'Don't dare': Russia's retaliation threat to Germany over plan to transfer seized assets to Ukraine

Russia seems enraged by Germany's plan to transfer its frozen assets to Ukraine. Moscow has warned Berlin of retaliation if it goes ahead with its asset seizure plan. The proposed confiscation of Russian funds and property by Germany and subsequent transfer to Ukraine, according to the speaker of Russia's lower house of parliament, may set a dangerous precedent. He further added that the measure runs counter to international law and may lead other countries to take similar actions. The idea of seizing frozen Russian assets to help rebuild Ukraine has been discussed within the European Union for some time. According to a recent report by Bloomberg, Berlin has stepped up negotiations on the controversial step against Russia. Watch this report for more.