Monday, 26 August, 2019


Russian Federation reacts to the 'oligarch list'

Rosneft CEO Igor Sechin and Gazprom CEO Alexei Miller Rosneft CEO Igor Sechin and Gazprom CEO Alexei Miller
Bennie Garza | 31 January, 2018, 08:24

Although it is unclear what it will mean in practice, it will cast the shadow of potential sanctions risk over a wide circle of wealthy Russians.

"Sanctions on specific entities or individuals will not need to be imposed because the legislation is, in fact, serving as a deterrent", she said in a statement.

Some 114 politicians are also listed, including Mr Putin's entire administration, cabinet and top officials at the Russian secret service. Some are the most famous of wealthy Russians, among them tycoons Roman Abramovich and Mikhail Prokhorov, who challenged Putin in the 2012 election.

Shares in some of the big metals companies - Norilsk Nickel and aluminium giant Rusal, whose owners were named - initally fell, though Russian stock in general recovered later.

Among the biggest fallers was Norilsk Nickel, down 1.2 percent after its co-owner Vladimir Potanin was included on the U.S. list.

Representatives for Vladimir Potanin, co-owner of Norilsk Nickel, and Oleg Deripaska of Rusal who were both named declined comment. VTB did not respond to a request for comment.

The list had caused considerable anxiety in Russian business circles before its release.

Some had expected the list be a detailed document listing assets, as well as relatives, of key officials and businessmen on whom the Kremlin frequently relies.

"The Association reiterates its calls on the Heads of States and Governments of the European Union, the US and Russian Federation to refrain from actions, which can undermine the prospects of future economic cooperation", it said.

The report, which features 96 people considered "oligarchs" close to Putin and worth at least $1 billion (805 million euros) each, does not trigger sanctions right away but may cut businesses off from world finance.

As it released the list, the Treasury Department took pains to note that it is not a sanctions list, devoting a full paragraph to say that inclusion on the list doesn't mean the US has "information about the individual's involvement in malign activities".

Alexei Miller, CEO of state-controlled gas export monopoly Gazprom, was also on the list, as was Severstal's Mordashov and Leonid Mikhelson, co-owner of private gas producer Novatek.

Eugene Kaspersky, CEO of the Moscow-based cyber security company that carries his name, were also listed. Those who engage in this are basically engaged in their own domestic politics. In a direct contradiction, CIA Director Mike Pompeo said Russia is determined to interfere in the 2018 midterm elections and that Russian interference remains mostly unchanged from 2016 levels.

Dmitry Peskov, Putin's spokesman, told reporters on Tuesday that Moscow would like to take time to analyze the list which he described as "unprecedented" in its scope. The Treasury report listed the same 96 individuals with fortunes over $1 billion.

"The report clearly states what we knew all along, namely that it's not a sanction or a determination that listed individuals will be sanctioned", said Keller, now a partner at Hogan Lovells, an worldwide law firm.

"De facto everyone is called the enemy of the United States", the spokesman said.

Konstantin von Eggert, a foreign affairs analyst and host on the independent station TV Rain, noted that the list had suddenly rendered the role of competing interest groups inside and outside the Kremlin irrelevant.

Russian opposition leader Alexei Navalny has meanwhile lauded the American administration's list, tweeting that he was "glad that these (people) have been officially recognized on the worldwide level as crooks and thieves".

Recommended

loading...
...
  • Judge rules to release autopsy records on October  1 shooting victims

    Judge rules to release autopsy records on October 1 shooting victims

    Investigators discovered a trove of weapons, including 12 rifles that had been fitted with "bump stocks", in the suite. The name of one of those people is blacked out in the court records released to The Associated Press.
    Facebook urged to shut down children's Messenger app

    Facebook urged to shut down children's Messenger app

    The app is meant for kids as young as six. "It looks like something that would appeal to a 6-year-old or 7-year-old", he said. When it comes to young children, I think most people can agree that it pays to err on the side of caution.
    Bella and Gigi Hadid Pose Nude for British Vogue Cover

    Bella and Gigi Hadid Pose Nude for British Vogue Cover

    Photographed by Steven Meisel and styled by Joe McKenna, the portraits are the first dual covers of the models' careers. Although Gigi and Bella totally rock it on the runway , not every fashion show goes according to plan.
  • How Technology Has Completely Changed the Way We Spend Money

    How Technology Has Completely Changed the Way We Spend Money

    The Rise of Mobile Payments Over the last few years, all of the major mobile innovators have stepped into the mobile payment game. As of 2016, Apple Pay had 12 million monthly users , a figure which is sure to rise substantially in the coming months and years.
    BoD of Samsung Electronics Approve 50:1 Stock Split and Shareholder Return

    BoD of Samsung Electronics Approve 50:1 Stock Split and Shareholder Return

    For the full year, Samsung recorded an operating profit of almost 54 trillion won on revenue of about 240 trillion won. Samsung Electronics has reported record quarterly profit in the fourth quarter of past year .

    Advanced Micro Devices, Inc. (AMD) Earnings Beat Estimates, Stock Slumps

    Pacer Advisors Inc. increased its stake in shares of Advanced Micro Devices by 25.6% in the third quarter. (NasdaqCM: AMD ) is 75. Investors generally keep an extensive variety of technical indicators at their disposal for completing technical stock analysis.
  • Looking Ahead to The Biggest Horse Races Left In 2019

    We may be mid-way through 2019 but that doesn’t mean that racegoers have to say goodbye to brilliant horse racing events. Fans of the sport should mark the following in their diaries – these are some of the biggest horse races left for 2019.
    The Coca-Cola Company (KO) ended its day with the change of 1.44%

    The Coca-Cola Company (KO) ended its day with the change of 1.44%

    Following the sale, the insider now directly owns 24,673 shares of the company's stock, valued at approximately $1,183,070.35. It dropped, as 53 investors sold ALB shares while 158 reduced holdings. 67 funds opened positions while 169 raised stakes.
    Russia's Lavrov-Sochi Congress Agrees a Constitutional Committee

    Russia's Lavrov-Sochi Congress Agrees a Constitutional Committee

    A new round of negotiations to settle the Syrian conflict was held in the Russian resort of Sochi . The latest round of those talks took place last week in Vienna.
  • The First Offline Date After Online Relationships

    The First Offline Date After Online Relationships

    The Date Day: How To Behave When you meet your date offline for the first time, there are many things that can go wrong. That is a very responsible step that will either empower or destroy the already formed relationships.
    U.S.  could become world's biggest oil producer in 2018

    U.S. could become world's biggest oil producer in 2018

    Oil prices dropped nearly 1 percent after the report was published, reflecting investors fears over possible oversupply. This year, US crude oil production is seen averaging 10.3 million bpd in 2018, beating a record dating back to 1970.

    A Groundbreaking Football News: How do Footballers And Dementia Relate?

    Finally, I think we can hope that the experts would look into the matter in a cautious way in the near future. As per Shearer’s words ‘At least now people have started to look for answers’.

General Overview of Cisco CCNA R&S Questions and Answers In addition to this, they will also build their skills and knowledge levels required to implement WLAN in a small/medium network. At the end of the course, they will also be able to resolve regular issues with EIGRP, STP, and OSPF in IPv4 and IPv6 networks.

Gustav Klimt Could Challenge For 2,000 Guineas Gustav Klimt Could Challenge For 2,000 Guineas However, Gustav Klimt bounced back with a fine performance at the Barronstown Stud Irish European Breeders Fund in June last year. Gustav Klimt moved to the inside down the final furlong and found just enough speed to beat out his compatriot Nebo by a head .

Ex-Michigan State player Walton defends himself Ex-Michigan State player Walton defends himself Asked on Sunday why Walton left the program, Spartans coach Tom Izzo said he couldn't recall why Walton left the program in 2010. Walton apologizes for the negative attention the story has brought to Michigan State, the Clippers, his family and friends.

Rioters vandalize U.S. diplomatic vehicle in Bethlehem Rioters vandalize U.S.  diplomatic vehicle in Bethlehem They have been trying to express their point of view and protest against the American decision regarding Jerusalem. She said she was unable to confirm that any Palestinians had been hit by gunfire.

Sonny Perdue is designated survivor for Trump's State of the Union Sonny Perdue is designated survivor for Trump's State of the Union The tradition of a designated survivor probably dates to the 1960s Cold War era, but official records don't begin until 1984. Sonny Perdue will sit out for President Trump's first State of the Union address as a protective measure for the country.

What does WWE have planned for Ronda Rousey? What does WWE have planned for Ronda Rousey? Rousey then pointed at the WrestleMania 34 sign at the arena in Philadelphia before awkwardly shaking Stephanie McMahon's hand. They became friends, and Piper gave his blessing for Rousey to carry the nickname throughout her career.

Mourinho won't block Ibrahimovic move if he wants Mourinho won't block Ibrahimovic move if he wants The two played together while at Paris Saint-Germain and Beckham knows just what a coup Zlatan would be for the MLS. As quoted by the Guardian , the United manager told a news conference: "I only know what I have read in the media".

Shaquem Griffin invited to NFL Scouting Combine Shaquem Griffin invited to NFL Scouting Combine Griffin captivated the college football nation with his story of overcoming the odds playing football with one hand. On Tuesday, Griffin shared a video on Instagram revealing that he has received an invite to the combine.

Assets reference: Prosecution witnesses record statements against Dar Assets reference: Prosecution witnesses record statements against Dar As per 1993 wealth statement, the defunct federal minister for finance Ishaq Dar's wealth estimated around Rs9.1 million. He revealed that the property had previously belonged to film star Deeba.

Flu cases - and deaths - continue rising in Pennsylvania Flu cases - and deaths - continue rising in Pennsylvania The peak of flu season typically occurs November through March, according to the Centers for Disease Control's ( CDC ) website. It killed an estimated one million people worldwide-34,000 in the US alone between September 1968 and March 1969.

United States drops Cha as pick for ambassador to Seoul Some US media say the Trump administration is studying the feasibility of such a strike, also known as a " bloody nose " strategy. Cha served as director for for Asian affairs for the National Security Council for President George W.

Flu death count climbs to 94, including 2 children Flu death count climbs to 94, including 2 children The flu vaccine covers influenza strains that are predicted to circulate in the community for a given year. The majority of cases a 62 percent - are Type A H3N2, which is included in the current flu vaccine.

Trump's executive order to keep Guantanamo Bay prison open Trump's executive order to keep Guantanamo Bay prison open It remains to be seen if this will prompt much reaction overseas since foreign leaders already knew Mr. The decision is a major reversal of his predecessor President Barack Obama's policy.

Latest News on the Global Online Gaming Industry The company is showing signs of making a comeback, as competitors are forced to merge and consolidate in order to survive. The industry can be broken down further between mobile gambling and desktop gambling (which includes laptops and PCs).

The Early 2018 World Series Favorites The Early 2018 World Series Favorites People expected this young Yankees team (which still has more significant talent on the way from AAA) to start competing in 2018. Taking into account a few articles and odds listings that are already out there, here’s our look at the top contenders. 1.