Russian court orders seizure of $440mn from JPMorgan. Move follows lawsuit from state-owned bank VTB to ‘recover losses’ from America’s largest lender. (www.ft.com)

submitted 5 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[-] mindlight@lemm.ee -1 points 5 months ago

This is yet another sign of the Russian economy booming!

Here I was, thinking that only desperate states with an economy on life support would have done this.... And then Russia does this.

Whaddyaknow!

[-] yogthos@lemmy.ml 3 points 5 months ago

I mean it's a direct response to US authorizing stealing Russian assets. I guess in case of US, the economy really is on life support at this point.

[-] PolandIsAStateOfMind@lemmy.ml 1 points 4 months ago

Huh, so a politicians fulfilling promises is now a sign of desperation? They are doing exactly what they promised to do if west will seize Russian foreign assets, which they do now.

this post was submitted on 24 Apr 2024

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