|
Re: Russia has invaded Ukraine
Follow the money…
From the Telegraph…
https://www.telegraph.co.uk/world-ne...plan-analysis/
https://archive.ph/QWCB0
Quote:
14. What happens to frozen Russian assets
Favours Russia, and the United States
Frozen funds will be used as follows:
$100 billion in frozen Russian assets will be invested in US-led efforts to rebuild and invest in Ukraine.
The US will receive 50 per cent of the profits from this venture. Europe will add $100 billion to increase the amount of investment available for Ukraine’s reconstruction. Frozen European funds will be unfrozen.
The remainder of the frozen Russian funds will be invested in a separate US-Russian investment vehicle that will implement joint projects in specific areas.
This fund will be aimed at strengthening relations and increasing common interests to create a strong incentive not to return to conflict.
The most novel element of the plan – and among the most controversial. As things stand, Europe is on the verge of seizing 140 billion euros of frozen Russian assets and using them to support Ukraine for the coming years. Only Belgium of the 27 member states is a hold-out, at this stage, and it was expected to relent in the coming months.
But here, Trump puts his hand right in the pie. Much of the frozen funds, it envisions, will be spent not on Ukrainian defence but on US-led reconstruction efforts – from which Washington will profit. Given that Russia is likely to lose the funds on the current trajectory, the ability to “invest” them with the US – and presumably recoup some profit – becomes a preferable alternative.
Any European move to seize the funds will now be painted as undermining Trump’s peace plan. If this deal ends the war, Ukraine can celebrate the fact that Russian money is being spent on its reconstruction. If it does not, the provision seriously complicates Europe’s next steps in raising funds for its ally.
|
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
Last edited by Hugh; Today at 10:39.
|