300 Billion Dollars of Russian Assets Will Be Given to Ukraine! Putin's nightmare!
Following Russia's invasion of Ukraine, the impact of global sanctions against Russia is increasing. Meanwhile, the United States and its European partners are considering using nearly $300 billion in frozen Russian assets to rebuild Ukraine. US Secretary of State Antony Blinken said:
"In my view, these frozen assets, you broke them, you bought them. So the Russians broke them, they should pay for it. One way to do that would be to use these assets. There is a legal basis to do this and, as I said, because most of the assets are in Europe "Europeans need to be convinced that there is a basis for doing this."
Blinken set the amount of frozen assets at $300 billion. He pointed out that if Russia's invasion of Ukraine goes unpunished, this could be perceived as a signal encouraging aggression around the world. "This opens a Pandora's box of conflict. And in such a world, a world dominated by conflicts, aggression, this would not be good for anyone," he said.
Blinken has warned that he believes the United States will always be drawn into a conflict, which could come at much higher costs than supporting Ukraine. He also emphasized that there are 50 countries that support Ukraine.
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