G7 holds almost US$300 billion of Russian assets, promises not to unfreeze them until Ukraine’s recovery

by tedwja

5 comments
  1. $300 billion sounds like a fair deposit on all outstanding & ongoing reparations.

  2. I’m not a banking expert but isn’t there a way they could make this money work for UA?

    Like when you put it on a savings account and earn interest?

  3. “Michael is fighting aggressive cancer which actively worsen his health, but the hospital has promised to use the best medicine only when he will beat cancer.”

    ​

    If this money had been transferred in mid-2022, the war would have already been over, and almost no money would have been needed for any “recovery.” And most important – so many human lives would be saved, the value of which is immeasurable.

    As far as I know, the United States supplied Ukraine with artillery, tanks, helicopters, MLRS, air defense, heavy equipment, and the rest of armored vehicles on 3.7 billions, the rest (altogether 20+18 billions for direct and delayed arms supplies) is ammunition, infantry weapon, radar station and so on.

    300 billions – 81 times more than US-supplied “heavy equipment.” Or 14 times more than all US deliveries that already been made (about 22 billion by this day).

    Which would allow Ukraine to buy a significant part of the new equipment that was sent to other NATO countries in 2022-2023.

    Although there are limitations in existing Western stockpiles and ammunition production capabilities, Ukraine could do so many things with 300 billions: buy attack helicopters and combat training aircraft, buy out almost all Western civilian drones, buy machine tools for production of weapons, buy Latin American and Asian stocks, even invest billions of dollars in bribing Russian officers.

    Money is the best weapon…

  4. They should release them to Ukraine so they can buy F35s off of us.

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