February 01, 2026Feb 01, 2026
KCNA Pyongyang Times

KCNA commentary on US and EU’s robbery

Date: 05/08/2024 | Source: Pyongyang Times | Read original version at source

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

Russian president’s press secretary censures European politicians

Russian president’s press secretary censures European politicians

Dmitri Peskov, the Russian president’s press secretary, described European politicians as pitiable persons at a press conference o

January 31, 2026

Dmitri Peskov, the Russian president’s press secretary, described European politicians as pitiable persons at a press conference o

WHO director general censures US for quitting the organization

WHO director general censures US for quitting the organization

On January 22, the US formally left the WHO. The US claimed that its decision to leave the WHO was a reflection of the

January 31, 2026

On January 22, the US formally left the WHO. The US claimed that its decision to leave the WHO was a reflection of the

New history of socialist rural construction (2)

New history of socialist rural construction (2)

Strategic plan based on long-cherished desire The respected General Secretary Kim Jong Un unveiled a grand blueprint for the

January 31, 2026

Strategic plan based on long-cherished desire The respected General Secretary Kim Jong Un unveiled a grand blueprint for the

Cement complex fulfils monthly plan

Cement complex fulfils monthly plan

The Sangwon Cement Complex carried out its national economic plan for January ahead of schedule. The complex conducted

January 31, 2026

The Sangwon Cement Complex carried out its national economic plan for January ahead of schedule. The complex conducted

Russian FM spokeswoman decries reckless remarks of French president

Russian FM spokeswoman decries reckless remarks of French president

Maria Zakharova, a spokeswoman for the Russian Foreign Ministry, criticized the French president for his provocative remarks at a

January 30, 2026

Maria Zakharova, a spokeswoman for the Russian Foreign Ministry, criticized the French president for his provocative remarks at a

Innovations made in timber production in Jagang Province

Innovations made in timber production in Jagang Province

The Jagang Provincial Forestry Management Bureau is making innovations in the winter timber production. Thanks to the devoted

January 30, 2026

The Jagang Provincial Forestry Management Bureau is making innovations in the winter timber production. Thanks to the devoted

Cement and corrugated paper factories inaugurated

Cement and corrugated paper factories inaugurated

North Hwanghae Province has remodelled the Unpha Cement Factory and the Unpha Corrugated Paper Mill. Their successful renovation

January 30, 2026

North Hwanghae Province has remodelled the Unpha Cement Factory and the Unpha Corrugated Paper Mill. Their successful renovation

Meeting held to review farming in 2025

Meeting held to review farming in 2025

A meeting to review the farming in 2025 took place at the Cabinet on January 27 and 28 through video conferencing. The meeting was

January 30, 2026

A meeting to review the farming in 2025 took place at the Cabinet on January 27 and 28 through video conferencing. The meeting was

Credentials of Iranian ambassador accepted

Credentials of Iranian ambassador accepted

Kim Jong Un, president of the State Affairs of the Democratic People’s Republic of Korea, was presented with the credentials of

January 30, 2026

Kim Jong Un, president of the State Affairs of the Democratic People’s Republic of Korea, was presented with the credentials of

Modern farmhouses built in South Hwanghae Province

Modern farmhouses built in South Hwanghae Province

Modern houses have appeared at the Churung Farm in Samchon County and the Sinhwanpho Farm in Jaeryong County of South Hwanghae

January 30, 2026

Modern houses have appeared at the Churung Farm in Samchon County and the Sinhwanpho Farm in Jaeryong County of South Hwanghae

Conference of headquarters of WPK Central Committee held

Conference of headquarters of WPK Central Committee held

A conference of the headquarters of the Central Committee of the Workers' Party of Korea was held on January 28 amid the

January 30, 2026

A conference of the headquarters of the Central Committee of the Workers' Party of Korea was held on January 28 amid the

Birthday spread sent to centenarian

Birthday spread sent to centenarian

The respected Comrade Kim Jong Un sent a birthday spread to Ju Chun Jo, a woman living in Neighbourhood Unit No. 12 of the

January 30, 2026

The respected Comrade Kim Jong Un sent a birthday spread to Ju Chun Jo, a woman living in Neighbourhood Unit No. 12 of the

Canadian prime minister rejects US’ threat to impose tariff

Canadian prime minister rejects US’ threat to impose tariff

The Canadian prime minister expressed opposition to the US’ threat to impose tariff in relation to the Greenland issue on January

January 29, 2026

The Canadian prime minister expressed opposition to the US’ threat to impose tariff in relation to the Greenland issue on January

Modern farmhouses built in Kangwon Province

Modern farmhouses built in Kangwon Province

Along with a new era of the Korean-style rural development, farms in Changdo and Thongchon counties of Kangwon Province are

January 29, 2026

Along with a new era of the Korean-style rural development, farms in Changdo and Thongchon counties of Kangwon Province are

Kyongam Wood Processing Factory inaugurated

Kyongam Wood Processing Factory inaugurated

North Hwanghae Province built the Kyongam Wood Processing Factory in Sariwon City. This modern wood processing base with equipment

January 29, 2026

North Hwanghae Province built the Kyongam Wood Processing Factory in Sariwon City. This modern wood processing base with equipment

DPRK Missile Administration test-fires large-calibre MRLS

DPRK Missile Administration test-fires large-calibre MRLS

The Missile Administration of the DPRK conducted a test-fire on January 27 to verify the effectiveness of a large-calibre multiple

January 28, 2026

The Missile Administration of the DPRK conducted a test-fire on January 27 to verify the effectiveness of a large-calibre multiple

Laotian government sets forth major tasks for 2026

Laotian government sets forth major tasks for 2026

Recently, the Laotian government set its major tasks for 2026. A government meeting took place in Vientiane, the capital of Laos,

January 28, 2026

Recently, the Laotian government set its major tasks for 2026. A government meeting took place in Vientiane, the capital of Laos,

More Articles