Putin Says West’s ‘Theft’ of Russia’s Assets Will Not Go Unpunished 

Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)
Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)
TT

Putin Says West’s ‘Theft’ of Russia’s Assets Will Not Go Unpunished 

Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)
Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)

President Vladimir Putin said on Friday that plans by Western countries to provide Ukraine with loans using interest from Russian assets frozen abroad was theft and would not go unpunished. 

Putin, speaking at a meeting with Foreign Ministry officials, said the way the West had treated Moscow showed that any country could fall victim to a similar Western asset freeze. 

"Despite all the chicanery, theft will certainly remain theft. And it will not go unpunished", Putin said. 

"Now it is becoming obvious to all countries, companies (and) sovereign funds that their assets and reserves are far from safe in both the legal and economic sense of the word. 

"Anyone could be next in line for expropriation by the US and the West." 

Putin was speaking a day after the leaders of the Group of Seven major democracies agreed on an outline deal to provide $50 billion of loans for Ukraine using interest from Russian sovereign assets frozen after Moscow sent tens of thousands of troops into Ukraine in 2022 in what it called a special military operation. 



Australia Warns of Malicious Websites after Cyber Outage

20 July 2024, Australia, Melbourne: People are seen waiting in the International departures terminal at Melbourne Airport. Photo: James Ross/AAP/dpa
20 July 2024, Australia, Melbourne: People are seen waiting in the International departures terminal at Melbourne Airport. Photo: James Ross/AAP/dpa
TT

Australia Warns of Malicious Websites after Cyber Outage

20 July 2024, Australia, Melbourne: People are seen waiting in the International departures terminal at Melbourne Airport. Photo: James Ross/AAP/dpa
20 July 2024, Australia, Melbourne: People are seen waiting in the International departures terminal at Melbourne Airport. Photo: James Ross/AAP/dpa

Australia's cyber intelligence agency said on Saturday that "malicious websites and unofficial code" were being released online claiming to aid recovery from Friday's global digital outage, which hit media, retailers, banks and airlines.
Australia was one of many countries affected by the outage that caused havoc worldwide after a botched software update from CrowdStrike.
On Saturday, the Australian Signals Directorate (ASD) - the country's cyber intelligence agency - said "a number of malicious websites and unofficial code are being released claiming to help entities recover from the widespread outages caused by the CrowdStrike technical incident".
On its website, the agency said its cyber security center "strongly encourages all consumers to source their technical information and updates from official CrowdStrike sources only".
According to Reuters, Cyber Security Minister Clare O'Neil said on social media platform X on Saturday that Australians should "be on the lookout for possible scams and phishing attempts".
Friday's outage hit Commonwealth Bank of Australia, the country's largest bank, which said some customers were unable to transfer money. National airline Qantas and Sydney airport said planes were delayed but still flying.
Prime Minister Anthony Albanese said late on Friday that there had been no impact to critical infrastructure, government services or emergency phone systems.
CrowdStrike - which previously reached a market cap of about $83 billion - is a major cybersecurity provider, with close to 30,000 subscribers globally.