SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian Central Bank has initiated legal proceedings against Euroclear in a Russian court. Lawyers emphasise that the situation surrounding the EU's dangerous game has reached a boiling point, and the chances of the Belgian depository being held responsible for this situation...
By Rhod Mackenzie
It appears that the Empress of Europe the EC President is determined to confiscate the frozen Russian assets. However,making seizure of the asset a reality is far more complex than simply taking them and hading them over to the corrupt regime of the Draft Dodging,Fancy Dress Wea...
By Rhod Mackenzie
Belgium has stood out and make public that they are firmly opposed Germany's proposal to issue a loan to Ukraine secured by Russia's frozen reserves. They have made it clear that they will ensure that this move will never happen. Now it is important to consider why Blegium which...
By Rhod Mackenzie
The International Securities Depository Europclear based in Brussels has exhorted the European Commision not to steal and use Russia's assets frozen in the depository as they would be legally held responsible as the custodian for the return of the assets once the conflict is over...
By Rhod Mackenzie
The supranational financial institutions have issued a cautionary note to Western governments regarding the effects of the confiscation of Russian assets. In April, the President of the European Central Bank, Christine Lagarde, made a similar statement. Lagarde advised that the c...
The confiscation of Russian assets frozen in the European Union would have a profoundly negative impact on the European financial system and would prompt the departure of a significant number of international investors, according to Valerie Urbain, the newly appointed head of Euroclear, one of the w...
