NYT: in the US, they were afraid of the consequences of the confiscation of Russian assets

NYT: in the USA they were afraid of the consequences of the confiscation of Russian assets

The NYT publication reports doubts about the Biden administration.

The New York Times newspaper, citing sources, reports that the American authorities fear that the alleged confiscation of the assets of the Russian Central Bank will undermine the international reputation of the United States as a reliable investment partner for the storage of the latter.

A positive solution to the issue is possible only after the legal and reputational consequences are settled, according to a number of US financiers. According to the source of the publication, officials in the Biden administration declared the illegal status of this withdrawal.

In general, the country’s financial sector took the idea with more caution than foreign countries in the same Europe that use Russian assets openly.

The NYT notes that the discussion in the Biden camp is still ongoing.

In particular, the confiscation of deposits in dollars and euros placed in local banks by the Russian authorities before the start of the SVO is being discussed.

“Most of it is deposited in Europe, including in the Bank for International Settlements in Switzerland”, – the newspaper writes.

Reputational risks can lead to the fact that banks in other countries, not only Russia, will invest assets in a different currency than dollars, administration officials say.

Recall that about $ 300 billion of Russian reserves were frozen in the United States.

Earlier, Topnews wrote that the Jersey authorities froze almost 50% of the assets of oligarch Roman Abramovich, in monetary terms, $7 billion.

Источник topnews.ru

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