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I missed this one. It appears the RF is trying to set up reciprocal foreign asset seizures ahead of expected formal seizure of RF assets in the US. Here’s a very short article in Xinhua.
This actually looks like an attempt at de-escalation to me. The seizure of foreign property is an act of war, and the Putin administration seems to be looking for a way to appease RF entities holding those frozen assets in the US without a war declaration, should those assets be subject to formal seizure by the US. Am I reading this correctly?
Apple pie without cheese is like a kiss without a squeeze