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The John Batchelor Show

S8 Ep387: Guest: Anatol Lieven. The conversation turns to the $300 billion in suspended Russian assets. Lieven outlines Russia's proposal to use these funds for reconstruction or a joint investment fund to avoid confiscation, suggesting that suspending rather than

The John Batchelor Show

John Batchelor

News, Arts, Books, Society & Culture

4.52.8K Ratings

🗓️ 30 January 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

Guest: Anatol Lieven. The conversation turns to the $300 billion in suspended Russian assets. Lieven outlines Russia'sproposal to use these funds for reconstruction or a joint investment fund to avoid confiscation, suggesting that suspending rather than lifting sanctions could be a political compromise to secure U.S. Senate approval.
1855 CRIMEA

Transcript

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0:00.0

I'm John Batchel, with Ennatole-Leven at the Quincy Institute for State Stacraft, within hours of what seems a striking concession by both presidents,

0:26.3

Vladimir Putin, to acknowledge a ceasefire in certain cities, including Keith,

0:30.6

from the barrage that has damaged the infrastructure, and Mr. Trump announcing it at the

0:36.9

White House in a positive mood.

0:39.4

And also putting up Vladimir Putin's picture at the White House, we're told.

0:43.5

These are incidents.

0:45.0

But they point to agreements that are coming fast right now.

0:50.2

However, we need to follow the money because I got lost in that.

0:54.5

And at all, there are billions of dollars that were confiscated or detained or in some way not returned to Russia by our European allies.

1:04.5

There are assets all over the world.

1:06.7

What has been agreed to?

1:08.4

Where are the red lines of that money?

1:11.1

What's it for?

1:13.6

Well, the Europeans backed off from actually seizing that and giving it to Ukraine because

1:21.1

the Belgians and others would not agree because they were afraid that they would end up

1:25.3

having to foot the bill.

1:26.7

And of course, this is completely illegal under the rules of international finance

1:33.9

and the clearinghouse involved.

1:37.1

So the money remains suspended, not confiscated.

1:42.5

Russia has proposed a range of actually pretty positive ideas, you know, as opposed to simply

1:51.0

getting the money back.

1:53.4

We're talking about around $300 billion here.

...

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