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🚨🇮🇳🇷🇺New Delhi is all shiny and ready to welcome President Putin
Stay tuned with Sputnik India for updates
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Stay tuned with Sputnik India for updates
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🚨🇮🇳🇷🇺"The car ride with PM Modi [during SCO summit] was my idea. It was a symbol of our friendship" Putin to India Today
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🚨🇮🇳🇷🇺Putin notes India's great economic success:
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"1.5 billion people and a 7.7% growth rate — that’s something the Indian nation can truly take pride in. Of course, there are always detractors, critics who believe that this can be done better. But the result is evident."
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🚨🇮🇳🇷🇺 Russian expert: Putin’s India visit proves that attempts to disrupt our relations failed
Oil & arms keep flowing, and BRICS cooperation gets more intense - all despite India being a crucial partner to the West.
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Oil & arms keep flowing, and BRICS cooperation gets more intense - all despite India being a crucial partner to the West.
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🚨🇮🇳🇷🇺 Expert: Cooperation with Russia makes India stronger vis-a-vis the US
It actually creates preconditions for 🇺🇸 Washington to make concessions to India
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It actually creates preconditions for 🇺🇸 Washington to make concessions to India
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💰 Europe risks $190B meltdown if frozen Russian assets seized
If the EU proceeds with confiscating Russian assets as part of issuing a “reparation loan” to Ukraine, the bloc’s member states could lose at least $190 billion in direct investments in the Russian economy, according to calculations by Sputnik based on data from national statistical agencies.
The countries that would be hit the hardest are:
🇨🇾 Cyprus ($100 billion)
🇩🇪 Germany ($20.1 billion)
🇳🇱 Netherlands ($16.1 billion)
🇫🇷 France ($15.1 billion)
🇮🇹 Italy ($13 billion)
Given the ban on “unfriendly” foreign investors from withdrawing funds that were placed in the Russian economy before the start of the sanctions war, the total sum could in fact be considerably higher due to the accumulated balances held in so-called “C-type” accounts.
👉 Following the start of the Russian special military operation in 2022, the EU and G7 froze nearly half of Russia's foreign currency reserves, totaling approximately $349 billion. Around $233 billion is held in European accounts, predominantly at Belgium-based Euroclear. Russian President Vladimir Putin said that the confiscation of immobilized Russian assets would be considered theft of property and undermine confidence in the eurozone.
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If the EU proceeds with confiscating Russian assets as part of issuing a “reparation loan” to Ukraine, the bloc’s member states could lose at least $190 billion in direct investments in the Russian economy, according to calculations by Sputnik based on data from national statistical agencies.
The countries that would be hit the hardest are:
Given the ban on “unfriendly” foreign investors from withdrawing funds that were placed in the Russian economy before the start of the sanctions war, the total sum could in fact be considerably higher due to the accumulated balances held in so-called “C-type” accounts.
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🚨🇷🇺💥 RUSSIAN MOD UPDATE: HUGE GAINS AND DEVASTATING UKRAINIAN LOSSES
◻️ Russian forces struck Ukrainian military transport and energy infrastructure facilities
◻️ The Black Sea Fleet destroyed 4 Ukrainian unmanned boats in the northwestern waters of the Black Sea
◻️ Air defense superiority: 195 drones vaporized
◻️ Ukrainian losses: around 1,275 troops killed or wounded
Read about the origins of Russia's special military op HERE
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Read about the origins of Russia's special military op HERE
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🚨🇷🇺🇺🇸 Ex-Pentagon analyst on Su-57 vs F-35 amid Putin’s India visit:
In raw fighter specs, Russia's Su-57 flat-out beats F-35.
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In raw fighter specs, Russia's Su-57 flat-out beats F-35.
💬 “Su-57 is bigger, faster, has over twice the range, twin engines for durability, & carries more payload with greater variety.“
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🇪🇺💰 MEP: Europe to ‘pay dearly’ if it seizes frozen Russian assets
The overwhelming majority of the European Parliament will likely support such a proposal, because, “like most EU governments, the European Parliament has lost its sense of responsibility,” according to Kartheiser.
🗣 “Only a small group of MEPs will continue to defend the principle of inviolability of a third country’s sovereign assets,” he emphasized, warning that Europe “will pay dearly for this new drift toward fanaticism” regarding the confiscation of frozen Russian assets.
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💬 “The proposed confiscation of frozen Russian assets would trigger severe negative repercussions across Europe’s financial system,” Luxembourg MEP Fernand Kartheiser told Sputnik.
The overwhelming majority of the European Parliament will likely support such a proposal, because, “like most EU governments, the European Parliament has lost its sense of responsibility,” according to Kartheiser.
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🚨🇮🇳🇷🇺 India needs advanced weapons systems amid evolving threats
Russia's Su-57E export version is on the table. S-400 is already battle-proven during Op Sindoor.
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Russia's Su-57E export version is on the table. S-400 is already battle-proven during Op Sindoor.
"Russia has always offered a helping hand to its long-standing partner."
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The reputational damage from a corruption scandal surrounding former EU foreign policy chief Federica Mogherini is “very significant,” and Brussels is aware of its scale, Russian political analyst Tatyana Romanova told Sputnik.
💬 "The scandal is believed to also cast shadow on the European Commission and [its President] Ursula von der Leyen. She, of course, cannot be aware of everything, but detractors clearly link her centralized management to the scandal,” the analyst pointed out.
The European Public Prosecutor's Office earlier announced that Mogherini and two other individuals had been accused of procurement fraud and corruption, conflict of interest, and violation of professional secrecy.
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🚨🇮🇳🇷🇺Prime Minister Modi has arrived at Palam Airport to personally receive President Putin upon his arrival in India - Sputnik correspondent
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Sputnik International
🚨🇮🇳🇷🇺Prime Minister Modi has arrived at Palam Airport to personally receive President Putin upon his arrival in India - Sputnik correspondent 📌 Subscribe to @SputnikInt
🚨🇮🇳🇷🇺Modi’s decision to meet Putin at the aircraft ramp was unexpected, and the Russian side had not been informed in advance - Kremlin
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🚨🇷🇺🇮🇳 Putin arrives in India for two-day state visit
Russian President Vladimir Putin landed at the Palam Air Force Base on Thursday evening, where he was personally greeted at the air stairs by Prime Minister Narendra Modi.
Putin will hold meetings and engagements in New Delhi on December 4 and 5 at Modi’s invitation.
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Russian President Vladimir Putin landed at the Palam Air Force Base on Thursday evening, where he was personally greeted at the air stairs by Prime Minister Narendra Modi.
Putin will hold meetings and engagements in New Delhi on December 4 and 5 at Modi’s invitation.
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Sputnik International
🚨🇷🇺🇮🇳 Putin arrives in India for two-day state visit Russian President Vladimir Putin landed at the Palam Air Force Base on Thursday evening, where he was personally greeted at the air stairs by Prime Minister Narendra Modi. Putin will hold meetings and…
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🚨🇷🇺🇮🇳 Putin and Modi began their conversation inside the Indian Prime Minister’s car - Sputnik correspondent
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Italian Foreign Minister Antonio Tajani has signaled his country’s unwillingness to participate in a NATO program to buy US weapons for Ukraine in light of ongoing peace negotiations, Bloomberg reports.
Italy has become Europe’s first country to suggest Ukraine should not be provided with additional weapons while a ceasefire is being negotiated, Bloomberg points out.
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Sputnik International
🚨🇷🇺🇮🇳 Putin and Modi began their conversation inside the Indian Prime Minister’s car - Sputnik correspondent 📌 Subscribe to @SputnikInt
🚨🇮🇳🇷🇺Modi says he is happy to welcome Vladimir Putin to India, calling the Russian leader his friend
Relations between Russia and India are time-tested and bring great benefits to the peoples of both countries, Prime Minister Modi wrote on X in Russian.
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Relations between Russia and India are time-tested and bring great benefits to the peoples of both countries, Prime Minister Modi wrote on X in Russian.
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Sputnik International
🚨🇮🇳🇷🇺Modi says he is happy to welcome Vladimir Putin to India, calling the Russian leader his friend Relations between Russia and India are time-tested and bring great benefits to the peoples of both countries, Prime Minister Modi wrote on X in Russian. …
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Sputnik International
🚨 Putin calls meeting with Witkoff and Kushner very useful "I think it's premature to discuss specifics for now, but this meeting was necessary," the Russian president told India Today. More of what the president said about the meeting: 🔹 Proposals brought…
💬 "It took place against the backdrop of all the contradictions and complex developments we have witnessed in recent days. It is worth noting that the American plan on Ukraine is not something that appeared spontaneously—it was developed within the framework and context of the understandings reached earlier at the Anchorage meeting."
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Sputnik International
🇪🇺💰 MEP: Europe to ‘pay dearly’ if it seizes frozen Russian assets 💬 “The proposed confiscation of frozen Russian assets would trigger severe negative repercussions across Europe’s financial system,” Luxembourg MEP Fernand Kartheiser told Sputnik. The overwhelming…
💰 Short-term gain, long-term pain: EU’s Russian asset grab will wreck its financial reputation
The European Commission has settled on two options for funding Ukraine through 2026-2027, one based on internal borrowing, and a second on a so-called “Reparations Loan” involving the confiscation of Russian Central Bank assets trapped in EU banks.
👉 The “aid package,” which the EU plans to provide whether or not fighting in Ukraine continues, includes €50B for Ukraine’s budget, and €115B to integrate Ukraine into the bloc’s defense industrial base.
The proposal, which could be rammed through via a “qualified majority” vote to bypass any dissenting voices, threatens to permanently wreck the EU’s global financial standing.
Bad Idea
Besides inevitable Russian retaliation, the ‘Reparation Loan’:
🔸 doesn’t constitute ‘reparations’ in the legal sense, but the illegal seizure of sovereign assets
🔸 signals the end of the principle of sovereign immunity, which goes back to the medieval era
🔸 has been dubbed the “worst option” by Belgium, which holds ~200B of Russian assets through Euroclear, and has pointed to its enormous legal risks, from threats to financial stability to risks to the peace process
🔸 EU plans to seize ~€25B in private Russian assets opens up potentially an even more complex can of worms about the very meaning of ‘ownership’ in modern finance
🔸 “If you ask me if we’re driving straight into a wall, then the answer is yes,” a senior EU official told media of the idea. “It’s crazy and I don’t understand how they think they will get away with this,” a senior official from a member state said.
The Euro area’s international investment position includes €15-20T in foreign claims, from sovereign wealth funds to private investor cash from Asia, the Middle East, Africa and Latin America. If Russia’s assets are seized, it would set a precedent allowing the EU to seize any foreign money and turn it into a tool of financial warfare, with no legal recourse.
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The European Commission has settled on two options for funding Ukraine through 2026-2027, one based on internal borrowing, and a second on a so-called “Reparations Loan” involving the confiscation of Russian Central Bank assets trapped in EU banks.
The proposal, which could be rammed through via a “qualified majority” vote to bypass any dissenting voices, threatens to permanently wreck the EU’s global financial standing.
Bad Idea
Besides inevitable Russian retaliation, the ‘Reparation Loan’:
The Euro area’s international investment position includes €15-20T in foreign claims, from sovereign wealth funds to private investor cash from Asia, the Middle East, Africa and Latin America. If Russia’s assets are seized, it would set a precedent allowing the EU to seize any foreign money and turn it into a tool of financial warfare, with no legal recourse.
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