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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin (1736 Views)
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Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by bn365: 5:03pm On Apr 05, 2022 |
nationalization of Russian energy assets abroad is 'a double-edged weapon', says Putin Russian President Vladimir Putin has warned that any move by foreign countries to nationalize Russian stakes in companies would be “a double-edged sword.” “We are already hearing statements from officials about a possible nationalization of some of our assets,” he said. “How far will that get us? Let no one forget that it is a double-edged sword.” Putin also bemoaned what he said was “administrative pressure on our company Gazprom in some European countries.” Germany on Monday put a government agency in charge of a longtime German subsidiary of Gazprom, the Russian state-controlled energy giant. Gazprom said last week it had cut ties with the unit but Germany says that was invalid because the identity of any new owners is unclear and the deal happened without the required government approval. President Vladimir Putin said on Tuesday that Russia must keep a close eye on its food exports to hostile countries because the West's sanctions had fomented a global food crisis and spiraling energy prices. The Kremlin chief cautioned that higher energy prices combined with a shortage of fertilisers would prompt the West to print money to buy up supplies, leading to food shortages among poorer countries. "They will inevitably exacerbate food shortages in the poorest regions of the world, spur new waves of migration and in general drive food prices even higher," Putin told a meeting on developing food production. "In these current conditions, a shortage of fertilisers on the global market is inevitable," Putin said. "We will have to be more careful about food supplies abroad, especially carefully monitor the exports to countries which are hostile to us." https://www.reuters.com/world/europe/putin-says-possible-nationalization-russian-assets-abroad-is-double-edged-weapon-2022-04-05/ 1 Like |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by VictorUSA(m): 5:10pm On Apr 05, 2022 |
This man is just talking tough.In reality, if foreign nations nationalize russian assests there's absolutely nothing he can do. 2 Likes 2 Shares |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Kingpin1000: 5:14pm On Apr 05, 2022 |
Russia is self dependent. They virtually produce everything they need. 6 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by sapientia(m): 5:14pm On Apr 05, 2022 |
Coward Putin It’s tit for tat Only NL zombies believe you can win the whole world You signed a law to do same but don’t want others doing it We will know the result of your foolishness after one year 3 Likes 1 Share |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by bn365: 5:14pm On Apr 05, 2022 |
VictorUSA: I don't have a dog in this fight. I am more concerned about the global food crisis and energy prices. I do believe its being brought on the world by design[GREAT RESET] [BUILD BACK BETTER] I don't lose sleep worrying about what Putin might do. I am more concerned about those who brought coof and mandates on the world. |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Olatunji1929: 5:23pm On Apr 05, 2022 |
sapientia:only a senseless slave like you believe that America and Europe represents world 10 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by mrvitalis(m): 5:28pm On Apr 05, 2022 |
VictorUSA:Really ? By winter we would know how far 2 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by GerogeI(m): 5:34pm On Apr 05, 2022 |
Lol There is plenty he can do. Nationalise any German company operating in Russia. Size any German Vessel passing close to Russia or the Black Sea Target German Airline, Lufthanza, including using jets to hijack and escorted them to Russia. In all this, I hope Nigeria is learning a lesson. 1. Storing excessive amounts of other peoples currency is not wealth but a risk 2. Exporting oil and any other high demand items in anything other than your own currency is downright stupid, because you are simply handing over your country wealth to another country. They can now print more paper currency at your expense. US and Europe are not resource rich countries, but anytime they need money they just print it, on the strength of the idiots around the world who keep stockpiling and demanding for their currencies. Can you imagine that US simply gave more than 1000 USD to each family during covid. How, they just print money. You the stupid people demanding their currency ensures it does not loose value. 3. Soverign wealth funds is a misnomer, invest your wealth at home ir in infrastructure of a friendly country. 4. International loans are strings of slavery, live within your means, value your currency properly and you can afford your infrastructure with ease. 8 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Elvictor: 5:39pm On Apr 05, 2022 |
VictorUSA: Are you sure? Are you sure Russia won't also do the same thing. 4 Likes 1 Share |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Elvictor: 5:40pm On Apr 05, 2022 |
sapientia: Nigeria isn't part of the world again , you don turn yourself to Earth alien 2 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by VictorUSA(m): 5:41pm On Apr 05, 2022 |
Elvictor:How many foreign assets are in Russia? |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by bn365: 5:43pm On Apr 05, 2022 |
GerogeI: Demanding to be paid in Naira instead of Petrodollar will result in a war with the West. India and China have been threatened by the West if they help Russia in undermining the Dollar |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by WoundedLamb: 5:44pm On Apr 05, 2022 |
Lol... Putin suddenly cares about other countries. 1 Like |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Elvictor: 5:47pm On Apr 05, 2022 |
1 Like
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Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by sosanova: 5:47pm On Apr 05, 2022 |
Why is Putin now wailing
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Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by VictorUSA(m): 5:51pm On Apr 05, 2022 |
Elvictor:You mean when russia cease every foreign assets it's the same as when the west cease all russian foreign assets? 1 Like |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by jumper524(m): 6:36pm On Apr 05, 2022 |
GerogeI:unfortunately economics won't teach you this but it's a glaring reality. But mumus we have would say is good economic that the US have meanwhile it's cleaver stealing. Thing is every inflation and recession in the US is preplaned except the current one they are facing. The world need to look away from the euros and dollar domination in the world. Those who print them dictate it's value.. 1 Like |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by jumper524(m): 6:42pm On Apr 05, 2022 |
bn365:not that I support civilian casualties in Ukraine or the invasion but perhaps I support the idea that the crisis is likely to bring a long end to the dollar domination across the worth thereby giving every real hard worker the real value of their money. In the US an unskilled labourer earns at least 100 dollar a day while in Nigeria an 1,500 or 2k daily convert this rates and see just how much we are being cheated. Many people would say American companies pay better than Chinese and India whereas it's the currency values that's exploring us. 2 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Nobody: 6:44pm On Apr 05, 2022 |
GerogeI: |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by olugabbie(m): 6:56pm On Apr 05, 2022 |
VictorUSA: It is simple english. Any country that nationalise Russia asset in europe will have it's own asset nationalise in Russia too. 7 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by baralatie(m): 7:02pm On Apr 05, 2022 |
olugabbie:It goes deeper than that! It means that nation has literally indicated conflict with russia |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by GerogeI(m): 7:38pm On Apr 05, 2022 |
bn365:So what? What exactly are we importing from US that we can't do without? If the hole If Europe could switch in 1990 to Euro, why can't we in Africa. And if we introduce an international gold currency as a region, they won't have any choice but to face their side. |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by bn365: 7:52pm On Apr 05, 2022 |
GerogeI: I admire your audacity. Africans, on the other hand, will sell you out in a heartbeat if you go against the West. Some Govts in Africa have been overthrown for refusing IMF loans. You have to be tied at the hip with the West. You have to sign away your country's parastatals ie energy, oil etc to the West Many Nigerians will label you as a slowpoke for thinking the way you do... You want to be free of the West? That's like cursing at the gods 2 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by tonididdy(m): 7:57pm On Apr 05, 2022 |
VictorUSA:You can read but lack comprehension (understanding). Do you know what the term " two edged sword" means in the article? It simple mean, what you can do, I can also do. There are also foreign investments in Moscow. 3 Likes 1 Share |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by GerogeI(m): 8:02pm On Apr 05, 2022 |
bn365: This bigger than thou perception is our biggest problem in Africa. Asians have a very different view. Because every technology we use is second hand, there is not much a country like US can do with sanctions, except to say we can't migrate to US or London, which will be a good thing. The real problem I see is the usual tribal politics where each group is trying to like the anus of either UK or US and is ready to offer them everything on a platter of gold. That's really why we need to break up or form a union of independent nations. |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Uyi168: 8:05pm On Apr 05, 2022 |
sapientia:. leave the whole world out of this. It's strictly russia vs Europe/America. every other parts of the world have maintained their neutrality. 4 Likes 1 Share |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by sapientia(m): 8:12pm On Apr 05, 2022 |
Uyi168: i dont do well with liars the voting to condemn the invasion is on public domain |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by VictorUSA(m): 9:04pm On Apr 05, 2022 |
tonididdy:You are the one that lacks comprehension.Didn't you read when I said he can do nothing? My opinion tho. |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by Nobody: 9:24am On Apr 06, 2022 |
VictorUSA: These 400 foreign companies running into over a $1 trillion currently have their assets and accounts restricted temporarily in Russia. It’s a double edged sword. 1 Like
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Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by seunny4lif(m): 9:57am On Apr 06, 2022 |
VictorUSA:There are over 5K Germany and Austria companies in Russia alone. Not to mention Finnish, Italy and French companies. Over 15K EU companies operate in Russia more than Russia companies in EU. 2 Likes |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by aribisala0(m): 10:29am On Apr 06, 2022 |
VictorUSA:You simply do not know this. You have no way of knowing .It is just what you CHOOSE to believe When that happens we shall see 1 Like 1 Share |
Re: Nationalization Of Russian Assets Abroad Is 'a Double-edged Weapon', Says Putin by VictorUSA(m): 10:51am On Apr 06, 2022 |
princeeze1:But not all countries are hostile to Russia.They will freeze assets belonging to those countries that freezes their's only. 1 Like 1 Share |
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