marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
frozen assets
06/28/2024
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By Kevin Hughes
EU hastens DE-DOLLARIZATION by stealing Russian money and giving it to Ukraine
The European Union will send 1.4 billion euros ($1.5 billion) from the frozen assets of the Central Bank of Russia to the European Peace Facility (EPF) to meet Ukraine’s military requirements – a move that will accelerate de-dollarization. Josep Borrell, EU high representative for foreign affairs and security policy, declared on June 24 that the […]
06/24/2024
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By Ethan Huff
This is how Russia can get its stolen money back while leaving the financial West to collapse all on its own
Strategic Intelligence editor Jim Rickards told Steve Bannon of “War Room” this week that Russia has an easy and obvious solution to the West’s attempted theft of Russian assets: put a lien on $40 trillion at the Euroclear custodian, which will lead to financial chaos. Western power brokers have schemed up a clever but deceptive […]
05/28/2024
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By Richard Brown
G7 inching closer to final resolution on seizing frozen Russian assets to aid Ukraine
Finance officials from the Group of Seven (G7) wealthy democracies have announced progress on a proposal by the United States to generate more funds for Ukraine using Russian assets frozen in their respective countries. “We are making progress in our discussions on potential avenues to bring forward the extraordinary profits stemming from immobilized Russian sovereign […]
05/14/2024
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By Cassie B.
Putin authorizes Russian company to take over German chemical company BASF subsidiary
Russian President Vladimir Putin has granted a domestic manufacturer of paints permission to acquire BASF Vostok, a subsidiary of the German chemical giant BASF, following their withdrawal from the country in response to the Ukraine conflict. The domestic enterprise, Lakra Sintez, can buy out 100 percent of BASF Vostok shares thanks to a presidential decree […]
05/02/2024
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By Richard Brown
Russian central bank governor: Western seizure of frozen assets won’t affect Russia’s financial stability
Central Bank of Russia Gov. Elvira Nabiullina in a statement assured people that Russia would remain financially stable even if the United States and its allies were to seize its frozen assets overseas. The U.S. and its allies have frozen approximately $300 billion worth of assets belonging to the Russian central bank as part of […]
04/25/2024
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By Richard Brown
Switzerland confirms it holds $14.3 billion in FROZEN Russian assets
Switzerland has disclosed that it currently holds an estimated 13 billion Swiss francs ($14.3 billion) in Russian assets, frozen within its financial institutions. These assets are divided evenly between state-owned holdings and those belonging to private individuals, as revealed by the national agency responsible for overseeing sanctions. While the value of Russia’s state assets remains […]
03/04/2024
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By News Editors
Schizophrenic world order: The West is willing to destroy its financial system to punish Russia
US Treasury Secretary Janet Yellen has become the latest to add her voice to the growing chorus of Western officials calling for the seizure of Russia’s $300 billion in frozen foreign-exchange reserves for the benefit of Ukraine. This comes after UK Prime Minister Rishi Sunak penned an op-ed over the weekend in which he called […]
01/02/2024
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By Richard Brown
Russia vows to respond in kind if West seizes its frozen assets
Kremlin spokesperson Dmitry Peskov has warned that Russia would retaliate in kind if Western nations proceeded with the potential confiscation of its assets. The remarks, made during a press briefing, come at a time of heightened tensions between Russia and the West, with economic sanctions being a focal point of contention. Peskov asserted that Russian […]
12/26/2023
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By Ethan Huff
Tether freezes $435M USDT for U.S. DOJ, FBI & Secret Service
The world’s largest “stablecoin” issue is cozying up to the Deep State in an attempt to “expand dollar hegemony.” Tether CEO Paolo Ardoino froze 326 wallets containing $435 million worth of Tether (USDT) for United States authorities including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI) and the Secret Service, all in […]
12/22/2023
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By Richard Brown
U.S., Europe explore possibility of seizing frozen Russian assets and giving them to Ukraine as American funding dries up
The administration of President Joe Biden is actively exploring the possibility of seizing over $300 billion worth of Russian Central Bank assets currently held in the Western world to bolster Ukraine’s war effort. This bold initiative comes at a critical juncture as Ukraine faces waning financial support from its biggest contributor, the United States. Secretary […]
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