Russia Asset Freeze Threat Sends European, US Stocks Reeling

[vK_man]

Russia Asset Freeze Threat Sends European, US Stocks Reeling


Submitted by Tyler Durden on 09/25/2014 11:08 -0400

• Ukraine
  
• Vladimir Putin

Germany's DAX is tumbling this morning (and back in the red for 2014) as The Moscow Times reportsRussian courts could get the green light to seize foreign assets on Russian territory under a draft law intended as a response to Western sanctions over the Ukraine crisis. Whether this isretaliation at Italian tax police seizing €30m in assets, including a luxury hotel in Rome and two villas in Sardinia, controlled by Arkady Rotenberg, is unclear, but the timing is highly coincidental and Rotenberg has been a longtime ally of Russian president Vladimir Putin.



DAX is sliding notably... (not helped by chatter about Russia "throttling" gas supplies to Europe)





back to negative year-to-date...





As The Moscow Times reports,



Russian courts could get the green light to seize foreign assets on Russian territoryunder a draft law intended as a response to Western sanctions over the Ukraine crisis.



The draft, which was submitted to parliament on Wednesday by a pro-Kremlin deputy, wouldalso allow state compensation for an individual whose property is seized in foreign jurisdictions.



The draft law, published on a parliamentary database, would allow for compensation for Russian citizens who suffer because of an "unlawful court act" in a foreign jurisdiction andclear the way to foreign state assets in Russia being seized, even if they are subject to international immunity.

Blowback?
Russia Asset Freeze Threat Sends European, US Stocks Reeling | Zero Hedge

@NiceTry @vostok @senheiser @MarkusS @Götterdämmerung

 

[Beidou2020]

An excellent move.

 

[vostok]

Russia Asset Freeze Threat Sends European, US Stocks Reeling

View attachment 87012
Submitted by Tyler Durden on 09/25/2014 11:08 -0400

• Ukraine
  
• Vladimir Putin

Germany's DAX is tumbling this morning (and back in the red for 2014) as The Moscow Times reportsRussian courts could get the green light to seize foreign assets on Russian territory under a draft law intended as a response to Western sanctions over the Ukraine crisis. Whether this isretaliation at Italian tax police seizing €30m in assets, including a luxury hotel in Rome and two villas in Sardinia, controlled by Arkady Rotenberg, is unclear, but the timing is highly coincidental and Rotenberg has been a longtime ally of Russian president Vladimir Putin.



DAX is sliding notably... (not helped by chatter about Russia "throttling" gas supplies to Europe)

View attachment 87013



back to negative year-to-date...

View attachment 87014



As The Moscow Times reports,



Russian courts could get the green light to seize foreign assets on Russian territoryunder a draft law intended as a response to Western sanctions over the Ukraine crisis.



The draft, which was submitted to parliament on Wednesday by a pro-Kremlin deputy, wouldalso allow state compensation for an individual whose property is seized in foreign jurisdictions.



The draft law, published on a parliamentary database, would allow for compensation for Russian citizens who suffer because of an "unlawful court act" in a foreign jurisdiction andclear the way to foreign state assets in Russia being seized, even if they are subject to international immunity.

Blowback?
Russia Asset Freeze Threat Sends European, US Stocks Reeling | Zero Hedge

@NiceTry @vostok @senheiser @MarkusS @Götterdämmerung

I think this will not happen - we're not barbarians, I mean - not Westerners.

 

[MarkusS]

I think this will not happen - we're not barbarians, I mean - not Westerners.

Why do you want us as enemies?

And buddy i visited St Petersburg. If your poverty and low living standards is not barbarism, what else is?

 

[The Huskar]

I am with Russia with this one.It is a give and take age.You take something Russia's forcibly and we Russia reciprocate the same.

 

[MarkusS]

I am with Russia with this one.It is a give and take age.You take something Russia's forcibly and we Russia reciprocate the same.

And then we reciprocate with something even harder. So this is your suggestion? To push it until WW III?

 

[raazh]

And then we reciprocate with something even harder. So this is your suggestion? To push it until WW III?

Didnt Italy first seize some Russian Assets ?? Why you blaming them for a response ??

 

[MarkusS]

Didnt Italy first seize some Russian Assets ?? Why you blaming them for a response ??

No, russia seized crimean, The sanction is a response for that. You may understand, that the EU was follow a policy to guarantee our security. If we allow Putin to attack Ukraine, who guarantees us that he does not attack us later? This would cause WW III. So its just right to show the red line early in the game.

 

[UKBengali]

No, russia seized crimean, The sanction is a response for that. You may understand, that the EU was follow a policy to guarantee our security. If we allow Putin to attack Ukraine, who guarantees us that he does not attack us later? This would cause WW III. So its just right to show the red line early in the game.

Crimea does not belong to EU/Italy.

EU economy is on life support and the last thing it needs is a sanctions war with it's energy partner Russia.

 

[Hamartia Antidote]

US stocks reeling? They were UP today...

 

[MarkusS]

Crimea does not belong to EU/Italy.

EU economy is on life support and the last thing it needs is a sanctions war with it's energy partner Russia.

Estonia, Poland and Latvia belong to the EU. and They are threatened from russia. Ukarine signed a cooperation and association pact with us. If we don´t act now it would be too late. Russia did chose war with us, not the other way around. The only thing more important than economy is security. And if we don´t act now it will be too late.

In 1938 France and UK could still have stopped Hitler. They did not do so because economic reasons. It did cost europe much in the end. The current situation makes it necessary to restate our old security plans. Troops at our eastern boarders, installment of new weapon systems and so on. In a security climate like this you don´t do business as usual.

Russia is a threat for us, its that simple.

 

[UKBengali]

Estonia, Poland and Latvia belong to the EU. and They are threatened from russia. Ukarine signed a cooperation and association pact with us. If we don´t act now it would be too late. Russia did chose war with us, not the other way around. The only thing more important than economy is security. And if we don´t act now it will be too late.

In 1938 France and UK could still have stopped Hitler. They did not do so because economic reasons. It did cost europe much in the end. The current situation makes it necessary to restate our old security plans. Troops at our eastern boarders, installment of new weapon systems and so on. In a security climate like this you don´t do business as usual.

Russia is a threat for us, its that simple.

Russia is no match for Germany, France and UK militarily. It is not like 1938 at all.

Go ahead and ruin Europe. This is what the US wants.

 

[DingDong]

Russia is no match for Germany, France and UK militarily. It is not like 1938 at all.

Go ahead and ruin Europe. This is what the US wants.

History tells otherwise. If Russia doesn't win then Russia and it's enemies will go down together. There is no second or third option.

 

[MarkusS]

Russia is no match for Germany, France and UK militarily. It is not like 1938 at all.

Go ahead and ruin Europe. This is what the US wants.

I´m not talking about germany, France or UK. I´m talking about Poland and the baltic nations who must fear about their security. The EU and NATO promise to stand united. If we allow Putin to opress and occupy Ukraine, we open the door for much worse.

History tells otherwise. If Russia doesn't win then Russia and it's enemies will go down together. There is no second or third option.

History tells more, that russia has no influence on europa and that it was and is always an outsider. Russia can only push trhough with violence. Its interesting that you never would see a natural alliance with russia in its entire history.

 

[UKBengali]

I´m not talking about germany, France or UK. I´m talking about Poland and the baltic nations who must fear about their security. The EU and NATO promise to stand united. If we allow Putin to opress and occupy Ukraine, we open the door for much worse.

Germany is currently in recession.

Carry on the way you are going and in 15-20 years Turks will have higher living standards than Germans.