Fiji Court Rules United States Can Seize Russian Superyacht

PARIS, France – A Fiji court ruled on Tuesday that the United States can seize a Russian – owned superyacht, 21 days after it arrived and was impounded by police, as the United States and its allies press Russia over its invasion of Ukraine. U.S. authorities assert that the luxury vessel, the Amadea, is ultimately … More Fiji Court Rules United States Can Seize Russian Superyacht

Swiss Implement Further EU Sanctions Against Russia, Belarus

ZURICH, Switzerland – Switzerland has implemented more European Union sanctions against Russia and Belarus, the government said on Wednesday, in steps designed to reduce the countries’ ability to raise funds or expand their industrial capacity. ‘With the decision of 27 April, Switzerland is implementing the new measures decided by the E.U. on April 8 in … More Swiss Implement Further EU Sanctions Against Russia, Belarus

Russian Oligarch Deripaska’s Yacht Arrives in Turkish Waters

ISTANBUL – A yacht linked to Russian aluminium tycoon Oleg Deripaska arrived in a bay near the southwestern Turkish resort of Gocek on Saturday, as more Russian billionaires head for Turkey to flee Western sanctions over Russia’s Invasion of Ukraine. Deripaska, founder of Russian aluminium giant Rusal, has been sanctioned by the United States, European … More Russian Oligarch Deripaska’s Yacht Arrives in Turkish Waters

Biden Administration Imposes New Sanctions On Russia Banking Institutions And Putin’s Daughters

MILAN, Italy – The U.S. taking additional sanction to increase economic pressure on Russian and President Vladimir Putin following horrific images from the Ukrainian city of Bucha, announcing new sanctions Wednesday on Russian financial institutions, as well as some people, including Putin’s adult daughters and the wife and daughter of his foreign minister. ‘Today we’re … More Biden Administration Imposes New Sanctions On Russia Banking Institutions And Putin’s Daughters

Spain Seizes Russian Oligarch Vekselberg’s Superyacht On Behalf Of U.S.

PARIS, France – Spanish police on Monday impound a superyacht belonging to Russian oligarch Vicktor Vekselberg on behalf of U.S. authorities, the first time the United States has seized property belonging to a Russian oligarch since its invasion of Ukraine in February. Valued at more than 90 million euros ($99 million), the 78 – metre … More Spain Seizes Russian Oligarch Vekselberg’s Superyacht On Behalf Of U.S.

In Istanbul And Dubai, Russians Pile Into Property To Shelter From Sanctions

PARIS, France – Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow’s invasion of Ukraine and Western sanctions, according to many property companies. ‘We sell seven to eight units to Russians every day’, said Gul Gul, co – founder of … More In Istanbul And Dubai, Russians Pile Into Property To Shelter From Sanctions

In France, A Seized Superyacht Creates Headaches, Not Just For Its Owner

LA CIOTAT, France – In a quiet corner of the French Riviera, La Ciotat Shipyards said it is writing bills for mooring fees for the towering white superyacht Amore Vero, but it doesn’t know who to send them to. Customs agents seized the 86 – metre (282 – ft) vessel as its crew prepared to … More In France, A Seized Superyacht Creates Headaches, Not Just For Its Owner

Antigua Says It Is Willing To Help UK Seize Abramovich Yachts

PARIS, France – Antigua and Barbuda is willing to help Britain seize yachts owned by sanctioned Russian Oligarch Roman Abramovich, the Caribbean nation said on Friday, adding the United Kingdom must seek such assistance via an international treaty. The Financial Times first reported the vessels Halo and Garcon, currently moored in Antigua and Barbuda, are … More Antigua Says It Is Willing To Help UK Seize Abramovich Yachts

Oligarch Abramovich Attending Russia – Ukraine Talks In Istanbul – Sources

ISTANBUL – Billionaire Roman Abramovich, one of the Russian oligarchs sanctioned by the West over Moscow’s invasion of Ukraine, is attending peace talks between Ukraine and Russian delegations in Istanbul on Tuesday, three sources said. The Kremlin has said previously Abramovich played an early role in peace talks but the process was now in the … More Oligarch Abramovich Attending Russia – Ukraine Talks In Istanbul – Sources

Billionaire Abramovich, Ukrainian Peace Negotiators Hit By Suspected Poisoning – Reports

PARIS, France – Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kyiv, the Wall Street Journal and the investigative Bellingact reported on Monday, citing people familiar with the matter. Abramovich, who accepted a Ukrainian request to help negotiate to end to the Russian … More Billionaire Abramovich, Ukrainian Peace Negotiators Hit By Suspected Poisoning – Reports