Sanctions are a total failure. They have not achieved a thing in Cuba, Venezuela, Iran, North Korea and Russia, except to reinforce the regime in place and to impoverish the people. On the other hand, as with the case of the sanctions on Russia, they resulted in worldwide inflation not seen since the 80s, and for Europe it will be even worse with a recession and blackouts. This self inflected damage will lead to riots and voters will send a whole generation of inept politicians to retirement.

I am not sure that there is much future in an asset that can lose over 70% of its value over a period of a few month...

If we find a German ship filled with Nazi loot that sunk during WWII, I doubt very much that Germany can claim the loot...

I agree with tribanon, and it's not worth wasting our time going to an international court that will side with Spain.

This is loot and in no way belongs to Spain, just like the proceeds of a bank robbery does not belong to bank robber. Unfortunately international courts are stuffed with European judges, often of past colonial empires, who will rule in favor of Spain.

In 2020 when energy prices plummeted, I don't remember them asking for the price of gas to be lowered...

Israel, the country that receives the most US financial aid, has refused to impose sanctions on Russia. No aid has been cut-off...

Russia is selling oil at 30% discount. What are we waiting for? India and china are already buying as much as they can...

Russia continues business as usual with most of the world:

https://www.msn.com/en-us/news/world/pu…

Mr Allen should stick to commenting on international affairs, where he seems to have a grasp of things

Errr political dissidents are cut to pieces or beheaded in Saudi Arabia (which you will agree is a lot worse) and that has not stopped anyone from importing their oil.

By the way Ukraine is also holding political dissidents against their will, so what should we do about that?