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Britain Has Frozen £18B in Russian Assets

  • #Russia
  • #Ukraine
  • #World
  • #United Kingdom
story
NOV 2022
Image copyright: Reuters
story last updated NOV 2022

The Spin

Pro-establishment narrative

While Western sanctions have been effective and should be lauded, they so far have been on capital goods that take longer to impact the Russian economy. Western allies need to ensure that they're all simultaneously imposing restrictions on narrowly defined, war-specific goods that will cripple Putin's war effort exponentially more.

Project Syndicate

Establishment-critical narrative

It's hypocritical to impose sanctions on Russia for invading Ukraine but not on the US for invading Iraq for equally unjustified reasons or on Israel for invading and annexing Arab lands. The West needs to take a hard look at its double standards.

Al Jazeera

Articles on this story

Biden administration identifies 50 Russian elites as targets for global hunt to seize assets
Washington PostJUL 2022
U.S. Treasury Will Pay Tipsters Who Help Lead to Seizure of Russian Assets
NewsweekJUL 2022