White House addresses reports that Russia may seize U.S. business assets

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 52%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'Any lawless decision by Russia to seize the assets of these companies will ultimately result in even more economic pain for Russia,' the White House said.

condemning Putin's actions. Psaki made it clear that any seizures would result in further consequences for the Russian economy.

"As President Biden said earlier this week, we welcome the decisions of companies to exit Russia because they want no part of Russia's war of choice against Ukraine," the tweets continued."Any lawless decision by Russia to seize the assets of these companies will ultimately result in even more economic pain for Russia."

"Russia may also invite legal claims from companies whose property is seized," Psaki said."We stand with American companies who are making tough decisions regarding the future of their Russian operations."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ukrainians are fighting for their country, for their freedom! Putin is a criminal! was trained by the KGB and wants to rebuild the former URSS!! Putin has imperial ambitions and will end up isolated and out of competition!

Simple solution: Take him out of the equation!

I don’t see why Russian sanction would be more lawless than Western sanctions on individual’s assets without any administrative appeal?

Russia has de facto already frozen $1 trillion worth assets of western companies, why media don’t cover this?

🤣American hypocrisies!! When they were stealing Venezuelan assets (and now the Russian's), together with UK, then it was justifiable!!

sure and russia will sanction you. you can see what sanctions bring with north korea, iran etc and nothing at all. We are in a trading war!

bla bla

Your goods have been returned to you, I will drink from the same cup.

Who didn't see that coming?

Reinstalling USSR 90%

They should seize everthing

Давайте подождем когда убитых будет больше 100 000 человек куда торопится

How a house gon talk to someone? It’s a HOUSE

South Africa South Africa Latest News, South Africa South Africa Headlines