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3232Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets
https://www.digit.info/economist-jim-rickards-the-global-clearance-and-settlement-system-might-collapse-after-seizure-of-russian-assets/
Mon, 03 Jun 2024 16:11:14 +0000https://www.digit.info/2024/06/03/economist-jim-rickards-the-global-clearance-and-settlement-system-might-collapse-after-seizure-of-russian-assets/Read more]]>Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that Euroclear could face lawsuits if Western countries seize these […]
]]>IMF Acknowledges Russian Assets’ Confiscation Might Undermine the World’s Financial System
https://www.digit.info/imf-acknowledges-russian-assets-confiscation-might-undermine-the-worlds-financial-system/
Mon, 20 May 2024 04:31:56 +0000https://www.digit.info/2024/05/20/imf-acknowledges-russian-assets-confiscation-might-undermine-the-worlds-financial-system/Read more]]>The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for these actions to have a proper justification to avoid threatening the world’s financial system. IMF Calls […]
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that Euroclear could face lawsuits if Western countries seize these […]
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The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for these actions to have a proper justification to avoid threatening the world’s financial system. IMF Calls […]
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