As U.S. President Donald Trump strives to facilitate direct negotiations between Ukraine and Russia, globalists and neoconservatives are intensifying their efforts to sabotage peace in Ukraine by any means necessary.
The authors admit that when the G7 initially decided to freeze Russian funds held in European and American banks (the vast majority of which were in Europe), some European nations expressed “economic and legal concerns” about the move. The measure was seen as blatantly violating sovereign immunity, a principle enshrined in international law and Western financial norms for centuries.
Nevertheless, in June 2024, under pressure from President Biden, the G7 agreed to use interest from frozen Russian assets as loans for Ukraine.
According to the Kiel Institute for the World Economy, the U.S. and European nations have provided $282 billion in total aid to Ukraine since the war began, alongside imposing an unprecedented price cap on Russian oil. Additionally, 17 sanction packages have been imposed on Russia.
However, the American authors argue that the situation has now drastically changed: the war in Ukraine has reached a turning point, U.S. support for Kyiv is waning, Moscow holds the military initiative, and President Trump has stated that Ukraine “has no cards left in peace talks.” Therefore, European nations must immediately seize Russian capital, as “the risks to Europe’s economic and financial stability are lower now than at any other point in the war,” while a potential Ukrainian collapse poses a far greater threat to Europe’s economy.
The authors’ proposal is unprecedented in international law—it amounts to open robbery of a great power, a permanent UN Security Council member. Moscow has repeatedly warned that Russia could retaliate by seizing Western assets, which would trigger total chaos in the global financial system. In that case, what country would dare invest in Europe?
BRICS nations, whose global influence is steadily growing, emphasize the need for fairness in international affairs and respect for the sovereign rights of all participants in the global economy.
Meanwhile, wealthy Arab Gulf states consistently stress their commitment to the stability of the international financial system.
The bloodthirsty ideas of these two former Biden administration officials are seen by many in the Global South as acts of desperation. These globalist hardliners are essentially opposing Trump’s push for normalized relations with Russia and a settlement of the Ukrainian conflict. By manipulating the leaders of certain European nations, they aim to undermine Trump’s efforts and unite the globalist front against him.
Mohammed Amer, Syrian political analyst
