S8 Ep211: EUROPE SCROUNGES FOR FUNDS AMID RUSSIAN ASSET DISPUTES Colleague Michael Bernstam. The UK threatens to seize proceeds from the sale of Chelsea FC for Ukraine aid, while the EU struggles to finance a $135 billion shortfall for Kyiv. European leaders propos
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 19 December 2025
⏱️ 9 minutes
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| 0:00.0 | This is CBSI on the world. |
| 0:06.9 | I'm John Batchel. |
| 0:07.8 | Michael Bernstein, |
| 0:08.5 | my good colleague joins me from the Hoover Institution to comment on |
| 0:11.9 | scrounging for money in Europe here at the holiday time of year. |
| 0:17.7 | The first is scrounging in the European Union and NATO. We go to headlines out of London. |
| 0:25.5 | The Prime Minister of Great Britain, Sir Kier Starrmer himself, quote, has threatened to seize the two and a half million pound proceeds from the sale of Chelsea Football Club from Roman |
| 0:39.7 | Abramovich, a Russian oligarch, to aid Ukraine's war efforts. The government said it had issued |
| 0:46.0 | a license that permits the transfer. Michael, the scrounging in Russia is more desperate, but |
| 0:53.0 | this got my attention because Cirqueier-Starmer doesn't |
| 0:56.4 | have the cash in his own pocket to help Ukraine, but he does think confiscating the swag of a Russian |
| 1:05.1 | oligarch makes poetic sense. Now, I want to conjoin this with what we discussed last week. All of the European Union is |
| 1:12.9 | looking for money, and they know their frozen Russian assets, some of which is in Belgium, but Belgium |
| 1:18.9 | says no way we're going to let you touch it because we're on the hook for it. Have they found a solution |
| 1:24.0 | for either Abramovich's $2.5 billion |
| 1:27.5 | because he's protesting |
| 1:28.6 | or the, what is it, $180 billion, |
| 1:31.4 | some big number out of Belgium. |
| 1:33.4 | Have they figured it out in the week since? |
| 1:35.4 | Good evening to you. |
| 1:36.5 | Good evening to you. |
| 1:38.0 | With the Chelsea Club, it's simple, it's soccer. |
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