Treasury Secretary Janet Yellen is offering her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine’s long-term reconstruction.
Right so the argument is that back at the start of the invasion, Russia had not done a lot of damage (monetarily speaking) but now it has done so much damage that the frozen assets don’t even pay the whole bill, so taking it is akin to taking the assets of someone with a lot of debt.
I guess it kinda makes sense. Still think they should’ve taken it right at the start though. This war shouldn’t have gone on for so long like this.
International law I reckon.
Really? Any lawyers or something can verify?
Surely if international law applied back then, then it still does? What has changed?
Laws do change actually and thats a good thing.
Because international law isn’t a real thing, not in any sense that makes it similar to the internal laws of a state.
https://news.yahoo.com/bloomberg-seizure-frozen-russian-assets-213419107.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAI1Z-UZoBSU8Cq8YLNbrYmg5BLPdG_n3g4OfNsZ8lZgrAJ0pu9V0pwj0I1giomMCBvMnUysgyjum8-lqAx24uHwkhzXYfgZDdg42j1vku_rSqSr_jJmxCWnJNIkHaT8vsZqgkoi5bnAljqXnZiiftwJdo7Ia9fkx3dFqwj5Vfadt
Right so the argument is that back at the start of the invasion, Russia had not done a lot of damage (monetarily speaking) but now it has done so much damage that the frozen assets don’t even pay the whole bill, so taking it is akin to taking the assets of someone with a lot of debt.
I guess it kinda makes sense. Still think they should’ve taken it right at the start though. This war shouldn’t have gone on for so long like this.