Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,934
25%  
Woo hoo!! And now only $126 to reach 26%!! Thank you all very much!! God bless.

Keyword: westernassets

Brevity: Headers | « Text »
  • Russia prepares to seize Western assets

    07/27/2015 11:33:32 AM PDT · by Olog-hai · 13 replies
    EurActiv ^ | 24 Jul 2015 13:36 | updated: 08:47 | (EurActiv with agencies, by Georgi Gotev)
    The Russian government has approved a draft bill that would allow it to seize foreign state assets, without warning. The move is seen as a tit-for-tat gesture, following Western court cases involving Russian firms. According to the new draft bill, Russia will be able to seize foreign state assets from countries which infringe on Russia’s jurisdictional immunity, according to the Russian press. The Ministry of Justice said the new law is meant to bring parity to the existing "jurisdictional imbalance" between Russia and other countries. In other words, Russia will now seize the state assets of other countries in proportion...