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G7 agrees on transfer of $50 billion in profits from frozen Russian assets to Ukraine
(kyivindependent.com)
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I mean didn't Russia already seize foreign companies, so the precedent is set?
The precedent that that is setting, is that it is not safe to invest in Russia. If the EU does this, the precedent is that the EU is not safe to invest in.
Russia's economy is a dwarf compared to the EU or USA.
Good point