Financial Times: Russian court seizes assets worth €463mn from Italy’s UniCredit; i.e. Russia has declareda financial war. Time to seize the russian central bank gold?

by Electrical_Chart1499

16 comments
  1. This shows just how desperate things are now for russia. Keep the pressure on and their collapse is inevitable.

  2. Oh Russia, it aint looking good for you. Could this be the end for the big bad Russian bear?

  3. waittttt, so this ruskies are confiscating west assests and we, west dont do the same?? What is the precedent needed to apply the same to them???

  4. Seize every penny of russian assets and sell them. Fuck em.

  5. We really need to stop messing around with this criminal Russian government of arseholes.

    They’re pub-fighting with broken bottles and pool cues whilst we’re playing Queensbury Rules.

    We need to take the gloves off… and show them *exactly* what they’re up against.

    Putin’s disgusting mafia regime has a glass jaw…

  6. Jokes on UniCredit for operating inside Russia. Perhaps the EU can seize assets from UniCredit worth the same amount and donate them to Ukraine to even out the advantage to both sides.

  7. This is simply a continuation of the pattern we’ve seen so far where the West is simply afraid of its own power and equivocates, throws up ‘red lines’ in front of itself, argues with itself, jumps at its own shadow and continues to present a divided and weakened front.

    Meanwhile, Russia, Iran, China, NK, etc. while actually much weaker than the collective West, acts with the opposite strategy: they are never afraid of their power or afraid to use it to the full extent of their abilities, continuously expanding their tactics to exaggerate their potential beyond its real actual power and pushing to test the West on its resolve.

    There are so many examples but this is just the latest one. The others are the Islamic regime’s direct attack on Israel with US and others pressuring “restraint” towards Israel.

    Or the Houthis destroying several civilian ships, wreaking havoc on international shipping and the response? sporadic erosion of their ability and shooting down drones (vs destroying the Islamic regime targeting ship *MV Behshad* sitting in the Gulf of Aden or attacking the source of Houthis’ which are nothing other than a hollow proxy).

    Or how EU and Western country’s providing arms to Ukraine are deemed to be part of the conflict by Russia and legitimate targets but NK, China, Iran, etc. who are doing the same for Russia are not given the same designation by the West.

    Or how Ukraine is prevented from using Western weapons to target anything inside Russia proper and only within Ukrainian territory, leading to the ridiculous recent outcome where they had to just wait for Russians to mass across the NE border and only engage once they entered Ukraine.

    Or… the list goes on, it is a very long one….

  8. Seize all of russias assets and activate air defense systems. So sick of the nuclear threats, shit or get off the pot pootie.

  9. Bill Browder has laid out what we need to do. Seize Ruzzian money, pursue oligarch wealth that is held by them for Putin and sanction companies in China, India and Turkey that buy Ruzzian oil and sell it on as petrochemical products.

  10. At least I hope this russian decision will finally open the eyes of Salvini (who openly mocked the italian economist Mario Monti in addition to president Macron when they both said there could be a need to send NATO troops in Ukraine in the future) as well as other pro-Putin politicians here in Italy quite a bit…and this is not even the first time, recently it’s becoming clear Russia wants to start with the italian banks in particular in order to wage a financial war against the european union…

  11. Great! I hope they will seize also Reifesenbank. These 2 bankz deserve it for refusing to leave ruzzia.

  12. It’s a paper war. It’s not like Russia can sell these assets to foreign investors and receive €463mn cash. The profits UniCredit made likely could not be withdrawn from Russia either.

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