Then said he unto the dresser of his vineyard, Behold, these three years I come seeking fruit on this fig tree, and find none: cut it down; why cumbereth it the ground?Luke 13 : 7

Guy Faulconbridge

Wed, July 9, 2025 at 9:32 AM GMT+33 min read

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‘Fortress Russia’ has seized $50 billion in assets over 3 years, research shows

FILE PHOTO: A view shows the Moscow City business centre behind the Kremlin wall in Moscow

By Guy Faulconbridge

Confiscated Assets worth some $50 billion over the past three years

MOSCOW (Reuters) -Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the transformation into a “fortress Russia” economic model during the war in Ukraine, research showed on Wednesday.

But this is a people robbed and spoiled; they are all of them snared in holes, and they are hid in prison houses: they are for a prey, and none delivereth; for a spoil, and none saith, Restore.Isaiah 42 : 22, The bands of the wicked have robbed me: but I have not forgotten thy law.Psalm 119 : 61, 

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The Lord gave the word: great was the company of those that published it.Psalm 68 : 11

Everywhere there is a tendency to substitute the work of organizations for individual effort. Human wisdom tends to consolidation, to centralization, to the building up of great churches and institutions. Multitudes leave to institutions and organizations the work of benevolence; they excuse themselves from contact with the world, and their hearts grow cold. They become self-absorbed and unimpressible. Love for God and man dies out of the soul. MH 147.3

The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market, others’ assets were expropriated and the assets of some major Russian businesses were seized by the state.

And all countries came into Egypt to Joseph for to buy corn; because that the famine was so sore in all lands.Genesis 41 : 57, Now the parable is this: The seed is the word of God.Luke 8 : 11

My husband was very anxious to see his brethren at Battle Creek and speak to them and rejoice with them in the work which God was doing for him. I gathered up my writings, and we started on our journey. On the way we held two meetings in Orange and had evidence that the church was profited and encouraged. We were ourselves refreshed by the Spirit of the Lord. That night I dreamed that I was in Battle Creek looking out from the side glass at the door and saw a company marching up to the house, two and two. They looked stern and determined. I knew them well and turned to open the parlor door to receive them, but thought I would look again. The scene was changed. The company now presented the appearance of a Catholic procession. One bore in his hand a cross, another a reed. And as they approached, the one carrying a reed made a circle around the house, saying three times: “This house is proscribed. The goods must be confiscated. They have spoken against our holy order.” Terror seized me, and I ran through the house, out of the north door, and found myself in the midst of a company, some of whom I knew, but I dared not speak a word to them for fear of being betrayed. 1T 577.2

In response to what Russia called illegal actions by the West, President Vladimir Putin signed decrees over the past three years allowing the seizure of Western assets, entangling firms ranging from Germany’s Uniper to Danish brewer Carlsberg.

Elias was a man subject to like passions as we are, and he prayed earnestly that it might not rain: and it rained not on the earth by the space of three years and six months.James 5 : 17, Therefore watch, and remember, that by the space of three years I ceased not to warn every one night and day with tears.Acts 20 : 31

Nationalism Born of Fornication!

Besides the Western assets, major domestic companies have changed hands on the basis of different legal mechanisms including the need for strategic resources, corruption claims, alleged privatisation violations, or poor management.

Moscow law firm NSP (Nektorov, Saveliev & Partners) said that the scale of what it called the “nationalisation” amounted to 3.9 billion roubles over three years, and it listed the companies involved.

[40] But now ye seek to kill me, a man that hath told you the truth, which I have heard of God: this did not Abraham. [41] Ye do the deeds of your father. Then said they to him, We be not born of fornication; we have one Father, even God.John 8 : 40-41

The research was first reported by Kommersant, one of Russia’s leading newspapers, which said it illustrated a “fortress Russia” economic model.

Christ was the foundation of the whole Jewish economy, and in all his specific directions regarding the ceremonial observances, these were distinguished from the Decalog. They were to pass away. Type was to meet antitype in the one great offering of Christ for the sins of the world. ST July 29, 1897, par. 10

Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ. Colossians 2 : 8

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The 1991 bread-up of the Soviet Union ushered in hopes that Russia could transform into a free-market economy integrated into the global economy, but vast corruption, economic turmoil and organised crime undermined confidence in democratic capitalism through the 1990s.

Putin, in his first eight years in power, supported economic freedoms, targeted some so-called oligarchs and presided over a significant growth of the economy to $1.8 trillion in 2008 from $200 billion in 1999.

In the 2008-2022 period, the economy grew to $2.3 trillion, though Western sanctions hit it hard after Russia annexed Crimea from Ukraine in 2014, according to figures from the International Monetary Fund.

Though the Russian economy has performed better than expected during the war in Ukraine, its nominal dollar size in 2024 was just $2.2 trillion, according to IMF figures, much smaller than China, the European Union or United States.

Heretofore those who presented the truths of the third angel’s message have often been regarded as mere alarmists. Their predictions that religious intolerance would gain control in the United States, that church and state would unite to persecute those who keep the commandments of God, have been pronounced groundless and absurd. It has been confidently declared that this land could never become other than what it has been—the defender of religious freedom. But as the question of enforcing Sunday observance is widely agitated, the event so long doubted and disbelieved is seen to be approaching, and the third message will produce an effect which it could not have had before. GC 605.3

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‘FORTRESS RUSSIA’

Russian officials say that the Ukraine war – the biggest confrontation with the West since the depths of the Cold War – has demanded extraordinary measures to prevent what they say was a clear Western attempt to sink the Russian economy.

“New Development Model” Distinct from “Outdated Globalisation”.

Putin says the exit of Western firms has allowed domestic producers to take their place and that the Western sanctions have forced domestic business to develop. He has called for a “new development model” distinct from “outdated globalisation”.

[7] For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places. [8] All these are the beginning of sorrows. [9] Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name's sake.Matthew 24 : 7-9

But the wartime economy, geared towards producing weapons and supporting a long conflict with Ukraine, has put the state – and those officials who operate it – in a much more powerful position than private Russian businesses.

Russian prosecutors are now seeking to seize billionaire!

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Russian prosecutors are now seeking to seize billionaire Konstantin Strukov’s majority stake in major gold producer Uzhuralzoloto (UGC) for the state.

Hearken, my beloved brethren, Hath not God chosen the poor of this world rich in faith, and heirs of the kingdom which he hath promised to them that love him?James 2 : 5, And Abram was very rich in cattle, in silver, and in gold.Genesis 13 : 2, Fear not, little flock; for it is your Father's good pleasure to give you the kingdom.Luke 12 : 32

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More than a thousand companies – from McDonald’s to Mercedes-Benz – have left Russia since the February 2022 start of Russia’s war in Ukraine by selling, handing the keys to existing managers or simply abandoning their assets.

Others had their assets seized and a sale forced through.

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($1 = 78.2000 roubles)

(Reporting by Guy Faulconbridge; editing by Louise Heavens and Mark Heinrich)