The Russians Are Calling It an Act of Economic War

There's no international treaty guaranteeing your reserves. As soon as the government puts through sanctions laws, that gives it special powers. But er, the russians have no recourse. If you enter the uk, for example, which is a favourite court, then the yuke court will just point to the british laws allow n bank of england to grab that money. The thing with the european reserves a, it seems to have caught the cremlin completely unawares. They didn't see this coming, because they wouldn't have left so much money. You know, they're in the hands of the europeans. Would have moved it to china or