Pyongyang, August 4 (KCNA) -- A group of gangsters without wearing masks is reigning over the earth.

Shortly ago, the European Union in collusion with the U.S. committed such outrageous act as deducting 1.5 billion euros from the Russian assets it has frozen at random at financial institutions of its member states and as transferring them to weapons funds supporting Ukraine.

This is a violation of the principle of international law, which stipulates that the assets of another country in the territory of a country are inviolable, and a wanton encroachment on state sovereignty and private property rights. It can never be justified in any case and with anything.

The Russian government said that any attempt of the Western countries to confiscate Russian assets will be branded as stealing and will not escape punishment and no matter what rhetoric they may make, theft will remain theft, too.

The unbiased world public censured it as a clear illegal one, expressing serious concern over the fact that it would be a bad precedent for the disposal of state assets in dispute and an act of harming international financial stability.

But the U.S. and the West are advertising their rare robbery as a well-intended act for "peace and security", claiming that emergency measures are necessary in the extraordinary period and there is no greater symbol than making Ukraine and the whole of Europe safer with the funds of the Kremlin.

Is the robbery for "peace and security" being allowed to do?

There is no pretext for justifying robbery and theft in the world.

It is an open fact that the U.S. and the West were seeking Russia's overseas assets to fill up their financial resources which run out for the long-term crisis in Ukraine.

As recently disclosed by the U.S. Department of Treasury, the U.S. national debt has reached the worst phase beyond 35 trillion US dollars and the other Western countries, too, are not placed in a position to look after others due to their poor economic situation.

Meanwhile, Ukraine spends more than 136 million US dollars every day and more than 4 billion US dollars every month for military expenditure.

The Russian assets frozen by the West, which cannot but make every effort for running the Russian war machine, are no more than a lump of oily meat.

In order to calm down the internal differences in view and international legality at any cost, the U.S. and the West have thrust themselves into the robbery in group while competitively faking up legal frameworks for allowing the seizure of the assets of a sovereign state.

The EU decided to allocate 90 percent of the earnings of the frozen assets of the Central Bank of Russia to the supply of military assistance to Ukraine and the remaining 10 percent to other items. This clearly shows its real intention to prolong the bloody war and slaughter on the European Continent, not to end the war.

No matter how hard the U.S. and its followers may describe their act as one for "peace in Ukraine" and "security in Europe", they cannot conceal their atrocious nature turned into a worldwide gangster group. And it will be another evidence of proving their predatory, arrogant and shameless nature.

The world people are stunned by the ignorant and rude robbery of the U.S. and the West which is not the first and the last.

The U.S. and the West will have to pay dearly for their plunder, irrespective of international law, market rules, enemy or ally. -0-

www.kcna.kp (Juche113.8.4.)