No Theft of Russian Sovereign Assets: Belgium & Orbán Stop the EU’s Legal Madness

While Brussels was preparing yet another moralistic coup against reality, Belgium pulled the emergency brake.

Against the will of Berlin, against the ideological intoxication of the European Commission, and against the growing temptation to trample international law in the name of “virtue,” the European Union has abandoned the outright seizure of Russian sovereign assets. Instead, it has opted for a €90 billion “joint loan” for Ukraine—a loan in name only, a gift in substance.

This is not a technical adjustment.
It is a political defeat for Germany, a strategic victory for Belgium, and a rare moment of lucidity in a Union drifting toward legal nihilism.

The German Plan Collapses

For months, Berlin pushed a dangerous idea: confiscate Russian sovereign assets frozen in Europe and rebrand the theft as “reparations.” The logic was crude, emotional, and legally suicidal. No court ruling. No peace treaty. No settlement. Just brute force dressed up as righteousness.

Germany wanted to force this plan through—on the back of others.

Why? Because Belgium holds the bomb.

The bulk of Russian assets are immobilized at Euroclear in Brussels. Which means that if Russia—or any future claimant—wins in court, Belgium alone would face catastrophic financial liability.

Belgium’s Moment of Truth

Prime Minister Bart De Wever asked a simple, devastating question:

If you want us to confiscate these assets, will you guarantee Belgium against all legal and financial consequences—without limit?

Silence.

The so-called “partners” demanded unlimited risk from Belgium, while refusing any unlimited guarantee in return.

That was the end of the fantasy.

No sovereign state—especially a small one—can accept infinite liability to satisfy Berlin’s moral exhibitionism. At that moment, the German plan collapsed.

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US To Fund $8.6 Billion Boeing Contract for Israeli F-15 Fighter Jets

The US Department of War announced on Monday that Boeing has been awarded a contract worth up to $8.6 billion to sell Israel new F-15 fighter jets as part of a deal funded by US military aid.

The Israeli Defense Ministry announced the initial deal in November 2024 and said it would be funded by US aid that was included in a massive foreign assistance bill President Biden signed into law earlier that year. At the time, the F-15 deal was valued at $5.2 billion and included 25 new F-15s.

The updated contract with Boeing has a ceiling of up to $8.6 billion since it includes an option to purchase an additional 25 F-15s. The Pentagon said in its announcement that the work on the fighter jets will be “performed at St. Louis, Missouri, and is expected to be complete by December 31, 2035.”

The US has continued to provide Israel with massive amounts of weapons despite its genocidal campaign in Gaza, which, according to several studies, has likely killed more than 100,000 Palestinians, including tens of thousands of women and children. US military aid and direct military intervention have also supported Israel’s wars in Lebanon, Syria, Yemen, Iran, and the occupation of the West Bank.

According to Brown University’s Costs of War Project, in the two years following the October 7 attack, the US government spent at least $21.7 billion on military aid to Israel and another $9.65 billion to $12.07 billion on US military operations in the region in support of Israel.

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Smotrich hails ‘full US support’ for illegal settler expansion in occupied West Bank

Bezalel Smotrich, Israel’s finance minister and staunch backer of the illegal settler movement, said on 30 December that Washington has given Tel Aviv “full support” to expand settlements in the occupied West Bank in violation of international law.

“The US administration is giving us full support to expand settlements in the West Bank in order to undermine the establishment of a Palestinian state,” Smotrich said. 

The statement coincided with Israeli Prime Minister Benjamin Netanyahu’s visit to the US and came after a meeting between Netanyahu and US President Donald Trump.

“We have had a discussion, big discussion for a long time on the West Bank. And I wouldn’t say we agree on the West Bank 100 percent, but we’ll come to a conclusion on the West Bank,” Trump said after the meeting.

When asked by reporters what the disagreement was about, Trump said, “I don’t want to do that, it will be announced at an appropriate time.”

Netanyahu “will do the right thing,” the US president went on to say. 

Since coming to power in late 2022, Netanyahu’s government has been rapidly advancing Israel’s longstanding goal of annexing the West Bank, which was occupied illegally during the 1967 war. 

New illegal settlements are being established at an accelerated rate, and the Knesset has approved a bill calling to impose Israeli “sovereignty” over the territory. 

Trump recently claimed that he would “not allow” Israel to annex the occupied West Bank.

“Trump and his top advisors asked Netanyahu to change Israel’s policies in the occupied West Bank during their meeting on Monday,” informed sources told Axios on 30 December.

“The White House thinks a violent escalation in the West Bank would undermine efforts to implement the Gaza peace agreement and prevent the expansion of the Abraham Accords before the end of Trump’s term,” the sources went on to say, adding that the US president’s team asked the Israelis to “calm things down.”

“The president and his team raised settler violence against Palestinian civilians, the financial instability of the Palestinian Authority, and Israeli settlements expansion. Netanyahu spoke very strongly against settler violence and said he is going to take more action,” the sources said.

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Russia Accuses Ukraine of Targeting Putin’s House, Threatening Fragile Peace Talks

The fog of war is thick in Eastern Europe, where Russia has accused Ukraine of sending a swarm of kamikaze drones to strike one of President Vladimir Putin’s houses. The Russians say they thwarted the attack.

So far, it’s been difficult to verify whether the Russians are telling the truth. But whatever it is, any slight chance there may have been at a peace agreement seems to have further diminished.

The “Attack”

Russian Foreign Minister Sergey Lavrov decried the alleged attack. On Monday, he said, “The Kiev regime has fully switched to state terrorism policies, and Moscow will review its negotiating position accordingly.” He emphasized that although the Kremlin won’t completely abandon negotiations, “Russia’s negotiating position will be revised.”

Ukrainian President Volodymyr Zelensky says the attack never happened. He says Russia is making it up to serve as an excuse for torpedoing the working peace negotiations and to keep charging ahead into Ukraine. “Russia must stop inventing ways to wage war and start thinking about how to restore security,” he said in a social media post.

President Donald Trump answered questions on Monday about the supposed attack. “I don’t like it. It’s not good,” he said, adding that he heard about it from Putin himself and conceding that it might not be true. He then said that he made the right decision in refusing to give the Ukrainians long-range Tomahawk missiles. “It’s a delicate period of time,” he noted, adding:

It’s one thing to be offensive, because they’re offensive. It’s another thing to attack his house. It’s not the right time to do any of that. … I was very angry about it.

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Bloody Diamonds: How Your Engagement Ring Helps Fund a Genocide in Gaza

Did your engagement ring help fund a genocide in Gaza? Quite possibly. Despite possessing no mines of their own, Israel is a major player in the world’s diamond business, buying up minerals across Africa and selling them to the West, netting billions in the process. Diamonds are Israel’s most important export, and directly bankroll the country’s ongoing genocide against the people of Gaza. MintPress explores the dark world of Israeli blood diamonds.

A Gigantic Industry

Any visitor walking through Tel Aviv’s exclusive Ramat Gan district will be struck by its wealth. Skyscrapers are everywhere, and expensive jewelry stores lines the streets. Ramat Gan is the center of the world’s diamond industry, with more than 15,000 people employed by the Israel Diamond Exchange in the business of cutting, polishing, importing, exporting, and marketing the stones.

Israel’s largest export is not tech industry or its food. Diamonds alone account for over 15% of all the country’s exports, with other jewelry also contributing significantly to its economy. Between 2018 and 2023, Israel exported over $60 billion dollars worth of precious stones.

Their number one customer is the United States. Historically, Israel has accounted for between one third and one half of all the diamonds sold across America, a growing market already worth $20 billion per year.

Genocide Stones

Unlike gold, diamonds are rarely hallmarked, meaning that few American brides know that their engagement and wedding rings were crafted and polished in Israel. Even fewer are aware that their purchase directly funds the slaughter in Gaza and Israel’s ongoing seizure of land in the West Bank, Lebanon, and Syria.

“Overall, the Israeli diamond industry contributes about $1 billion annually to the Israeli military and security industries … every time somebody buys a diamond that was exported from Israel, some of that money ends up in the Israeli military,” Israeli economist, Shir Hever, testified at the Russell Tribunal on Palestine in 2010.

Perhaps the key figure in the Israeli diamond industry is business magnate, Beny Steinmetz. Considered by many to be Israel’s richest man, the 69-year-old founder of Steinmetz Diamond Group first entered the industry in 1988, purchasing a production factory in Apartheid South Africa.

Through his charitable foundation, Steinmetz has poured money into the Israeli Defense Forces (IDF), including “adopting” a unit of the Givati Brigade, buying equipment for them. During Operation Cast Lead in 2009, the brigade carried out a massacre, forcing dozens of Palestinian civilians into a house in Gaza, bombed the house, and prevented ambulances from approaching. Rescue workers who eventually found their bodies also reported seeing the words “The only good Arab is a dead Arab” daubed in Hebrew on the remains of the building.

More recently, the Givati Brigade has been filmed setting fire to Palestinian food supplies, and a Gaza sewage plant, as well as demolishing more homes.

Since October 7, 2023, Israel has destroyed 92% of the schools and residential buildings of Gaza, shot around 300 journalists, and killed at least 20,000 children. UNICEF estimates that 3,000 to 4,000 children in Gaza have lost one or more limbs. In addition to its violence in Palestine, Israel has invaded and occupied Lebanon and Syria, and bombed Iran, Tunisia, Yemen, and Qatar.

The US Pays in Dollars, Africa Pays in Blood

Israel’s appetite for diamonds is directly fueling civil war and bloodshed across Africa, where it supplies military hardware with governments, warlords, and local armed groups in exchange for access to the continent’s mineral wealth. Israel-based International Diamond Industries (IDI), for example, secured a monopoly on diamond production in the Democratic Republic of the Congo in a deal that, according to a United Nations panel, included covert weapons transfers and the training of Congolese security forces by IDF commanders. The deal was fantastically lucrative for IDI, who paid only $20 million for a monopoly generating $600 million per year.

Meanwhile, in 2002 in war-ravaged Sierra Leone, for just $1.2 million in cash, Steinmetz himself managed to acquire half of the Koidu Ltd., a company that accounted for 90% of the country’s diamonds. In 2011, Koidu produced a reported $200 million worth of diamonds.

Why authorities would agree to such ludicrously low purchase prices might be explained by a 2021 ruling by a Swiss court, that found Steinmetz guilty of paying $8.5 million in bribes to the wife of the president of Guinea. These bribes, the court ruled, secured him the rights to lucrative iron ore concessions in the country’s Simandou region. Steinmetz was sentenced to five years in prison. The Israeli billionaire is currently facing similarly grave corruption charges in Romania.

The diamond rush in D.R. Congo, Sierra Leone and other African nations has resulted in civil war, human trafficking, forced child labor, and other serious human rights violations by groups intent on securing a slice of the diamond industry for themselves. But they are relatively small players in comparison to the Israelis.

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Trump Says He’ll Support an Israeli Attack on Iran If Tehran ‘Continues’ Its Missile Program

President Trump said on Monday that he would support an Israeli attack on Iran if Tehran “continues” its conventional missile program or if it works to rebuild its civilian nuclear program that was damaged by US airstrikes during the US-Israeli war on the Islamic Republic in June.

The president made the comments at his Mar-a-Lago resort in Florida before a meeting with Israeli Prime Minister Benjamin Netanyahu, when asked if he would back more Israeli attacks on Iran. “If they continue with the missiles, yes. The nuclear, fast,” he said.

“One will be yes, absolutely,” he added, appearing to reference Iran’s missiles. “The other was we’ll do it immediately,” he said, referencing the possibility of Iran rebuilding its nuclear program. The president also threatened to “knock the hell” out of Iran if it “builds up again.”

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Trump Claims Israel Is Complying With Gaza Deal ‘100%’ Despite Constant IDF Ceasefire Violations

During a joint press conference with Israeli Prime Minister Benjamin Netanyahu in Florida on Monday, President Trump claimed Israel was holding up its end of the Gaza ceasefire deal “100%” despite constant IDF attacks on Palestinians in the Strip and other Israeli violations.

Since the deal went into effect on October 10, the Israeli military has killed at least 414 Palestinians in Gaza, according to Gaza’s Health Ministry. The IDF has continued demolitions and has expanded the so-called “yellow line,” the vague boundary that separates the IDF-occupied side of Gaza and the Hamas-controlled side. Israel has also maintained restrictions on aid and shelter materials entering Gaza.

When asked by a reporter at Mar-a-Lago if he was concerned that Israel wasn’t moving quickly enough into “phase two” of the plan, Trump said he was “not concerned about anything Israel is doing” and that Israel has “lived up to the plan 100%.”

Trump also appeared to issue an ultimatum to Hamas during the press conference, saying that if the group doesn’t disarm within a certain amount of time, there will be “hell to pay” and that it will be “horrible for them.”

The president said that Hamas has already agreed to disarm, but the group has been consistent in its position that it won’t give up its weapons unless a Palestinian state is established, or if progress is made in that direction. Trump’s 20-point peace plan said that Gaza would be “demilitarized,” but Hamas only agreed to use the plan as a basis for negotiations.

So far, the only deal Israel and Hamas have signed outlined a ceasefire and the exchange of Israeli captives and Palestinians held in Israeli jails. “Our people are defending themselves and will not give up their weapons as long as the occupation remains,” the new spokesman for Hamas’s armed wing, the al-Qassam Brigades, said on Monday.

Trump also claimed during the press conference that the US and Israel are helping the “people of Gaza” even though both countries are not allowing reconstruction to take place, as civilians are living in flimsy tents and the rubble of bombed-out buildings amid harsh winter storms. In recent weeks, at least 20 people in Gaza have died due to the weather.

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Did Netanyahu just ask Trump for another war — and get it?

During a meeting with Israeli Prime Minister Benjamin Netanyahu, President Trump said that he will allow Israel to attack Iran once again to strike its ballistic missiles.

But what exactly does that mean? Will the U.S. be involved in the actual strikes? Will it “limit” its involvement to shooting down Iran’s retaliatory missiles?

If the former, Trump is not just “allowing” Israel to strike; the U.S. will actually be at war with Iran. This would be a betrayal of his promise to his base to keep America out of wars (he has, of course, violated that already).

Moreover, unlike the nuclear program, which incorporates a small number of known facilities, the missile program is spread throughout the country in a large number of hidden facilities, many of them probably unknown to the U.S./Israel.

Thus, Trump will likely not be able to frame this as mere “military action” rather than war. Nor will he likely be able to negotiate with Tehran a limited Iranian response since the missiles are Iran’s last line of defense — the last leg of its deterrence.

Tehran has gone to great lengths to avoid a military confrontation with Washington, but just because it has shown restraint in the past does not mean that it can afford to do so in this scenario. Indeed, given that Iran will be totally exposed without its missiles, it will likely reckon that it has no choice but to strike directly at U.S. targets.

Even if Trump opts to “only” support Israel defensively in yet another Israeli choice of war — which is the position Biden took — it nevertheless incentivizes Israel to restart war, as the U.S. is lessening the cost for Israel to do so.

The cost to the United States is great even in this scenario. Washington depleted 25% of its THAAD interceptors in the course of 12 days this past summer — for Israel’s war of choice, in a region four American Presidents have declared no longer is vital to U.S. national security.

As I wrote last week, every time Trump caves to Netanyahu and agrees to another war, it only prompts Israel to come back to Trump after a few months with another war plan for Americans to give their blood and tax dollars to.

This will go on endlessly until Trump decides to end it.

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Zelensky Claims Trump Is Considering US Boots On The Ground In Ukraine

Ukrainian President Volodymyr Zelensky has newly claimed that US President Donald Trump is considering the possibility of deploying American troops to Ukraine as negotiations toward peace with Moscow stall. This is presumably connected with promises of future ‘security guarantees’.

This is somewhat of a surprise, as the White House has made no indication of this in any statement whether public or based on anonymous officials. Throughout the nearly four-long war the question of Western ‘boots on the ground’ has been raised at various times. 

But the US – whether under Biden or Trump – has always denied that sending American troops into Ukraine is a solution. Instead, it’s well understood that this could escalate things between Washington and Russia toward full-scale war.

Zelensky made the remarks during a WhatsApp conversation with journalists, according to Reuters national security correspondent Idress Ali, who then revealed his words on social media.

But the outlet has still stressed that Zelensky understands that the final decision rests with Trump.

“To be honest, this can only be confirmed by the President of the United States of America. These are US troops, and therefore it is America that makes such decisions. Of course, we are discussing this both with President Trump and with representatives of the Coalition [of the Willing],” Zelensky was quoted as saying.

And just like that, boots on the ground as a talking point is being echoed among EU leaders

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Saudi Arabia Bombs Yemeni Port, Claims Attack Targeted Weapons Bound for UAE-Backed Forces

Saudi Arabia on Tuesday bombed the southern Yemeni port city of Mukalla, claiming to target a weapons shipment bound for the UAE-backed Southern Transitional Council (STC), which has taken territory from Saudi-backed forces in recent weeks. It’s unclear at this point if there were any casualties in the strikes.

Riyadh said it targeted an arms shipment after ships from the UAE arrived at the port. “The ships’ crew had disabled tracking devices aboard the vessels, and unloaded a large amount of weapons and combat vehicles in support of the Southern Transitional Council’s forces,” the Saudi military said in a statement, according to The Associated Press.

“Considering that the aforementioned weapons constitute an imminent threat, and an escalation that threatens peace and stability, the Coalition Air Force has conducted this morning a limited airstrike that targeted weapons and military vehicles offloaded from the two vessels in Mukalla,” the statement added.

The UAE’s Foreign Ministry denied the Saudi claims but said that it had shipped vehicles to its own forces in Yemen and that Riyadh was aware of the shipment. “The ministry confirms that the shipment concerned did not include any weapons, and that the vehicles unloaded were not intended for any Yemeni party, but were shipped for use by UAE forces operating in Yemen,” the ministry said.

The UAE’s Defense Ministry later announced that it was pulling troops out of Yemen. “The Ministry of Defense announces the termination of the remaining counterterrorism teams in Yemen,” the ministry said, according to The Cradle, adding that the move came “of its own volition, ensuring the safety of its personnel, and in coordination with relevant partners.”

The Saudi strikes demonstrate fractures among the Gulf powers and the anti-Houthi coalition in Yemen, which formed the Presidential Leadership Council (PLC) back in 2022 when the Saudis gave up on their goal of re-installing former Yemeni President Abdrabbuh Mansour Hadi in Sanaa, which has been under Houthi control since 2014.

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