Ananda said:
The regulation so far can only confiscate the financial assets if it is against the rules of money laundry or if the owners of the assets makes war against that particular Western nation. Russian assets freeze actually is beyond 'normal' regulation as Ukraine is not part of any Western nations (that the Russian assets being stored).
Which is why other Nations especially in Global South now begin to reduce their holdings on Western Assets or their assets on Western Banks and FI.
The freezing of Russian assets is a case of
force majeure superseding regulations.
Russia, since February 2022, is not
a country like another anymore. Russia is bombing Ukraine daily, with massive amounts of shells and missiles, so freezing their assets is normal and logical.
I don't think that the validity of the asset freeze is contested anywhere in the world, save Iran, Syria or NK who have their own assets frozen by the US. Not every country is freezing assets but every country understands why we do.
Global South (which is not that much "
South" by the way) doesn't reduce their
Western Assets for this reason, but because their own economies and banking systems became safer and more profitable. Developing countries offer more growth opportunities, even if it can be bumpy at times, than the West. So it's logical that they invest in their own businesses, in their own country.
The other reason is the huge debt piling up like they were no tomorrow in the US, UK, France, Belgium, Italy and Spain to quote only the worse ones. It's not sound anymore to place huge amounts of sovereign fund money into sovereign bonds of most of the major Western countries.
Now, there is a big difference between freezing and seizure. Freezing supposes that the money still belongs to Russia and will be given back once things settle down. Which can take decades (see Iran) but ultimately Russia doesn't lose a cent.
If the assets are seized and spent, this is not fair because, assume that Putin is replaced by a pro-West leadership, we will owe this money our new friends. Among other cases where it can be a problem.
Any country who seized the assets would be in debt to Russia in the future, for generations. And this hurts the West's credibility.
Sorry for the off-topic.
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koxinga said:
Gun based AA such as the Bofos L70 seems to be the cost effective option. Oerlikon GDF 35mm is more plentiful but has slightly less range.
Good lucky hitting a small target in 3 dimensions at 5km range with a flak piece. Maybe if you were radar guided with proximity shells. The west needs a short range, light weight cheap anti-drone weapon, and that's likely to be some sort of radar guided small missile.
I agree with vikingatespam. Old Flak guns could hit planes in WW2 and the 50's, but Orlans are much smaller targets. I don't think these guns can fire at a target flying 5km high. That would suppose a 10km range unless they fire at the vertical.
The new German anti drone system has only a 2km range. (What was his name again? Skynex?)