The Selective Application of International Law: Seizing Sovereign Assets

🌍Laws can be applied selectively, undermining the principles of the rules-based order.

💰Economic power is often used as a means of economic warfare, such as through sanctions and tariffs.

🔄The West is exploring options to seize Russian assets, starting with the interest income earned by these assets.

📉Seizing sovereign assets could undermine trust in the global financial system and the status of the U.S. dollar as the world's reserve currency.

⚖️Selective application of international law raises concerns about the rule of law and the potential consequences for global stability.

Why is the selective application of international law concerning?

—The selective application of international law undermines the principles of the rules-based order and raises concerns about the rule of law and global stability.

How is economic power used as a means of warfare?

—Economic power is often used to impose sanctions, tariffs, and embargoes as a way to exert pressure and achieve desired outcomes.

What assets are the West planning to seize from Russia?

—The West is exploring options to seize Russian assets, starting with the interest income earned by these assets.

What impact could seizing sovereign assets have on the global financial system?

—Seizing sovereign assets could undermine trust in the global financial system and potentially impact the status of the U.S. dollar as the world's reserve currency.

What are the implications of the selective application of international law?

—The selective application of international law raises concerns about the rule of law and the potential consequences for global stability.

00:03Introduction: The selective application of international law.

00:09The three traditional powers of sovereign states: diplomacy, economic power, and military power.

00:25The use of economic power as a means of economic warfare.

00:51The plan to seize Russian assets, starting with the interest income earned by these assets.

03:36Belgium transferring 611 million euros to Ukraine from the interest on frozen Russian assets.

04:31The legality and implications of seizing sovereign assets.

06:13The importance of upholding international law and the potential consequences of its selective application.

07:34Conclusion and call to action: Support and subscribe for more insightful content.