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#asset seizure
allthecanadianpolitics · 11 months
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Days after Canada said it is seizing a Russian-registered cargo aircraft, Moscow is warning that ties between the two countries are “already on the verge of being severed.”
And the seizure would have “serious repercussions” for Canada-Russian relations, the Kremlin said.
The Antonov 124 plane will be the first Russian physical asset captured by Canada under its asset forfeit law and second under the federal government’s sanctions regime. It comes more than a year after the plane first landed in the country at Toronto’s Pearson International Airport.
Ottawa announced the planned seizure of the aircraft on Saturday as Prime Minister Justin Trudeau made a surprise visit to Kyiv, Ukraine. Officials said the seizure was a direct response to Russia’s ongoing invasion of Ukraine.
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Tagging: @politicsofcanada
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aunti-christ-ine · 1 month
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originalleftist · 1 month
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Happy Asset Seizure Day Eve!
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russianreader · 9 months
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Em Uyaya'am (Things I Saw, Read and Watched This Week)
Asilomar State Beach, 21 July 2023. Photo by the Russian Reader Who is Girkin? Igor Girkin (Strelkov) is an ethno-fascist FSB officer and the warlord who prepared the ground and then launched the war in Donbas in 2014. He stated that without him, “there wouldn’t be any war”. He is also responsible for ordering the execution of numerous civilians, for which he still face justice. He was…
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if-you-fan-a-fire · 2 years
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“Women can’t vote in Bermuda. Mrs. W. E. Tucker, as a gesture of protest, refused to pay taxes. So a constable (left) auctioned off some of her furniture to defray the level on her property and Mrs. Tucker is shown (at right) frowning upon the proceedings.”
- from the North Bay Nugget. May 21, 1932. Page 2.
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bijoumikhawal · 2 years
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I mean every time I see this post I side eye it because Mx. Web is right but yeah I guess it's somehow a twitter thing
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cospinol · 2 years
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Finally looked at the charts for summer anime and it looks like everything is going to be bad again. I miss idatennn
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jobaaj · 14 hours
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HAVE YOU HEARD: It’s Russia vs the USA! Both countries could seize each other’s assets!! Recently, the United States allocated a substantial $61 billion aid package for Ukraine. Yet, it may come as a surprise to many that alongside this assistance, the US also enacted the REPO Act, a financial measure specifically targeting Russia and holding it accountable for its actions. The Rebuilding Economic Prosperity and Opportunities for Ukrainians (REPO) Act empowers authorities to identify and seize Russian assets within the United States, facilitating their transfer to Ukraine for economic revitalization and growth.
While only $5 billion of Russian assets are in the US, a total of $300 billion worth of assets are stuck in European institutions! With the US taking the initiative, it could prompt more governments to seize Russian assets to support Ukraine!! Russia has slammed the move. It has claimed that such a move is unconstitutional and if forced, Russia would alter its laws to facilitate the seizure of all the assets of the US government and investors in favor of the Russian state!! Should the US seize Russian assets? Is this a valid legal move?? Follow Jobaaj Stories (the media arm of Jobaaj.com Group) for more.
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kazifatagar · 1 year
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Luxembourg Confiscates PETRONAS Units in RM66 bil Case
Luxembourg court bailiffs have issued a second seizure order for two units of Malaysian state oil firm, PETRONAS, following the bid by the descendants of a former sultanate to enforce a $14.9bn or RM66 bil arbitration award against Malaysia. The heirs of the last Sultan of Sulu are seeking to enforce the award granted to them by a French arbitration court last year, amid a long-running dispute…
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emperornorton47 · 1 year
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Mr. Pizza Box loses another one. Don't mess with Romanian justice.
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sayruq · 10 days
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The US House of Representatives passed a series of pivotal policy bills on Saturday that would see $95 billion in foreign war and military funds, a potential ban on TikTok in the country, the seizure of frozen Russian sovereign assets, and new sanctions on Iran. The Israel Security Supplemental was approved with an overwhelming vote of 366-58. This bill includes a prohibition on sending funds to the United Nations Relief and Works Agency UNRWA as the genocide in Gaza nears its 7-month mark. The funding package allocates $26.4 billion in aid to the occupation entity, $4 billion for the Iron Dome and David's Sling missile defense systems, and $1.2 billion for the Iron Beam defense system. Additionally, $4.4 billion is allocated to replenish military items and services provided to "Israel," while $3.5 billion is earmarked for the procurement of advanced weapons systems and other items through the Foreign Military Financing Program. Furthermore, it includes $9.2 billion in public assistance, including emergency food, shelter, and basic services, to populations experiencing crises. It also provides additional flexibility for transfers of military hardware to "Israel" from US stockpiles held in other countries.
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eisunoh · 2 years
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ebuddynews · 2 years
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The Biggest Chinese Tech Company, Xiaomi, To Face The Heat In India
The Biggest Chinese Tech Company, Xiaomi, To Face The Heat In India After being accused of illegal money transfers from India, it seized many assets of Xiaomi, which led the company to face the heat in India #Xiaomi #Xiaomicompany #illegalmoney #Moneytransfer #India #Seizure #apps #banneed #china #Chinesecompanies #Technology #techcompany #technews #indianews #Xiaominews #MI #Smartphones
After accusing it of illegally moving money out of the country, India has seized more than $700 million from Xiaomi, one of the biggest tech companies in China, to face the heat. On Friday, the Enforcement Directorate of India, the main financial investigation agency of the country, accused the Indian subsidiary of smartphone maker Xiaomi of violating foreign exchange laws by making illegal…
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comic-sans-chan · 23 days
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cursed modern human garashir au where ds9 is an old ruined resort that was built by some evil rich motherfuckers years ago and was recently seized back by the native people whose land and economy it had destroyed. it's since been converted into an affordable apartment complex sort of situation (just... with a pool, bar, restaraunts, spa and tennis court built into it lol) and is run by sisko and kira. since it is rundown, odo gets hired back on to keep kids from further vandalizing it and o'brien's team gets hired on from the nonprofit organization sisko works for to fix the place up best he can. dukat is the old overseer of the property who drops by sometimes to remind them he and his hospitality business still exist, and my, what a fine job they’ve done renovating the place! it’s actually nice again. sure would be a shame if someone bought the property out from under them (lmao jk kardasi hospitality and starfleet are friends! no hard feelings. they should collaborate on some future projects, actually).
garak's a sad bitch who just lost his amazing morally dubious nepotism career at obsidian corp. (which absorbed kardasi hospitality) and moved into the complex just for the comfortingly familiar architecture. even tho he's not on the payroll for his (secret) dad's evil exploitative company anymore he's still vital to its continued efficiency and is an absolute sucker who still does unpaid shady work for them from time to time. so no one in the complex likes him, but also he's a very pleasant and fastidious queer man who pays his rent on time and has completely taken over the laundry room, to the benefit of everyone, because all the machines actually work now, it's always tidy, and there's a variety of forever-stocked detergents and soaps available, plus an iron?? there was not an iron before garak moved in. which is how it eventually becomes public knowledge that garak has an online tailoring and fashion design business, and he's actually pretty good at restoring clothes that get fucked by the washing machine or eaten by rats, soooo. yeah. they let him stick around.
meanwhile julian's a hot doctor who works at the local hospital and is absolutely buried in student debt that he refuses to let his moderately-wealthy family help him with because they're awful people who had him on illegal drugs without his knowledge since he was a little kid. they were afraid he had something wrong with him, apparently. he was too far behind in his class or w/e. they couldn't handle having a kid with special needs, so they pumped him full of dangerous experimental stimulants. only reason he found out is because he snuck off somewhere to start transitioning and had some tests done that revealed all the crazy shit in his system. he's insanely lucky he didn't end up in the hospital with seizures or fall into a coma or worse. not to mention his parents still dead-name him left and right over a decade later. it's a whole mess and a huge secret, because he technically has a history with illegal drug abuse, and it's a partially ongoing history because going cold turkey off drugs he's been on since he was six is Not A Good Idea, so??? fuck his life, actually. he lives in the apartment just down the hall from garak's. 
garak hates the country his dad's company expanded into and would like nothing better than to move back home, but it's not really logistically possible. especially since everyone there hates him cuz his (secret) dad's company is a mega-corporation that's completely taken over everything p much and is a complete monopoly nightmare, and he did... kinda... work there for decades. no one would hire him if he went back. it would be an extreme conflict of interest, since everyone wants to stay on tain's good side, including garak. but starfleet is interested in him, so he does some begrudging contract work for them sometimes, but he really has no desire to join them. he just wants to resume his old career and reclaim his assets.
julian's hospital is owned by starfleet, tho. his scholarship into medical school was also from starfleet, in fact--they're the only reason he was able to (sort of) afford becoming a doctor at all. so he's a big fan, even tho they are pretty hardcore anti-drugs in a way that's made him have to forge medical records and risk serious legal charges and prison time. julian comes across as a squeaky clean medical professional and an adorable idiot, but he's intimately familiar with back-alley dealings. which is kind of how he ends up helping garak with his drug addiction, and keeps said addiction off the record.
but basically, how it begins is julian likes to support the local restaurants in the complex and garak finds him there and thinks he's gorgeous, and it proceeds as expected. they fuck nasty and become codependent. ten years later, julian lives in a modest house with garak in his home country and garak irons all his old university hoodies.
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mariacallous · 4 months
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Ukraine’s daring attack on a major Russian warship in occupied Crimea in the small hours of Dec. 26 was one more episode in Kyiv’s strategy to deny Russia control over the Black Sea. With most of its ships driven out of its home port in Sevastopol, the Russian Black Sea Fleet can no longer find safe haven anywhere along the Crimean Peninsula. All ports there are now vulnerable to attack.
The Institute for the Study of War tells the story with data, showing that Sevastopol saw a steady decline in the number of Russian naval vessels in port between June and December 2023; by contrast, Novorossiysk on the Russian mainland farther east showed a steady gain. While Russia has been going all-out to attack Ukraine’s infrastructure, its risky move to deploy ships and submarines armed with Kalibr missiles in the Black Sea is exposing them to potential Ukrainian attack. It is a tacit acknowledgment that Russia can no longer depend on Crimean ports and launch sites.
Ukraine’s success has been due to domestically produced missiles and drones, sometimes launched using Zodiac boats or jet skis. But its most potent attacks have come from the air, where Ukraine has used its Soviet-era fighter aircraft to launch both domestically produced and NATO-supplied missiles. These attacks have taken place with the protection of Ukraine’s advanced air defenses—including newly supplied foreign ones—which are regularly shooting down the majority of Russian missiles and drones destined for Ukrainian targets.
Ukraine thus has made significant strides denying Russia control of both the sea and airspace over and around its territory, thereby preventing the Russian Navy and Air Force from operating with impunity. But is that enough for Kyiv to win? To many Western observers, victory doesn’t seem possible in the face of wave after wave of Russian troops grinding down Ukrainian defenders. Ukraine’s strategy to deny Russia free use of its sea and airspace may be working, but as things stand, it cannot defeat the Russian army on the ground, nor can it defend against every missile striking civilian targets.
Indeed, the current conventional wisdom in large parts of the West is that Ukraine is losing the ground war, leaving no pathway to victory for the country as Russia pounds Ukrainian civilians into submission. Kyiv might as well call for a cease-fire and sue for peace.
The trouble with this scenario is that it spells defeat not only for Ukraine, but also for the United States and its allies in Europe and Asia. It would embolden both Russia and China to pursue their political, economic, and security objectives undeterred—including the seizure of new territory in Eastern Europe and Taiwan.
But is the conventional wisdom right—or does Ukraine’s clever success at sea and in the air suggest that a different outcome is possible? Perhaps the Russian army can be defeated by making use of Ukraine’s willingness to fight in new ways. If you asked a U.S. military professional, the key to dislodging the Russians is to subject them to relentless and accurate air attacks that are well synchronized with the maneuver of combined arms forces on the ground. While the Ukrainians are admirably using the weapons at hand to strike Russian forces both strategically, as in Crimea, and operationally, as in hitting command and logistics targets, success at the tactical level has remained elusive. To achieve a tactical breakthrough on the ground front that leads to operational and strategic success, they will need to be more effective from the air.
For power from the air to be decisive in 2024, the Ukrainian Armed Forces must create temporary windows of localized air superiority in which to mass firepower and maneuver forces. Given the Ukrainians’ success in denying their airspace to Russia at points of their choosing, such windows are possible using the assets they already have at hand. More and better weapons tailored to this scenario would make them more successful across the entire front with Russia.
Gen. Valery Zaluzhny, the commander of the Ukrainian Armed Forces, acknowledges that to break out of the current positional stalemate—which favors Russia—and return to maneuver warfare, where Ukraine has an advantage, Ukrainian forces need air superiority, the ability to breach mine obstacles, better counter-battery capability, and more assets for electronic warfare. Specifically, he argues for three key components. First, armed UAVs that use real-time reconnaissance to coordinate attacks with artillery (which could include properly armed Turkish-built TB2s, MQ-1C Gray Eagles, MQ-9 Reapers, or bespoke cheap and light UAVs capable of employing the necessary weapons). Second, armed UAVs to suppress enemy air defenses, as well as medium-range surface-to-air missile simulators to deter Russian pilots. And third, unmanned vehicles to breach and clear mines.
Although the technologies are new, this combination of capabilities recalls the method U.S. and allied NATO forces practiced during the Cold War in West Germany to confront numerically superior Warsaw Pact ground forces protected by layered air defenses. The Joint Air Attack Team (JAAT) was developed to synchronize attack helicopters, artillery, and close air support by fighter planes to ensure a constant barrage of the enemy in case of a ground force attack. Pooling NATO assets in this way was designed to give the alliance’s forces the mass, maneuverability, and flexibility needed to overcome superior numbers, avoid a war of attrition, and escape the type of bloody slugfest that characterizes the current stalemate in Ukraine.
In Ukraine’s case, a modernized JAAT would encompass, among many things, armed UAVs carrying Maverick and Hellfire missiles, loitering munitions, precision-guided artillery shells, and extended-range standoff missiles fired by aircraft. These systems would be coordinated in an electromagnetic environment shaped by Ukrainian operators to dominate the local airspace, saturate the battlefield with munitions, and clear mines to open the way for a ground assault. This updated JAAT—let’s call it electronic, or eJAAT—would create a bubble of localized air superiority that would advance as the combined arms force advances under the bubble’s protection.
Given Russia’s willingness to endure significant casualty rates, the eJAAT could be even more effective on defense: Massing firepower against advancing troops through an eJAAT might result in a stunning rout of the attackers, opening opportunities for Ukraine to strategically exploit the sudden change of fortunes.
Zaluzhny has made it publicly clear that “the decisive factor will be not a single new invention, but will come from combining all the technical solutions that already exist.” Like all good commanders, Zaluzhny is painfully aware that the 2023 campaign didn’t work as well as he had intended. Even so, and to their advantage, the Ukrainians have clearly demonstrated their innovative talents, willingness to exploit Western methods, and total commitment to victory. U.S. and European assistance to work with them on how to better manage operational complexity and combine technology, information, and tactics in more dynamic ways, coupled with security assistance tailored to the eJAAT approach, would return movement to the now-static battlefield and give Ukraine a fighting chance.
If Ukraine can achieve the momentum in the ground war that evaded it during its failed summer offensive, Kyiv will have a real pathway to victory. That pathway will run through Ukraine’s demonstrated prowess at sea and in the air, joined to an embrace of a sophisticated combination of techniques on the ground. It will be a pathway to victory not only for Ukraine, but also for the United States and its allies.
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