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siegecrossbow

General
Staff member
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BRUSSELS, February 9. /TASS/. The EU legal service has effectively confirmed that it has no clue about the whereabouts of 86% of frozen Russian central bank’s assets, Bloomberg reported on Thursday.

Of $258 billion that were seized, not more than $36.4 billion has been located, the report said, citing a document that has been prepared for EU leaders ahead of the recent summit attended by Ukrainian President Vladimir Zelensky.

In order to transfer the Russian assets to Ukraine, they should be found first, the legal service said. It recommended that the EU summit bind European banks to immediately provide all data on the frozen Russian assets to the European Commission.

Lawyers estimate that about $258 billion can be located based on the data that the Bank of Russia reported about its currency and gold reserves at the start of 2022. To date, EU countries have reported the whereabouts of $36.4 billion of the frozen assets of the Russian central bank, the news service said.


EU Sanctions Seek to Make Banks Divulge Frozen Russian Assets

The European Union is poised to force banks to report information on Russian Central Bank assets as part of the bloc’s latest sanctions package targeting Moscow for its war in Ukraine, according to draft proposals seen by Bloomberg.

Getting a handle on the scale of central bank and other sanctioned state-backed assets that have been immobilized in the EU is seen as a first step to exploring options to potentially using those funds to contribute to Ukraine’s reconstruction.

The European Commission, the bloc’s executive arm, also proposed strengthening the reporting obligations on frozen assets linked to sanctioned Russian companies and individuals, and suggested fines — of as much as €50,000 for individuals and 10% of annual turnover for entities — to be imposed for failure to provide the required information, the documents say.

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Filling politician pockets, and they’ve got deep pockets.
 

taxiya

Brigadier
Registered Member
America benefits from this war.
How so? If the US did not spend all that money on bullets and mortar shells for 20 years, it would not have been so far behind China in hyper-sonic weapons which BTW was first proposed by US itself. The US could have spent that money on its rusting railways that eventually lead to the mushroom cloud in Ohio. Or could have many shining "055" class of their own. The list can keep going.

Plus, Russia’s own money will be used to finance this war and rebuild Ukraine.
We know countries other than US chipped in some money, but you think the following figure is not paid by US itself?

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OCO-infographic-afghanistan-twitter.png

BTW, Russia will only rebuild the part of Ukraine under Russian control which is pretty intact. For those who fled the newly acquired regions (since 2022) to western Ukraine, they are going to be financed by the EU and US, their house will not be rebuilt by Russia but demolished. The land will be treated as virgin land for new immigrants from the east. These people will pay for their new house just like you pay for your own house.
 

AssassinsMace

Lieutenant General
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Remember when US politicians accused China of greenlighting Putin's war in Ukraine? Russia was the victim being forced to fight China's war in Ukraine. Now they're speaking out loud that China might provide Russia with lethal support. So how did they find out about this for West to all talk about this at the same time like it was orchestrated? No, this was planned but it was suppose to come out after Blinken went to China as they say to improve relations so then they say China ruined it after the US was playing nice.

I just saw Congressman Seth Moulton being interviewed on CNN replying to one of his colleagues charging that China's hypersonic glide vehicle was stolen from the US and he says how China steals US technology by tricking US companies into building a factory in China and then China builds a duplicate factory next to it making the same things. So US defense companies have factories in China?
 

Abominable

Major
Registered Member
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Remember when US politicians accused China of greenlighting Putin's war in Ukraine? Russia was the victim being forced to fight China's war in Ukraine. Now they're speaking out loud that China might provide Russia with lethal support. So how did they find out about this for West to all talk about this at the same time like it was orchestrated? No, this was planned but it was suppose to come out after Blinken went to China as they say to improve relations so then they say China ruined it after the US was playing nice.

I just saw Congressman Seth Moulton being interviewed on CNN replying to one of his colleagues charging that China's hypersonic glide vehicle was stolen from the US and he says how China steals US technology by tricking US companies into building a factory in China and then China builds a duplicate factory next to it making the same things. So US defense companies have factories in China?
How can China steal technology the Americans don't even have...

As for this recent episode of American hysteria over Chinese support of Russia, I wouldn't pay too much attention. They did the same at the start of the war. A few months ago it was Iran, and before that it was North Korea. The Brownian motion of Americans on who to blame for their failure is entertaining to watch.
 

supercat

Major
Remember when US politicians accused China of greenlighting Putin's war in Ukraine? Russia was the victim being forced to fight China's war in Ukraine. Now they're speaking out loud that China might provide Russia with lethal support. So how did they find out about this for West to all talk about this at the same time like it was orchestrated? No, this was planned but it was suppose to come out after Blinken went to China as they say to improve relations so then they say China ruined it after the US was playing nice.
The US is probably more worried about China's peace proposals that will be announced in the next few days, now Wang Yi is visiting Russia. Biden had to meet Zelensky personally to prevent him from accepting any peace proposals that may come up.

The NYT reporter probably has no idea that 3 Chinese chatbots are only a few months away. Also, China and US' AI R&D is engaged in a long-term competition, a few months ahead is only a temporary achievement.
 

siegecrossbow

General
Staff member
Super Moderator
How can China steal technology the Americans don't even have...

As for this recent episode of American hysteria over Chinese support of Russia, I wouldn't pay too much attention. They did the same at the start of the war. A few months ago it was Iran, and before that it was North Korea. The Brownian motion of Americans on who to blame for their failure is entertaining to watch.

Time traveling SeeSeePee checkmated!
 

solarz

Brigadier
The US is probably more worried about China's peace proposals that will be announced in the next few days, now Wang Yi is visiting Russia. Biden had to meet Zelensky personally to prevent him from accepting any peace proposals that may come up.

The NYT reporter probably has no idea that 3 Chinese chatbots are only a few months away. Also, China and US' AI R&D is engaged in a long-term competition, a few months ahead is only a temporary achievement.

This reminds me of 3D printing. Western countries declared it would make regular manufacturing obsolete, then proceeded to forget all about it a few years later. Meanwhile, China is using it to print jet engines.
 
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