Saudi Arabia Threatened to Sell Off Europe’s Bonds If EU Seized Russian Assets

Allah@lemmy.worldbanned from community to News@lemmy.world – 233 points –
Saudi Arabia Threatened to Sell Off Europe’s Bonds If EU Seized Russian Assets – Bloomberg
kyivpost.com
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I'm sure they have a large pile of money parked in Europe, just like Russia does.

Ah, sorry. I read your comment backwards.

Of course confiscating UAE assets would be a gigantic escalation and will never happen. 😔

EU is working of confiscating Russian funds so a precedent is coming.