this post was submitted on 06 Dec 2024
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Ukraine to Receive $50 Billion from Frozen Russian Assets, Blinken Confirms (united24media.com)
submitted 1 year ago by BruceAlrighty@lemmy.nz to c/world@quokk.au
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In the coming weeks, Ukraine will receive $50 billion from frozen Russian assets held in the United States and the European Union, US Secretary of State Antony Blinken announced on December 4.

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[–] jagged_circle@feddit.nl 0 points 1 year ago* (last edited 1 year ago) (1 children)

Wtf. Since when does "frozen" mean they can move it but not you?

Ive had my bank account frozen before, does that mean they could steal it? Frozen seems to suggest it can't be moved.

Edit: article doesn't say anything about how they're gonna pay back the $50 billion after the war. Is the idea to just wait for inflation?

[–] StraponStratos@lemmy.sdf.org 8 points 1 year ago (1 children)

They’re not going to pay it back.

The money is rightfully confiscated from them.

[–] jagged_circle@feddit.nl -4 points 1 year ago (2 children)

It says frozen, not confiscated. Frozen means it can't be confiscated. Because it's frozen.

[–] StraponStratos@lemmy.sdf.org 8 points 1 year ago

Yes it’s frozen so Russia can’t take it out. And now those frozen funds have been confiscated to give to Ukraine.

This isn’t rocket science.

[–] ArcaneSlime@lemmy.dbzer0.com 3 points 1 year ago* (last edited 1 year ago) (1 children)

I hate to be the one to shatter your innocence, but they're the government and can 100% take it if they want to, and they can push you down in the sandbox too.

[–] refalo@programming.dev 1 points 1 year ago

They're European, they don't understand concepts like free speech, asset forfeiture or flexible job titles.

/s