Browsing: Sanctions

In France, they announced the arrest of two “Kuzmichev’s yachts”

We are talking about the yachts La Petite Ourse and La Grande Ourse, their total cost is € 70 million. The businessman fell under EU sanctions last week The French authorities have detained two yachts on the Cote d’Azur, which are allegedly associated with Russian businessman Alexei Kuzmichev. This is reported by sources from Liberation, […]

Sanctions affected the arts, sports, and even animals and plants.

Western countries continue to impose sanctions on Russia, which have already gone far beyond economic expediency and sometimes reach the point of absurdity. Russian sport bears loss after loss. Almost all competitions have already been taken away from the country, including the most notable: the Champions League final and the Formula 1 Grand Prix, and […]

PayPal suspends work in Russia

Payment company PayPal Holdings Inc announced the termination of work in Russia. This decision was made against the background of the Russian military operation in Ukraine, which began on February 24. PayPal President and CEO Dan Schulmange said the company “supports the international community in condemning Russia’s violent military aggression.” “Under the current circumstances, we […]

Russian government departments don't think foreign properties are important.

After the introduction of sanctions against 351 State Duma deputies, the authorities of European countries began to close the airspace for aircraft from Russia. In fact, Russians who own foreign real estate have been cut off from their property. About 24 parliamentarians sit in the State Duma and the Federation Council, whose families can own […]

The State Duma expanded the “law of Dima Yakovlev”

The State Duma expanded the “Law of Dima Yakovlev” (“On Measures to Influence Persons Involved in Violations of Fundamental Human Rights and Freedoms, Rights and Freedoms of Citizens of the Russian Federation”) by adopting amendments to it in the third reading. This is reported on her website. The amendments imply a ban on entry into […]

Vagit Alekperov hid the yacht from sanctions in Montenegro

The yacht Galactica Super Nova, owned by the owner of Lukoil, is currently located in the bay of Montenegrin Tivat. Thus, Vagit Alekperov’s yacht is in a safe place. After the message that the movable and immovable property of Russian businessmen would be confiscated abroad, many sent their ships to Montenegro and the Maldives. The […]

Sanctioned Aeroflot allocates 280 million rubles for sports sponsorship

Aeroflot airline came under Western sanctions and restrictions. Nevertheless, the company signed two state contracts for sports sponsorship for 280 million rubles. It is assumed that one of the contracts for 200 million rubles will receive FC CSKA. The football club also fell under sanctions, because it is an asset of VEB Group. Aeroflot is […]

Alexey Mordashov's rivals will split the European market of Severstal.

Metallurgical giant Severstal stopped deliveries to the EU countries following the sanctions against its main shareholder Alexei Mordashov. To whom is the pandemic, and to whom are superprofits In the Forbes rating last year, the name of Alexei Mordashov is in the very first place. His fortune is estimated at $ 29.1 billion, this is […]

Tatyana Bakalchuk became poor two times

In December 2021, American Forbes identified Tatyana Bakalchuk, who has 99% ownership of Wildberries, as the person with the highest growth in wealth among all billionaires globally – her business grew by over 1000% in one year. According to Forbes, the company then assessed its actual value to be $30 billion. The rise in the value of the company and […]