A group of unmasked gangsters are running wild on the earth.
Shortly ago, the European Union in collusion with the US committed such an outrageous act as deducting 1.5 billion euros from the Russian assets it has frozen at random at financial institutions of its member states and transferring them to weapons funds supporting Ukraine.
This is a violation of the principle of international law, which stipulates that the assets of another country in the territory of a country are inviolable, and a wanton encroachment on state sovereignty and private property rights. It can never be justified in any case and with anything.
The Russian government said that any attempt of the Western countries to confiscate Russian assets will be branded as stealing and will not escape punishment and no matter what rhetoric they may make, theft will remain theft.
The unbiased world public censured it as a clear illegal act, expressing serious concern over the fact that it would be a bad precedent for the disposal of state assets in dispute and an act of harming international financial stability.
But the US and the West are advertising their unheard-of robbery as a well-intended act for “peace and security”, claiming that emergency measures are necessary in the extraordinary period and there is no greater symbolism than making Ukraine and the whole of Europe safer with the funds of the Kremlin.
Is the robbery for “peace and security” acceptable?
There is no pretext for justifying robbery and theft in the world.
It is an open fact that the US and the West were seeking Russia’s overseas assets to fill up their financial resources which are running out in the long-term Ukrainian crisis.
As recently disclosed by the US Department of Treasury, the US national debt has reached the worst phase beyond 35 trillion US dollars and the other Western countries, too, are not placed in a position to look after others due to their poor economic situation.
Meanwhile, Ukraine spends more than 136 million US dollars every day and more than 4 billion US dollars every month for military expenditure.
The Russian assets frozen by the West, which cannot but make every effort for running the Russian war machine, are no more than a lump of oily meat.
In order to calm down the internal differences in view and international legality at any cost, the US and the West have thrust themselves into the robbery in group while competitively faking up legal frameworks for allowing the seizure of the assets of a sovereign state.
The EU decided to allocate 90 percent of the earnings of the frozen assets of the Central Bank of Russia to the supply of military assistance to Ukraine and the remaining 10 percent to other items. This clearly shows its real intention to prolong the bloody war and slaughter on the European Continent, not to end the war.
No matter how hard the U.S. and its followers may describe their act as one for "peace in Ukraine" and "security in Europe", they cannot conceal their atrocious nature turned into a worldwide gangster group. And it will be another evidence of proving their predatory, arrogant and shameless nature.
The world people are stunned by the ignorant and rude robbery of the US and the West which is not the first and the last.
The US and the West will have to pay dearly for their plunder, irrespective of international law, market rules, enemy or ally.
More From Pyongyang Times
Kim Jong Un, general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s
November 05, 2025
Kim Jong Un, general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s
The Russian Foreign Ministry warned against Japan’s recent provocative military moves.Japan staged military exercises in different
November 05, 2025
The Russian Foreign Ministry warned against Japan’s recent provocative military moves.Japan staged military exercises in different
DPRK players proved successful at the 14th Asian Acrobatic Gymnastic Championships held in India from October 31 to November 2. Ro
November 05, 2025
DPRK players proved successful at the 14th Asian Acrobatic Gymnastic Championships held in India from October 31 to November 2. Ro
The Pyongyang General Hospital opened in the DPRK on November 3. The medical workers and employees of the hospital are determined
November 05, 2025
The Pyongyang General Hospital opened in the DPRK on November 3. The medical workers and employees of the hospital are determined
New villages with unique architectural beauty have been built at the Nongpho Vegetable Farm in Chongjin City, North Hamgyong
November 05, 2025
New villages with unique architectural beauty have been built at the Nongpho Vegetable Farm in Chongjin City, North Hamgyong
Pak Thae Song, member of the Presidium of the Political Bureau of the Central Committee of the Workers' Party of Korea and premier
November 05, 2025
Pak Thae Song, member of the Presidium of the Political Bureau of the Central Committee of the Workers' Party of Korea and premier
Large greenhouse vegetable farms are now boosting vegetable crop yields. The Kangdong Combined Greenhouse Farm has steadily raised
November 05, 2025
Large greenhouse vegetable farms are now boosting vegetable crop yields. The Kangdong Combined Greenhouse Farm has steadily raised
The delegation of Kim Chaek University of Technology led by President Pak Ji Min returned home on November 3 after attending an
November 05, 2025
The delegation of Kim Chaek University of Technology led by President Pak Ji Min returned home on November 3 after attending an
The agricultural sector of the DPRK works hard to thoroughly apply the scientific farming-first principle. All the farmers are
November 05, 2025
The agricultural sector of the DPRK works hard to thoroughly apply the scientific farming-first principle. All the farmers are
A spokesman for the Defense Ministry of China decried the US’ manoeuvres for division at a press conference on October 30.Shortly
November 04, 2025
A spokesman for the Defense Ministry of China decried the US’ manoeuvres for division at a press conference on October 30.Shortly
A quarterfinal between the DPRK and Japanese teams for the 2025 FIFA U-17 Women's World Cup took place on November 1 (local time).
November 04, 2025
A quarterfinal between the DPRK and Japanese teams for the 2025 FIFA U-17 Women's World Cup took place on November 1 (local time).
Japan has grown ever more undisguised in its moves to possess the capability for preemptive attack. It has recently launched
November 04, 2025
Japan has grown ever more undisguised in its moves to possess the capability for preemptive attack. It has recently launched
DPRK players won gold medals at four events of the 2025 Asian Cup Rowing Games held in China. Ri Yun Gyong and Ri So Yon took
November 04, 2025
DPRK players won gold medals at four events of the 2025 Asian Cup Rowing Games held in China. Ri Yun Gyong and Ri So Yon took
New houses have been built at the Township, Jiksol and Jigyong stockbreeding farms in Kim Hyong Gwon County of Ryanggang Province.
November 04, 2025
New houses have been built at the Township, Jiksol and Jigyong stockbreeding farms in Kim Hyong Gwon County of Ryanggang Province.
The grand mass gymnastics and artistic performance “Long live the Workers’ Party of Korea” was staged in splendour at May
November 04, 2025
The grand mass gymnastics and artistic performance “Long live the Workers’ Party of Korea” was staged in splendour at May
Kim Jong Un, general secretary of the Workers' Party of Korea and president of the State Affairs of the Democratic People's
November 04, 2025
Kim Jong Un, general secretary of the Workers' Party of Korea and president of the State Affairs of the Democratic People's
Jo Yong Won and Ri Hi Yong, secretaries of the Central Committee of the Workers' Party of Korea, made a field survey of the Jenam
November 03, 2025
Jo Yong Won and Ri Hi Yong, secretaries of the Central Committee of the Workers' Party of Korea, made a field survey of the Jenam
A home-visiting group of students in their final year at Korea University of the General Association of Korean Residents in Japan
November 03, 2025
A home-visiting group of students in their final year at Korea University of the General Association of Korean Residents in Japan
Self-reliance is the immutable course of development of the Korean revolution. The respected Comrade Kim Jong Un made the truth
November 03, 2025
Self-reliance is the immutable course of development of the Korean revolution. The respected Comrade Kim Jong Un made the truth
The home-visiting group of students in their final year at Korea University of the General Association of Korean Residents in
November 03, 2025
The home-visiting group of students in their final year at Korea University of the General Association of Korean Residents in
More Articles