Such action could undermine trust in the international economic system The potential confiscation of Russian assets abroad could lead to the collapse of the international system of political economy, Financial Times reported on Tuesday, citing analysts. An outright seizure of Moscow’s wealth would be viewed as crossing a political Rubicon, according to Simon Hinrichsen, a visiting fellow at the London School of Economics, as quoted by the media. “It would essentially be an action that does away with the international political economy system we have set up over [recent] decades,” the economist said. Earlier in the
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