However, these were relegated to the second division by the extraordinary award against the Russian government of $50 billion last July, in favour of Yukos shareholders claiming that Russia destroyed their oil company illegally.
I don't recall this making monster headlines at the time (CU covered it here), but that might change. Because all across Europe, law firms are diligently working up practical plans to seize Russian state assets - and last month the tip of this iceberg was sighted. In all the Greek excitement, I certainly didn't spot it.
Apparently this is all very real and maybe even imminent. There may be trouble ahead ... oh, and that EC investigation on Gazprom rumbles on. The countries of the Orthodox faiths must think us western europeans have got it in for them.
A good job the Chinese have problems of their own. More nervous days in Mariupol though, I'd suggest.
ND
7 comments:
That would be "bear baiting" :-)
it would - correction made, thanks!
"The countries of the Orthodox faiths must think us western europeans have got it in for them."
On such a tangent read Byzantium and the Crusades by Jonathan Harris. Interstesting to note how propaganda sticks over the centuries.
So you advise us to visit Russia before Russia visits us?
I was in Russia for a year and it was very, errr, interesting
so if you want to be interested ...
If the government of Country A breaks its own laws to expropriate an oligarch of Country A, how is it that a court sitting in Country B can decide to penalise Country A ? I understood that could happen for genocide or war crime, but for expropriation ?
"an Arbitral Tribunal sitting in The Hague under the auspices of the Permanent Court of Arbitration held unanimously that the Russian Federation breached its international obligations under the Energy Charter Treaty"
I only know what I read ...
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