Russia's Federation Council is preparing a bill that provides for the confiscation of property, assets and accounts of European and American companies, including private ones, should the United States decide to impose sanctions against Russia.
The author of the bill, the head of the Federation Council Committee on Constitutional Legislation, Andrei Klishas, said that the bill would empower the president and the government with such opportunities to protect Russia's sovereignty from attacks.
According to the official, legal experts currently study the issue to see to which extent such possible confiscation of assets and accounts of foreign companies, including public, private companies and individuals, complies with the Constitution of Russia.
Klishas also stressed out that the Russian authorities were confident such a move clearly met European standards. It is enough to recall the example of Cyprus, when confiscation was one of the conditions for the provision of assistance to the country from the European Union.
http://english.pravda.ru/news/russia/05-03-2014/127027-russia_sanctions-0/

I think they should freeze now and get clarification later on the confiscation. Perhaps then Odumbo and his corporate owners will realize their BS has penalities.

they must be in deep economic Doo!

Outsmarted once again... Bring on those sanctions.

Putin's Bluff...

Lenin would be proud!

Only Pu$$y Riot can save them now.

Actually just the opposite but then that would violate the prejudice of the preconceived notions of those unwilling to accept that reality.

we'll see!
Sure good there is no Russian Money and plenty other Russian Assets in the West!

Putin seems like an angry individual. I would be too if I had to grow up with a name like "Putin"
The world is a stage, and the stage is being set for something so much bigger then most people realize. ww3 is coming. And after that, the world will never be the same again. ww3 sets the stage for something even worse.

Wonder how the Tool figures that Cyprus figures into his Theft-Scheme?
Theft it was,but it has little to do with the Circumstances now,besides the Russians were forewarned by the EU,and got their money out of Cyprus in time!
Really a Storm in a Tea-Cup!

Putin’s Ukraine Gambit Hurts Economy as Allies Lose Billions.
President Vladimir Putin’s brinkmanship in Ukraine has already cost some of his closest comrades billions of dollars. The other 144 million Russians may also pay a price.
Putin’s troop buildup in Crimea triggered the biggest stock selloff in five years on March 3. It also pulled the ruble to a record low, prompting the central bank to raise interest rates the most since 1998, when a cash-strapped government stumbled toward default. Longtime Putin ally Gennady Timchenkoand his partner Leonid Mikhelson lost a combined $3.2 billion of their wealth after their gas producer OAO Novatektumbled 18 percent.
“Russia will be the big loser of the crisis in Ukraine,” said Timothy Ash, chief emerging-market economist at Standard Bank GroupLtd. in London. “There’ll be a big hit to domestic and foreign confidence, less investment and likely increased outflows, likely losses for Russian banks with exposure in Ukraine, a weaker ruble and weaker growth and recovery.”
The tensest standoff with the West since the end of the Cold War is exposing the weakness of an economy rebuilt on the back of the energy industry. With oil and gas accounting for more than half of all exports and energy prices stagnant, the growth potential is all but exhausted, prompting officials in Moscow to sound the recession alarm even as the country’s main trading partners recover.
Troop Buildup
Russia needs a new, more diversified economic model to secure future expansion, Antonio Spilimbergo, the International Monetary Fund’s mission chief in Moscow, said in a report last month. The $2 trillion economy decelerated for a fourth year in 2013 as consumer spending weakened and investment sagged along with demand for energy. Growth slowed to 1.3 percent last year, the least since a 2009 recession, from 3.4 percent in 2012.

Hillary will show him when she is president.

Yeah, he sure does bluff a lot...







And of course his "bluff" is being called...





Dang, seems like Putin is serious to me.

If it helps her Portfolio,she definitely will!

Ah the wishes of a stagnant empire where some days the sun don't shine at all. And the best is yet to come.

The west is burning up the phone lines to the world bankers/IMF to borrow more worthless paper to fund their takeover of the world, while Russia and China sit on a mountain of gold and oil reserves....watching the bankers fiat dollar print itself to worthless oblivion in the west

They learned from Afghanistan........what have we learned (soon to be $20TRILLION in debt to a worthless fiat system)?

The Russian ruble is declining in the world market while Putin laughs watching that whole system crumble and tactfully removing himself from it

Meanwhile in the west........ they want our rights and guns.........

Ahh, but you fail to mention those $150 trillion or so of fiat currency floating around the world that will be coming home to roost. It is those petro dollars that have kept the US afloat all these years. There is also their friends, the British and the EU that has the Euro but is still part and parcel of the same mess. But that is drawing to a close because the Euro is in worse shape than the dollar.

The bankers know it is in trouble and that is why that are trying to rush and have a single world currency. But they keep running up against this little alliance, Russia and China that has not blossomed into BRICA.

The breakup of Russia with all the splinter countries that resulted has made Russia the prime target. But not to worry, China has agreed to watch Russia's back. But what is really important is that China and India, yeah good ole India, are two of the worlds strongest economies and they have abandoned the dollar for trade amongst the partners which also includes Iran and Syria.

So, it is the intent of the IMF to cut the Ukraine off from the ruble and getting it dealing in Euros and dollars exclusively.