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Russia Seizes More Western Assets after Collapse of Russian LNG Deal - Russia Ukraine War - Joe Blogs
In response to the seizure of $300 Billion of Russian assets Russia has seized businesses and assets owned by the West valued at over $107 Billion. In a latest development President Putin has issued another Decree this time in response to the Collapse of a Russian LNG Deal. Linde, a German that designs and constructs LNG Facilities signed a deal to build a facility in Russia in 2021. Linde walked away from the project following Russia's invasion of Ukraine and Russia has now seized Linde's assets along with those of 2 German banks. In a separate matter Russia has also seized assets of another German business and an Italian business. In this video I provide more details and discuss the implications for the Russian Economy.
Chapters:
0:00 Intro
3:38 GAZPROM LNG DEAL
6:01 LINDE ASSET SEIZURE
6:37 BANK ASSET SEIZURE
9:48 RUSSIAN LNG
13:46 ARISTON, BOSCH & SIEMENS
17:54 SUMMARY & CONCLUSION