Profits from immobilized funds will further enrich arms producers and will not help Ukrainians, Angelo Giuliano has predicted The EU’s plan to tap profits from immobilized Russian assets to buy arms for Ukraine is benefiting Western weapons producers and not the people of the country, Hong Kong-based financial consultant Angelo Giuliano told RT. Brussels intends to spend some $1.5 billion generated by Russian national wealth seized by the EU to procure military equipment and munitions for Kiev and bolster the Ukrainian defense industry, foreign policy chief Josep Borrell announced on Monday. The goal is to do so “
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