Can Russian assets be seized to rebuild Ukraine?
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- čas přidán 22. 05. 2024
- There is no end in sight to the human cost and economic toll from Russia’s invasion of Ukraine.
The World Bank and the European Commission have estimated that the total cost of reconstruction of Ukraine has surpassed $400 billion. Other institutions have gone as far as predicting a $1 trillion bill.
The European Union is looking at how to use frozen Russian assets in the region to help pay for the rebuilding of Ukraine. Anders Ahnlid, a Swedish official chairing these discussions, told CNBC there are many steps before money can be transferred to Kyiv, but they are working to do that as soon as possible.
“We know that there is more than 200 billion euros in Russian central bank’s assets in European countries. And in addition to that, there is also around 20 billion euros of private frozen assets,” Ahnlid said.
Even though the conflict is ongoing, which complicates the rebuilding efforts, Ukraine hopes to attract international support from other governments and private investors.
Ukraine President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate investment in rebuilding the country. At least two international conferences have also been organized to increase contributions to Ukraine, including $57 billion dollars pledged by the EU and the U.K. In addition, Ukraine has also signed a deal with JPMorgan to help support the rebuilding efforts.
Watch the video above to find out how Kyiv plans to rebuild the country.
#CNBC #Russia #Ukraine #RussiaUkraineWar #War #Recovery
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There should be a law to protect EVERYONE in this world.
I am a Malaysian…..can you take all my assets because you hate my government?
Can my government seize all the American companies assets just because they don’t like America ?
There is something called ….DIFFERENT ENTITY.
Duh…..
Then Malaysia can confiscate assets from US, UK and European goverments to give it to Musolim countries like Iraq or Libiya or even to re-built Palestine, given that the US cover Israel war crimes too..
You are absolutely right! Bro
SPOT ON!
WHAT WILL HAPPEN TO THE RUSSIAN CENTRAL BANK'S MONEY CONFISCATED?
Will they be returned when the Ukraine War is over n peace time ensued.
@@thomasctteo6868if ukraine surrenders then europe will have to give it to RUSSIA to stop taking more land but if the war goes on forever then i dont think so russia will get the money back but russia aint thinking of that money anymore...they have made lot of money from oil and gas sale during the war...
I’m sure that BlackRock and Goldman Sachs will get it all sorted out. 🤦♂️
Yes.. with Deloitte "audit".. It would be awesome money laundry machine.
Zelensky solded 40% of ukraine to Blackrock
@@serdgeedgerunnerIt already is an awesome laundring machine. Why do you think they've sent 200+ billion dollars and an additional 25 billion dollars right before elections? 😂 Campaigning in elections are expensive you know
American money should be used to rebuild Iraq and Afghanistan.
American money should be used to pay rebuilding of the gas pipe line.
The problem wil be that Middle East countries like Iraq, Libiya, Afghanistan, Vietnam and others victims of US and Uk agression wars in the past could confiscate US and Western assets in the same way as compensation of their US unpaid war debts.
Actually the main problem in Iraq and Afghanistan was that companies were allowed to run unchecked and they embezzled most of the funds for the rebuilding or didn't allow domestic companies as they saw them as competition. This meant that rather than help build up a thriving economy they actively sabotaged this so that they could keep receiving "reconstruction" money for as long as possible.
We have to avoid this problem with Ukraine. If we use our own companies to rebuild Ukraine there is a big problem of conflict of interest. Those companies would want to keep the Ukrainian economy down for as long as possible cause once the Ukrainian economy can fend for itself they will stop receiving funds.
@@MrMarinus18now who will rebuild Ukraine when all men are being sent to the meat grinder?
They litterly did pay for reconstruction for does countries
Perhaps the worldwide assets of Coca Cola can be seized for contributing to the worlds diabetes crisis.
How iraq is different from ukraine ?
If I had to guess Proximity to Western Europe and its strategic importance for it, Higher education levels, higher level of industrialization, history of functional financial system...
Many points. Political system/legal security for Investors is probably the biggest one in this regard.
Unlike Ukraine, Iraq was a dictatorship and Iraqis were quiet happy with US taking down the corrupt regime, and a small percentage of Iraq's infrastructure was destroyed by Americans, despite that fact, US has spent over $100 billion on reconstruction of Iraq.
People are willing to move to Ukraine to aid in rebuilding. Iraq, not so much
Wow, how many people don't even realise how n@zi -like it sounds, like it's okay to invade and rob some countries, and they even justify it. Say, tomorrow someone will consider you guys, justifying the War in Iraq , useless people and come up with all sorts of justifications. How does it sound?
Start with energy and food infrastructure and the rest will follow
Why would they start rebuilding before the war is over?
That's what brought me thinking
Some of the things cannot wait - like electrical infrastructure targeted during this winter. Google Kyiv blackouts and you will see how it was. We have no other choice. People need to live somewhere. If the part of the destroyed home wouldn't be fixed soon it could ruin the rest of the structure.
And so on
Seeing which US companies profited in Europe while the Marshall Plan was in place is VERY interesting. Especially since some of them still exist today. Shout out to ChatGPT and risk-adjusted portfolios.
To build it Ukraine needs to get it back first 😅
It’s sad to see those kind of news channels.
Why should they? It takes two to Tango. Both sides need to come together and drop this proxy war.
Russia already started rebuilding Ukraine(but that parts are Russia now)... any more questions?
Clear))
😂😂😂 like 3 blocks in Mariupol =only for show for naive - get real- Donbas mostly destroyed.
@@bogdanmeleszczenko1271 40% of Mariupol has already been rebuilt, new houses, schools, hospitals.
@@bogdanmeleszczenko1271 You still believe the MSM that lies to you again and again? Russia has 4 regions in their control now, about 20% of Ukraine. if this war continues as the west wants it to, Ukraine will probably lose even Odessa.
Who would put money in Europe & US, if they could do this to a country?
How much was taken by corrupt Ukranian officials & Military personnel even before Zelensky took office?
Wow seized word have the same meaning as rob
What about Afghanistan, Irak, Syria, Libya and Vietnam? Did ther US pay compensation?
Seizing Russian assets ? I thought that was already done ?
Larry Fink, apparently.
Instead spending money on war they should spend it on helping people and reconstruction
Instead of Invading Ukraine, if Russia spends money on its people and welfare, just imagine 😂.. troll your comments is not gonna change the course of western support to Ukraine😂
@@MohimanReang-hz4zv so everyone who is thinking differently is bot? And where is democracy and free speech ?
Question is will they make more baybies or grow old and fade?
Currently their population decline with record speed.. Would it be possible to revert? Not likely..
Can US assets be seized to compensate for the hundreds and thousands of war crimes committed in Iraq? Can EU's assets be seized for destroying Africa most successful country, Libya?
very much correct
Gee that's only one dozen Mega yachts and the other guards have plenty of those. Putin has to an Abramovic has four
Let’s raise the debt ceiling and send them all the money to rebuild.
Go rebuild Iraq!
Unlike Ukraine, Iraq was a dictatorship and Iraqis were quiet happy with US taking down the corrupt regime, and a small percentage of Iraq's infrastructure was destroyed by Americans, despite that fact, US has spent over $100 billion on reconstruction of Iraq.
@@JigilJigilIraqis where happy? Who told you? They got cheated by usa. Usa offered them democratic govt, but now there is a govt that is puppet of usa
@@JigilJigil "Small percentage"
@@JigilJigil bush made saddam look like an agel and zelesky is a us puppet
@@JigilJigil Justification of war crimes. Russians does that to, they say they are justified because NATO threatens them. Hundreds of thousands of Iraqis shouldn't have to die because the US doesn't like that it's government and hundreds of thousands of Ukrainians shouldn't have to die because Russia considers NATO their enemy. Both the US and Russia have war crimes in the ICC and both can't be bothered to join the ICC and use their veto in the UN to escape justice.
Can American assets be seized to rebuild Iraq ?
It’s illegal and criminal
this is robbing!!!
!!!!!!!
Ne.
This topic is like STUDENTS are planning for vacations when the university has just started😁
Every day the infrastructure of ukraine is destroyed...where are you going to build first and how do u make sure that wont be missiled to rubble?😁
china will cut the siliguri corridor... i speak hindi and tamil...........
The war only profiting industry,
Afghanistan usd 2 trillion..just from US expenses alone, not yet afghan..
So ukraine lost will not be covered by confiscating Russia asset.
Especially west allies persevere to escalate..
Germany, Japan, and South Korea were rebuilt after devastating wars and became major world economies. The blueprint already exists.
Ukraine is not Germany, Italy or Japan. Corruption is deep rooted in Eastern Europe.
Germany and Japan were already industrialized before the war. They just rebuilt their economies using their prior-knowledge and skill.
As for South Korea, Japan spent a lot of money and effort on Korean education system, healthcare, governance, legal system, and infrastructure...duplicating everything that worked in Japan. And the Korean elite were mostly educated in Japan, so they already had the necessary tools and skills.
Ukraine was one of the poorest countries in Europe before the war. Unlike the Baltic nations, it's one of the post-Soviet countries that struggled in the transition to a market-economy and democracy. Corruption and income inequality was a problem...which is really strange because Ukraine used to be one of the more developed regions during the Soviet period.
@@yo2trader539 Ukraine is a failed state.
@yo2trader thanks for the info.Any links with details that you might provide that would be helpful to third world societies particularly in Africa?
Yeah that is if we follow it. The US let companies run wild in Iraq and Afghanistan and they completely failed. Many think the US didn't spend money to rebuild Iraq and this is false. The US spend tens of billions but it was all embezzled by US companies.
The biggest thing we have to make sure is that the money to rebuild Ukraine is not swallowed up by parasitic companies. We need to use Ukrainian construction companies wherever possible even if they aren't the ideal ones, we need to give money directly to the poor of Ukraine and we also need an economic plan and empower the government to execute it.
These 3 things were the main reason most argue are why the rebuilding of Germany was a success and the rebuilding of Iraq was not. The use of domestic companies to boost the domestic workforce and economy, the giving of money to the poor to create more social stability and increase consumption power and the empowering of the central government to create a smooth running economy for the country and stop companies from sabotaging their rivals to gain more funds.
If there isn't a Ukrainian company that can do what we want then we need to set up a Ukrainian state company to do the job. Maybe we can privatize it later but we should absolutely avoid trying to use a western company. Ukraine must rebuild itself and we are only there to give it the tools and resources to do so.
Should European and American assets be seized to rebuild Africa?
Ivan africans have mostly Africa destroyed their own countries
Yes i agree, let's do it we seize their assets after ww3 end
Wow so many russian bots here
Hi, warshington bot))
Oh, hi kievan bot
China can help to rebuilt
Не Обязана, т.к. ваша Япония поддержала Украину))😂
Thanks for presenting such an important information to public.
Ukraine will need a further support, but we will pay back to everyone in one or another way.
We appreciate your help, people!
This war was the started by Ukraine, US, EU nations (nato) If the Minsk Agreement had been adhered too, there wouldn’t have been a war. If any countries should pay to rebuild, it should be those governments not Russia.
Nice joke 😂
@@dotibrown4024Why was there a war in the Donbass in the first place? ->🇷🇺 If Russia wasn't involved, there wouldn't be a problem. Russia should have gotten out of territory that isn't theirs.
@@dotibrown4024stop blaming non Russian parties for Russian caused problems.
War mongers
The degradation of traditional values exacerbates population decline. Europe foolishly believe to solve the problem by exporting people from the countries where traditional values are still in place. If Europe and Ukraine wants to survive, they should support ultraconservative communities to provide constant population flow, this solution works in Israel.
lmao, Ukraine is not a fascist state like Russia and Israel.
Israel does not keep Western values in high regard anymore.Putin's Russia is also very conservative. If Ukraine wants to be a conservative country ,they may choose to be a protectorate of Russia.
Yeah,your hyperconservative communities in Japan and South Korea they are doing great for the constant population flow,its not about conservatism vs liberalism,its about urbanization,so if your idea is to get population back on track get ready to be dirt poor farmers,so either accept the population decline and adjust to it or bite your xenophobia and learn to put up with foreigners
Unfortunately there is a big problem which is that corporations have managed to infiltrate the European conservative movement. Family values and community are not really compatible with the production of obedient worker drones and a consumption culture.
In Israel this corruption of conservatism by big money just didn't happen.
Many European conservative parties are hated not for their conservative values but because they argue for unchecked capitalism. Many conservatives see unchecked capitalism and consumption culture as the biggest threat to old values and traditional European culture. So there kind of is a problem for many social conservatists.
The relentless march of Americans and their subservient NATO footmen toward Russian borders is to blame.
Therefore, it is obvious that the American-led NATO must pay for Ukraine's reparations.
As simple as that!
Ukrain will take more than a hundred years to pay for this bill.
Thanks Americans and their subservient European footman Ukraine is being reduced to a pile of rubble!
American corporations better be rebuilding and making all the money off of this, I mean at least we can benefit somehow from wasting our taxpayer money on them.
After your taxpayer money was laundered trough Ukraine to your military industrial complex, you wish that more of your taxpayer money is again laundered trough Ukraine to your Blackrocks and other US oligarchs? Such a smart cookie you are.
So using some of your 600 billion annually spending on an allied country is a waste of money?
600 billion military spending
@@adrianbuck8772 Yeah if the war doesn't have an end date. America's not a charity to help other countries. It's a country just like every other country and we have our own people to take care of and that we have a responsibility to take care of.
@@jmhorange Americas dont seem to understrand anymore how geopolitics work and why they have their gigantic military in the first place.
If your main focus is your own people why do you spend an huge junk of money on military instead of stuff like infrastructure, education, health care?
Either you keep the prioritys the same and act according to it if the Situation fits or you drastically change where you spend your money.
Russia definitely must pay for everything!
That was what happened to Germany post-WW1
@@nguyenlamanh2919 absolutely wrong comparison. I'm sure you know that and wrote your comment just because of your ideology.
@@vergil7185 I apologized if my comment offended you. I didn’t say that Russia didn’t do anything wrong. What I want to say is that Russia doesn’t have the ability to pay back everything. If they do that it will deeply affect the normal Russian people and won’t improve the relationship between Russia and the West. Instead of that, reconciliation is a much better option.
@@nguyenlamanh2919 your comment hasn't offended me because it just has no sense at all. Russia is extremely rich country and have enough recourses to pay reparations fully. There is no such a thing as normal Russian people. Russians support the war and thus they should feel result of crimes of their country. So there will be no reconciliation until Russia change its policies and pay reparations.
@@vergil7185 A lot of German also supported the war but after that they still become ally with France and Britain. You could try to be fair but then it only leads to more wars, more deaths and destruction on both sides. Of course reconciliation only possible after the Russia change their altitude, ideally without Putin in power.
Russia should be liable for all of that cost.
Just like the west should be liable for all of cost around the world.
Cheers 🎉🎉
Why? West instigated that war.
You shouldn't worry about Russia. You are to pay reparations for 200 years of slavery to African people and indigenous people of America
Nato und US
IS WHAT THE REST OF THE WORLD WITNESSING AND NO MORE FOREIGN COUNTRY MONEY IN YOUR BANK END OF THE GAMES.
It's theft. Simple
Hopefully never
Why hopefully?
Well done Russia
Try NEVER.
Why never? Is this war going to go on for infinity? In the year 1000000000, will the United States of Russia and the Federated State of Ukraine still be fighting?
I really hope that the world will make Russia pay for this crime
Nato did this crime
Should be. Russian society although poor is supposed to pay reperations for all of their genocides in Ukraine too.
Just like ordinary poor western poor is supposed to pay reparations for all of their brutalities around the world.