastic.

www.aljazeera.com

Ukraine wants to use the estimated 210 billion euros ($228bn) of Russian central bank money held in European institutions to defeat Russia on the battlefield. The EU froze those assets in February 2022, immediately after Russia invaded Ukraine. Another 50 billion euros ($54bn) are frozen around the world.

“If the world has $300bn, why not use it?” Ukrainian President Volodymyr Zelenskyy recently said.

After years of debate, the bloc decided on Tuesday to allow Ukraine to use just the interest earned by those accounts, which the EU believes would amount to about 2.5 to 3 billion euros ($2.7bn-$3.3bn) a year.

“This decision was the result of a lot of discussion and soul-searching,” an EU diplomatic source familiar with Ukrainian issues told Al Jazeera on condition of anonymity.

International legal experts agree it is a big step.

“There’s no precedent for the freezing of assets on this scale, and therefore the issue of what to do with the interest was never this acute,” Anton Moiseienko, a lecturer in international law at Australian National University, told Al Jazeera. “In this sense, new ground is being broken.”

 

[Rob Ray]

Analysis of secondary impacts of the war in Poland:

On the Recent Warmongering and Class War in Poland

An article by Laure Akai of the ZSP Warsaw Union.

libcom.org

 

[HAL9000]

more realistic assessment for the ukraine war, its worth listening these podcasts.

Ukraine Russia War Talk

The Ukraine-Russia War Podcast is a discussion of the most up to date and important strategic and geopolitical issues surrounding the war in Ukraine, with hosts Phillips O'Brien and Mykola Bielieskov.You are welcome to get in touch by email at ukr...

www.buzzsprout.com

The Ukraine-Russia War Podcast is a discussion of the most up to date and important strategic and geopolitical issues surrounding the war in Ukraine, with hosts Phillips O'Brien and Mykola Bielieskov.

Phillips O'Brien is a Professor of Strategic Studies at the University of St. Andrews

Mykola Bielieskov, Research Fellow at the National Institute for Strategic Studies (Ukraine) and Senior Analyst at 'Come Back Alive', Ukrainian charity which provides fighting equipment for Ukrainin soldiers .

I've listen to last 2 podcasts, I thought they made some good points.