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updated Sat. August 3, 2024

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The Treasury Department Monday eased sanctions on Russian aluminum producer Rusal and said it would consider lifting them altogether if the company severs ties with Oleg Deripaska, a Russian oligarch with close ties to President Vladimir Putin. Rusal was sanctioned earlier this month by Treasury's ...
3 Russian oligarchs sue Christopher Steele. Anchor Muted Background. By Katelyn Polantz, CNN. Updated 7:17 PM ET, Fri April 20, 2018. (CNN) Three Russian oligarchs who've previously sued over the publication of the Trump-Russia dossier have opened a new lawsuit in DC's local court against British ...

Amid this manoeuvring, the big question for Theresa May, as the UK considers its own toolkit of measures, is whether sanctions will cause genuine discomfort to the Kremlin. Some informed observers say knocking a few billion off the personal wealth off an oligarch class that few ordinary Russians have any ...
Washington's imposition of unexpectedly tough sanctions against several leading oligarchs is in many respects a game changer for Russia, with .... having their assets in Russia seized, but any oligarch cut off completely from international financial markets might be more amenable to shifting funds home.
All told, seven Russian oligarchs, 12 companies they own, and another 17 Russian government officials are targeted by the sanctions, which freeze assets held in the U.S. and ban Americans from doing business with those named. Among the sanctioned are Putin's ex-son-in-law, his former bodyguard, and ...
We first asked what, to him, is the definition of "oligarch." "Oligarchs are rich Russian businessmen who are close to the seat of power in Russia," he said, adding that "almost any rich Russian businessman is an oligarch, because in Russia there is a close relationship between private wealth and public ...

A number of the reigning oligarchs—among them Mark Zuckerberg (net worth $64.1 billion), Elon Musk (net worth $20.8 billion), Richard Branson (net worth $5.1 billion) and Stewart Butterfield (net worth $1.6 billion)—are calling for a guaranteed basic income. It looks progressive. They couch their ...
Gruinard is known as Anthrax Island after being used for testing biological weapons during the Second World War. It is uninhabited today due to fears of ongoing contamination. Little is known about the group of Russian oligarchs bidding to buy the island, except for their second names: Kulagin, Glebov, ...
The U.S. Treasury Department in January listed him as one of 96 "oligarchs" close to President Vladimir Putin. Magomedov's Caspian Venture Capital fund has investments in ride-hailing service Uber, Diamond Foundry, a company that produces man-made diamonds, and online leisure activities company ...
A Russian oligarch touched down in New Jersey: A private jet belonging to Oleg Deripaska arrived in the US in August 2016, shortly after a meeting between Paul Manafort and a mysterious Russian operative named Konstantin Kilimnik, who has now at the center of the Russia controversy. Mueller has reportedly been ...
All of Russia is pondering this question. The Presidential Administration has tried to think up some vision for the next term but without success. Judging by Putin's address to the Federal Assembly on March 1, we see a combination of two incompatible things. The first part is made up of fantastical plans for the development of ...
"Russian oligarchs love buying property in the most prestigious areas of London which they regard as epicentres of the British establishment... It's like a symbol of them being accepted by the British establishment." So it is actually quite a small area of London, mostly within a stone's throw of Buckingham or ...
The poisoning of a Russian ex-spy in the English countryside has roused Britons to two truths: Vladimir Putin regards their country as an easy mark, but it's also an extremely pleasant place for his oligarchs to live. Americans, take note. Finally, finally, there's talk of hitting back at Putin where his filthy-rich ...
Worth an estimated €9 billion, Abramovich is the most celebrated Russian oligarch to make his home in London but he is not short of company. A mile away in Belgravia, aluminium magnate Oleg Deripaska owns 5 Belgrave Square, the former home of the mid-20th century Conservative politician, diarist ...
Manafort is alleged to have played key roles in this operation, too, working with oligarchs and the Russian mafia to launder money through sham New York real estate deals. The proceeds of this overall scam allegedly went to fund Yanukovych and his political party and to bribe and control other Ukrainian ...
The Lib Dems have challenged three prominent UK-based oligarchs to condemn the Kremlin over the Salisbury nerve attack. Party leader Sir Vince Cable called on Chelsea FC owner Roman Abramovich, Arsenal FC co-owner Alisher Usmanov and energy magnate Oleg Deripaska to speak out. It comes ...
Facebook's reckless vanity has made the headlines again, with the revelation that data it held on about 50 million users was exploited commercially without their consent, and that when Facebook found out about this, it did pathetically little. We only know this thanks to the bravery of a whistleblower. This is ...

The exiled Russian oligarch Mikhail Khodorkovsky has said he has decided not to employ personal security guards in London despite the rising unease among the Russian diaspora, because he recognises that if the Russian president wants him dead “no amount of security measures can prevent that”.
Things changed when the oligarchs started buying the most expensive properties in London and Surrey, opening bank accounts for their companies (many of which were based in overseas British island territories) and buying British football clubs. Boris Johnson, then mayor of London, welcomed them in ...
Ministers are plotting new sanctions against Vladimir Putin and Kremlin-linked oligarchs after the Russian government expelled 23 British diplomats and launched an assault on its cultural ties with Britain. A government source said “detailed conversations” were taking place over the “next steps” after the ...
Fordstam, the company owned by Mr Abramovich, who was named on the US Treasury list, owns properties in west London, including in the Chelsea Village development and on Chelsea Manor Street. When Mr Navalny urged Britain to target Mr Abramovich's assets, the oligarch's spokesman declined to ...
As British investigators examine the theory that a deadly Soviet-developed nerve agent was put into the luggage of Yulia Skripal before she flew from Moscow to Britain on March 3 to visit her father, former Russian spy Sergei Skripal, the aftermath of their March 4 poisoning is spreading throughout Russia and the West.
If they do, a careful risk assessment should be conducted to see whether to proceed with future business and what measures, such as contract provisions, might allow them to exit from the contract or relationship if the oligarch is subject to actual sanctions in future. Companies selling to or purchasing from ...
Treasury Secretary Steve Mnuchin said there would be additional sanctions against Russian government officials and oligarchs "for their destabilizing activities." Mnuchin did not give a time frame for those sanctions, which he said would sever the individuals' access to the U.S. financial system.
Tensions heating up between Russia and the UK in the aftermath of the poisoning of ex-spy Sergei Skripal and his daughter Yulia in Salisbury, could hit members of the Russian elite hard if it leads to the country's oligarchs being denied access to the luxuries of London. The most prominent rich Russians ...
Prime Minister Theresa May disappointed opposition activists in Russia on Wednesday by ignoring their calls to sanction Russian businessmen and officials close to President Vladimir Putin in retaliation for the attempted murder of a former spy in the English city of Salisbury. Instead, May told Parliament, ...
As Britain weighs possible retaliatory actions against Russia over the poisoning of a former spy in England last week, a top Kremlin opponent has called for the U.K. to impose targeted sanctions against oligarchs close to Vladimir Putin with assets in London. Britain is considering its options after a chemical ...
A Russian businessman and associate of a Russian oligarch critical of Vladimir Putin was reportedly found dead at the age of 69. Nikolai Glushkov, who served as a former deputy director of Aeroflot, was found dead in Britain, Russia's Business FM Radio station reported, according to The Telegraph.
You may have heard or read the phrase 'Russian oligarch' in relation to this. ... Are oligarchs confined to Russia or are they found elsewhere? ... An intense struggle between oligarchs from Russia's privately owned multinational corporations – which include the captains of its petroleum, natural gas, and ...
The poisoning of a Russian ex-spy in the English countryside has roused Britons to two truths: Vladimir Putin regards their country as an easy mark, but it's also an extremely pleasant place for his oligarchs to live. Americans, take note. Finally, finally, there's talk of hitting back at Putin where his filthy-rich ...


 

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