Timothy Ash has been arguing for more than 18 months that the $300 billion plus of Russia central bank monies “immobilised” in Western jurisdictions should be formally frozen, seized and allocated to Ukraine both to compensate it for the immense damage done by Russia to Ukraine but also to give it a chance of being able to fund the war, to secure victory, and subsequent peace and reconstruction. For much of this time it has appeared as if we have been banging our heads against a brick wall, but something seems to have changed in recent weeks months, as a number of G7 countries (the UK, the US and Canada, in particular) appear to have changed their positions and are now arguing in support of seizing the assets and allocating them to Ukraine.
———-
Timothy Ash, who has been professional economist for more than 30 years, with two thirds of that in the banking industry. Timothy’s specialism is emerging European economics, and he writes and blogs extensively on economic challenges for leading publications such as the Kyiv Post, Atlantic Council, the Financial Times, and the United Business Journal. He is also an Associate Fellow in the Russia and Eurasia programme at Chatham House and has advised various governments on Ukraine-Russia policy and specifically on the impact of sanctions.
———-
LINKS:
https://twitter.com/tashecon
https://www.linkedin.com/in/timothy-ash-83a87158/
https://www.chathamhouse.org/about-us/our-people/timothy-ash
https://cepa.org/author/timothy-ash/
———-
ARTICLES:
https://timothyash.substack.com/
https://kyivindependent.com/author/timothy-ash/
———-
SUPPORT THE CHANNEL:
https://www.buymeacoffee.com/siliconcurtain
https://www.patreon.com/siliconcurtain
———-
TRUSTED CHARITIES ON THE GROUND:
Save Ukraine
https://www.saveukraineua.org/
Superhumans – Hospital for war traumas
https://superhumans.com/en/
UNBROKEN – Treatment. Prosthesis. Rehabilitation for Ukrainians in Ukraine
https://unbroken.org.ua/
Come Back Alive
https://savelife.in.ua/en/
Chefs For Ukraine – World Central Kitchen
https://wck.org/relief/activation-chefs-for-ukraine
UNITED24 – An initiative of President Zelenskyy
https://u24.gov.ua/
Serhiy Prytula Charity Foundation
https://prytulafoundation.org
———-
PLATFORMS:
Twitter: https://twitter.com/CurtainSilicon
Instagram: https://www.instagram.com/siliconcurtain/
Podcast: https://open.spotify.com/show/4thRZj6NO7y93zG11JMtqm
Linkedin: https://www.linkedin.com/in/finkjonathan/
Patreon: https://www.patreon.com/siliconcurtain
———-
Welcome to the Silicon Curtain podcast. Please like and subscribe if you like the content we produce. It will really help to increase the popularity of our content in YouTube’s algorithm. Our material is now being made available on popular podcasting platforms as well, such as Spotify and Apple Podcasts.
source
These frozen assets would only be part payment of reparations to the actual cost of damage done to Ukraine by Putins senseless war..
Thanks for covering this vital topic. Great to hear Timothy Ash’s eminently sensible perspective. The clear message is: push the bean counters out of the way and get on with the job.
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..
Good news that Switzerland is moving towards seizing the frozen Russian state money to transfer to help Ukraine rebuild.
💛💙💜💙💛 bankers and corporate billionaires are owned by the likes of putin, so they want Ukraine to fail, and they want democracies to fall into dictatorships. They don't care how many die or how they die. It is their answer to climate change. Less people, less greenhouse gases, less food needed, etc. The bottom line is billionaires are dictators, bloody ones.
🇺🇦 🌏 🇺🇸
The shrill Russian trolls here are evidence that this is a great idea. If it were really going to destroy Western banking they would be all for it, but instead they are trying their hardest to convince people not to support it.
Make Western nations pay
Fantastic analysis as usual
This is not helping.
There are complexities to taking money from someone else's account.
Other countries may then not trust the dollar system and this may cause another financial crises.
Instead of ensuring stability, hesitating governments are working on causing their citizens a PTSD, or worse. Mine is premature – some need to see the horror advance to their doorstep and physically enter their home before they pay any attention. But THAT will not just end in a PTSD
In two years from now, our gvts will launch an attempt similar to this event, instead of using RU money right where Putin unwittingly chose to burn it: https://en.m.wikipedia.org/wiki/Oro_alla_Patria
Class action of EU pensioners against greedy companies staying in RU
A hub for UA support, uniting all UA initiatives on one platform
Exec summary of this interview: Gloves OFF
The name of the SK prime minister Fico is read as "Fit-so" (irony not intended but still present).Reading it as "Ficko" has however the appropriate connotations in some languages, so please don't correct yourself
Obama returned frozen Iranian assets with interest from the embassy attack of 1979. So politicians often return frozen assets.
This is precisely what Navalny wanted done, according to Bill Brower and Mike McFaul.
The U.S. has no strategy for any of their dealings with any country. Why? Because our strategies need to be approved by the current Presidential administration. We change those administrations too often. If our strategies were set by State Department policy…..things might be different.
Ukrainians are ROCKS. They take RESILIANCE to a new level. God bless them!
Releasing he money to Ukraine, would make other dictatorships think twice before trying to annex another nations country, and could have the added bonus of making putin cry