Ukraine to Receive $50 Billion from Frozen Russian Assets, Blinken Confirms
united24media.com
US Secretary of State Antony Blinken outlined NATO's commitment to Ukraine, announcing $50 billion in support drawn from frozen Russian assets.

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.

  • jagged_circle@feddit.nlEnglish
    33·
    6 days ago

    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?

      • jagged_circle@feddit.nlEnglish
        26·
        6 days ago

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

        • StraponStratos@lemmy.sdf.org
          8·
          5 days 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
          41·
          6 days ago

          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
            2·
            5 days ago

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

            /s