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Home    Africa News Today    Russia Issues Economic Ultimatum, China Drops Stimulus Bombshell To Counter G7 Threats
Africa News TodayReuters Africa1 May 2024

Russia Issues Economic Ultimatum, China Drops Stimulus Bombshell To Counter G7 Threats

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Russia Issues Economic Ultimatum, China Drops Stimulus Bombshell To Counter G7 Threats


In response to the US passing a bill to seize the frozen assets, Russia has issued an ultimatum to the West. It has threatened the US and Europe with counter-seizure and a response that will hurt the Western financial system. Meanwhile, China is moving ahead to accelerate their industrial growth. To accomplish this, they are about to unleash a…

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BRICSBRICS vs G7China buying goldchina economyChina EVsChina industrial growthChina overcapacityChina stimulusde-dollarizationdollareconomic crisiseconomic newsFrozen Russian AssetsFrozen Russian ReservesG7Goldinvesting newsrecessionrecession 2024reserve currencyRussia asset seizureRussia central bank assetsRussia ECBRussian assetsRussian economyRussian reservesRussian revenuesrussian sanctionsUS dollarUSDUSD vs Yuan
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26 Comments

  1. @JenHope883 says:
    1 May 2024 at 7:17 am

    It says it will do it, but always fail to honor its words. But now it is robbing Peter to pay Paul, legal bank deposits and assets stolen without your permission! Omg! what a despicable country!

    Reply
  2. @Marcbendini says:
    1 May 2024 at 7:17 am

    Russia is saving the world from USA stupidity and their corrupt politicians and Industrial Military Complexes. Viva la Russia, just sad to all those ordinary hard working USA citizens.

    Reply
  3. @donaldsherman660 says:
    1 May 2024 at 7:17 am

    CHINESE PRODUCTS ARE GARBAGE RIGHT FROM THE FACTORY SOMRTIMES IT DOESNT EVEN MAKE IT OUT OF THE PACKAGE WITHOUT BEING BROKEN GARBAGE

    Reply
  4. @jackcat3745 says:
    1 May 2024 at 7:17 am

    We support Russia.

    Reply
  5. @donchan5874 says:
    1 May 2024 at 7:17 am

    95 billion $$$…love 2 usA taxpayers…❤

    Reply
  6. @000T00b says:
    1 May 2024 at 7:17 am

    If the US, UK and EU go ahead with their little plan, they will doom any future prospects for the health of their own economies forever by the biggest theft of another sovereign country’s assets. Who wants to trade with thieves ? Trust is a fundamental requirement of any relations, especially trade and without it, the global south will only accelerate their attempts to de-risk themselves by rather trading amongst one another in their own currencies, rather than expose themselves to the erratic political whims of the west.

    Reply
  7. @bobwilk5155 says:
    1 May 2024 at 7:17 am

    Anglo-Saxon by Blackmail Russia and China digging graves for themselves.
    They are depend more on Import and investments than Russia and China.
    Just go to the store and see who is providing merchandise.

    Reply
  8. @MrDayinthepark says:
    1 May 2024 at 7:17 am

    It doesn't look like China is going to obey the US's wishes, and that doesn't surprise me. China's growth model is a global leadership position. If they stay that course, they will do very well.

    Reply
  9. @user-rm8yn2tr7e says:
    1 May 2024 at 7:17 am

    Russia is like Monty Python's Black Night making threats when they can't even feed and clothe their soldiers. The are toothless and only bots like your channel praise theses busted economies – China & Russia

    Reply
  10. @user-px2sn8pr5t says:
    1 May 2024 at 7:17 am

    good content , please get an accent reduction coach. you sound like you have a sinus infection

    Reply
  11. @bababuyiekaban7942 says:
    1 May 2024 at 7:17 am

    Stealing is never a good option in dire and desperate situation which is exactly what the US and EU are trying to do here and pretend like they can justify their actions.

    Reply
  12. @user-mw4go7ez9t says:
    1 May 2024 at 7:17 am

    Who cares what Russia thinks or what their red lines are. They are being banished to the dust bin of history anyway, even they now know it.

    Reply
  13. @wdmeister says:
    1 May 2024 at 7:17 am

    Putins FINAL ultimatum episode 42069 😆

    Reply
  14. @user-xp2oy2vu5h says:
    1 May 2024 at 7:17 am

    US will cross the line. They want to destroy Russia for WEF Communists one world government

    Reply
  15. @Cedartreetechnologies says:
    1 May 2024 at 7:17 am

    The bill passed. WW3 is already kinetic. If you want change, vote differently.

    Reply
  16. @KGopidas says:
    1 May 2024 at 7:17 am

    Is the money available?

    Reply
  17. @claudiojnrripoll3725 says:
    1 May 2024 at 7:17 am

    good on china, smart strategy to supplement incone and create economic stability

    Reply
  18. @bradleypaulus2926 says:
    1 May 2024 at 7:17 am

    Boy, the Chinese continue to amaze me. Their new stimulus plan is very smart.

    Reply
  19. @williamt980 says:
    1 May 2024 at 7:17 am

    US excelled in bullying .blackmail through sanctions and bullshitting

    Reply
  20. @peterazlac1739 says:
    1 May 2024 at 7:17 am

    It is debatable whether Europe is more susceptible than the USA. The latter needs to issue bonds to finance its extreme debt but China and others who previously could be relied on to buy them are cashing them in so increasing the amount required to be financed . In addition the dollar owes its strength as a reserve currency for the needs of countries to pay for oil and other goods in dollars to use the SWIFT payment system. But with BRICS setting up its own payment system and oil now being traded in local currencies or yuan there is less need for countries to hold dollars and every incentive to cash in their bonds. Also the US has relied on starting wars to induce individuals and companies to move assets into the dollar a safe haven but BRICS has now switched this to gold. Since the Euro is not a reserve currency it does not have this problem but does have one of debt finance if its trade with China declines, especially as declining to take Russian gas and silo except through the back door at high prices it is crippling its industries.

    Reply
  21. @jonathanlee5185 says:
    1 May 2024 at 7:17 am

    Thanks 👍

    Reply
  22. @johnbuck6685 says:
    1 May 2024 at 7:17 am

    Kiev might be corrupt but so are all countries they didn’t deserve tan unprovoked attack no Putin is the bad guy here don’t try to spin it any other way

    Reply
  23. @1971gift says:
    1 May 2024 at 7:17 am

    China's other option is to support the growth in markets in the Global South…especially Africa. Exporting its model–training labour and tech transfer/partnerships in exchange for resources and subsides.

    Reply
  24. @wangjim5839 says:
    1 May 2024 at 7:17 am

    China needs to challenge the US accusation of Overcapacity nonsense claim. Germany, Japan and South korea, all US allies, are producing much more vehicles than their local consumption and have to export these surpluses to the world! That export percentage far exceeds that of China.

    Reply
  25. @NancyJFordham says:
    1 May 2024 at 7:17 am

    Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..

    Reply
  26. @user-cy3ce1gy7o says:
    1 May 2024 at 7:17 am

    Pirates of the America – The Sad Saga Continues

    Reply

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