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Alex Ritson

πŸ‘€ Speaker
5198 total appearances

Appearances Over Time

Podcast Appearances

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

From the European perspective, why is using Russian money, European leaders generally see Russia as the aggressor in this war, why is that controversial?

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

Because if you are Belgium, for example, and you are hosting 200 billion euros worth of Russian cash, you are worried about being legally compelled to pay Moscow back once the war is over.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

Now, what Europe is saying is, well, there's no legal mechanism for that.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

It's not going to recognise Moscow's courts.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

And it's also saying that it would spread the risk.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

But even Euroclear, which is the institution which houses this cash in Belgium...

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

It has its own frozen assets inside Russia, so it's about vulnerability.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

And to boot, there is also another concern here, which is that America has been lobbying European members to block it as well, because there have been previous proposals leaked that shows Washington wanting to get its own hands on this cash for future investments with Russia.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

So there are a lot of forces at play here.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

James Waterhouse.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

And as talks continue in Brussels, the war in Ukraine rages on.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

Kiev is making no assumptions about support and is moving to ramp up production of its own weapons.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

After being heavily reliant on the West, Ukraine now says it's producing more than 50% of the weapons it uses on the front line.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

That includes long-range drones and missiles to hit targets deep inside Russia.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

Our defence correspondent, Jonathan Beale, has been given rare access to facilities now mass-producing these weapons, which they say are the only way of providing Ukraine with reliable security guarantees.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

We're being driven to a secret location.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

It's all a bit cloak and dagger.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

been asked to put eye masks on so we can't see where we are we're going to the factory where they produce ukraine's long-range missiles this is where they're making ukraine's own cruise missile the flamingo and there is a finished product on a lorry ready to go it's 12 meters long

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

It has a wingspan of two meters.

Global News Podcast
Crunch talks in Brussels on Russia's frozen assets

It's got a rocket up on top.