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Russia - $300BN Frozen Russian Assets to back Bonds as USA & UK Propose Radical Approach - Joe Blogs
Following Russia's invasion of Ukraine around $300 Billion of Russian Cash reserves were FROZEN by Banks & Institutions in the West. For the pasr 2 years those Assets have remained frozen however the USA & the UK are now pushing for changes in international law to allow RUSSIA's FROZEN ASSETS to be used to back $50BN BONDS to Fund the defence of Ukraine. This concept is contrary to existing law and in this video I discuss the latest proposals, provide details of which countries are holding the assets, Russia's response to the threat of losing $300BN and discuss why it has taken 2 Years to reach these discussions.
Chapters:
0:00 Intro
3:12 FROZEN ASSETS
5:12 EU PROPOSAL
9:12 LEGAL IMPLICATIONS
12:06 USA & UK PROPOSALS
17:07 RUSSIAN RESPONSE
18:14 SUMMARY & CONCLUSION
24:20 WIN STILTMAN