https://sputnikglobe.com/20240312/giving-frozen-russian-assets-to-ukraine-would-break-the-global-financial-system-1117293295.html
Giving Frozen Russian Belongings To Ukraine Would ‘Break the International Monetary System’
Giving Frozen Russian Belongings To Ukraine Would ‘Break the International Monetary System’
Sputnik Worldwide
The USA will break the worldwide monetary system and primarily declare struggle on Russia if it sends frozen Russian belongings to Ukraine, journalist Dan Lazare informed Radio Sputnik on Tuesday.
2024-03-12T23:20+0000
2024-03-12T23:20+0000
2024-03-12T23:20+0000
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Giving Russia’s seized belongings to Ukraine would break the worldwide monetary system, journalist and creator Dan Lazare informed Sputnik’s The Essential Hour on Tuesday. He additionally warned that it might be the equal of the US declaring struggle on Russia.“It’s type of a declaration, it’s a widening of the struggle [and] it’s a declaration of struggle on Russia by the US,” he added later.Lazare reminded co-hosts Ted Rall and Angie Wong that final yr the Biden administration was “triumphant” about Ukraine’s accomplishments on the battlefield a yr in the past however that issues have since turned “sharply unfavorable.”“The Ukrainian forces are beginning to come aside. I feel the phrase crumble might be too sturdy a time period at this level, however they definitely are displaying the pressure,” he defined. “They’re working out of artillery shells, they’re working out of different armaments and Russia is making regular advances. So the query is now ‘how lengthy will this course of go on earlier than Ukraine cracks?’”Lazare mentioned that the scenario in Ukraine has US President Joe Biden “scared as hell” and that he has “no thought” learn how to get across the “roadblock” of Congress blocking additional monetary assist.“Meaning abandoning very shut allies,” Lazare mentioned. “Particularly given the very fact [that] the US actually prompted this struggle within the first place by backing a far-right-led navy coup again in 2014, which made a Russian navy response kind of inevitable.”
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frozen russian belongings, ukraine assist, standing of ukraine assist, dan lazare interview, dan lazare on ukraine
frozen russian belongings, ukraine assist, standing of ukraine assist, dan lazare interview, dan lazare on ukraine
Late final week, it was reported in US media that some high Republicans within the US Home of Representatives had been creating a plan that might mortgage Ukraine cash from the $300 billion in Russian belongings that had been frozen by the US following the beginning of the particular operation in Ukraine.
Giving Russia’s seized belongings to Ukraine would break the worldwide monetary system, journalist and creator Dan Lazare informed Sputnik’s The Essential Hour on Tuesday. He additionally warned that it might be the equal of the US declaring struggle on Russia.
“It’s a really harmful step,” Lazare warned. “It’s actually fairly wonderful that the entire system is simply working downhill at a remarkably rising pace… [seizing Russian assets] will spook Saudi Arabia and it’ll spook China. The entire world monetary system type of rests on a type of lawful sense of cooperation, however if you happen to break that you simply break the entire system.”
“It’s type of a declaration, it’s a widening of the struggle [and] it’s a declaration of struggle on Russia by the US,” he added later.
Lazare reminded co-hosts Ted Rall and Angie Wong that final yr the Biden administration was “triumphant” about Ukraine’s accomplishments on the battlefield a yr in the past however that issues have since turned “sharply unfavorable.”
Hungary’s Orban Says Trump Pledged To not Present Monetary Support to Ukraine
“The Ukrainian forces are beginning to come aside. I feel the phrase crumble might be too sturdy a time period at this level, however they definitely are displaying the pressure,” he defined. “They’re working out of artillery shells, they’re working out of different armaments and Russia is making regular advances. So the query is now ‘how lengthy will this course of go on earlier than Ukraine cracks?’”
Lazare mentioned that the scenario in Ukraine has US President Joe Biden “scared as hell” and that he has “no thought” learn how to get across the “roadblock” of Congress blocking additional monetary assist.
“It’s actually laborious to imagine that the US will enable Ukraine to sink beneath the waves, however that appears to be what’s occurring,” he added.
“Meaning abandoning very shut allies,” Lazare mentioned. “Particularly given the very fact [that] the US actually prompted this struggle within the first place by backing a far-right-led navy coup again in 2014, which made a Russian navy response kind of inevitable.”