Anonymous ID: 167c94 July 9, 2024, 3:07 p.m. No.21169139   🗄️.is đź”—kun   >>9328

>>21169077

 

'Veiled Threat' - Saudis Warned G-7 Against Russian Asset Seizure Plan

 

https://www.zerohedge.com/geopolitical/veiled-threat-saudis-warned-g-7-against-russian-asset-seizure-plan

 

As a reminder, we noted in May the European Union approved a US-backed plan to use seized Russian assets to generate profits which will in turn help arm Ukraine. 

 

Associated Press reports that "The 27-nation EU is holding around 210 billion euros ($225 billion) in Russian central bank assets, most of it frozen in Belgium, in retaliation for Moscow’s war against Ukraine. It estimates that the interest on that money could provide around 3 billion euros ($3.3 billion) each year." A first tranche of funds could be available as early as July.