Russian oligarchs used to love London. Now … not so much. The Economist expliains.
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Oliver Bullough explains how Russian oligarchs launder money in London.
More:
“Boris Johnson claims the UK is rooting out dirty Russian money. That’s ludicrous,” Oliver Bullough, The Guardian
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Berlusconi in Sardinia
Billionaire octagenarian, former football team owner, Bunga-Bunga Party host, one-time cruise ship crooner, Trump-before-Trump, and disgraced 3-time former Italian Prime Minister Silvio Berlusconi went to Sardinia with all the other oligarchs and contracted Coronavirus.
More:
“Silvio Berlusconi admitted to hospital with coronavirus,” Angela Giuffrida, The Guardian
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Image (“Pasha Berlusconi and His Harem, after François Gabriel Lepaulle”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com
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Steve Mnuchin and wife view the tax refunds of average Americans.
“… government operates for the disproportionate benefit of oligarchs and government elites,” admits U.S. Treasury Secretary Steven Mnuchin.
Mr. Mnuchin was referring to the Russian government, but we fail to see any distinction from the way he and other Trump Administration billionaires operate in the USA. “Oligarchy” is not just a Russian word.
And the world’s oligarchs are globalized:
“U.S. sanctions ensnare Russians with ties to Trump world,” John Hudson and Paul Sonne, Washington Post
“Mueller’s team questioning Russian oligarchs,” Kara Scannell and Shimon Prokupecz, CNN
“NRA’s ‘Man in Moscow’ Hit by New U.S. Sanctions,” Daily Beast
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“. . . USA Today looked at the ‘wealthy Russians and oligarchs from former Soviet Republics — several allegedly connected to organized crime,’ who have invested in Trump-branded real estate, basing the article on a ‘review of court cases, government and legal documents, and an interview with a former federal prosecutor.’ The review focused on ’10 wealthy former Soviet businessmen with alleged ties to criminal organizations or money laundering,’ but the pertinent question now is whether Trump is beholden to Kremlin-linked Russian oligarchs.”
— “Ex-federal prosecutor says shady Russian money is keeping the Trump Organization afloat,” Peter Weber, The Week
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