3 weeks ago
- The U.S. House passed authorities allowing nan transportation of seized Russian assets to Ukraine, prompting Russia to see confiscating Western assets.
- Russian lawmaker Vyacheslav Volodin warned that this move could provoke nan EU to travel suit, perchance damaging nan European economy.
- Only $5 to $6 cardinal of Russian assets are successful nan U.S., while astir 210 cardinal euros are successful nan European Union.
Russia now has grounds to confiscate Western assets aft nan U.S. House of Representatives passed authorities that would let nan imaginable transportation of seized Russian assets to Ukraine, a apical Russian lawmaker said connected Monday.
"Washington has passed a rule connected nan confiscation of Russian assets successful bid to provoke nan EU to return nan aforesaid step, which will beryllium devastating for nan European economy," Vyacheslav Volodin, nan Duma speaker and adjacent state of President Vladimir Putin, said.
"Our state now has each logic to make symmetrical decisions successful narration to overseas assets," said Volodin.
BLINKEN RETURNS TO CHINA WITH WARNING OVER RUSSIAN MILITARY AID
Volodin said that of nan $280 cardinal of Russian assets stiff abroad, only $5 to $6 cardinal was successful nan United States.
Russian parliament speaker Vyacheslav Volodin attends a convention during a ballot for nan pension betterment measure astatine nan State Duma, nan little location of parliament, successful Moscow, Russia, connected Sept. 26, 2018. Russia now has grounds to confiscate Western assets aft nan U.S. House of Representatives passed authorities that would let nan imaginable transportation of seized Russian assets to Ukraine, Volodin said connected Monday. (REUTERS/Sergei Karpukhin/File Photo)
About $224 cardinal was successful nan European Union.
CLICK HERE TO GET THE FOX NEWS APP
The House passed nan "REPO Act" which would let nan management of U.S. President Joe Biden to confiscate billions of dollars’ worthy of Russian assets sitting successful U.S. banks and transportation them to Ukraine for reconstruction.
