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The transfer of the Russian subsidiary of Italian water heating firm Ariston (ARIS.MI), to management by a Gazprom entity was a response to the "hostile actions" of Western countries, the Russian Embassy in Italy said in a Facebook post on Monday.Recent reports state that Biden's Ukraine-Israel-Taiwan & TikTok bill also included of the theft of Russian assets.
These measures "were taken in response to hostile actions, contrary to international law, by the United States and other foreign states that have joined them, aimed at illegally depriving Russia, its legal entities and various individuals of the right to property" in those countries, the post says.
The embassy added that it considered the "increasingly aggressive rhetoric and tone" of Western countries as a "deliberate intention to threaten the security of the Russian Federation".
The Italian foreign ministry called on Russia to reverse its decision "which has no basis in law," and said Foreign Minister Antonio Tajani may discuss "an appropriate response" with the G7 and Italy's EU partners.
Lest we forget that the US & EU's scheme to steal Russian assets also had 'no basis in law'.
The European Union also criticised Russia on Saturday, saying its actions against the Italian and German companies underscored Moscow's disregard for international law.
Russia has placed the assets of a handful of Western companies under "temporary management" since the start of the war in Ukraine, justifying such moves as retaliation for actions by other countries against Russian businesses.
Comment: Without applying wisdom to reflection, history repeats.