Tag: Russia Western Banks Relations
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Russia Warns Western Banks of ‘Catastrophic Consequences’ Over Asset Confiscation
Russian Ultimatum to Western Banks The Russian Federation has recently issued a stark warning to Western banks. They assert there will be “catastrophic consequences” if the illicit confiscation of assets, alleged by Moscow, does not cease. This escalation comes amidst growing global economic tension. Strained Institutional Relations In the past few years, international banking relations…
