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1 min read

Moscow will reportedly block sales of Western banks to Russian firms, leaving them with no exit

Western banks still operating in Russia are facing and increasingly difficult path to an exit.

Filip De Mott   


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19 mins read

Inside the plot by Russian exiles to overthrow Putin

A growing army of Russian expats want to take back Russia. Can they succeed?

Paul Starobin   


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2 mins read

Russian convicts who earned their freedom fighting Ukraine are going home with swagger and a stash of money to burn: NYT

Some prisoners-turned-soldiers are returning to Ukraine flush with cash, as they were paid more tha…

Kwan Wei Kevin Tan   


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2 mins read

Putin could struggle to end the war in Ukraine because it's making some poor Russians richer

Russia's production in war-related industries rose 60% from the fall of 2022 to the spring of 2024.…

Huileng Tan   


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4 mins read

A traditional Russian ally snubbed Moscow's latest fighter jets for competitors from Pakistan and Turkey

Azerbaijan's biggest arms supplier has been Russia but it will likely acquire fighter jets from els…

Paul Iddon   


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1 min read

The US sanctions Gennady Timchenko's wife and two daughters, making him the wealthiest Russian oligarch with relatives targeted by restrictions

Members of Gennady Timchenko's family were sanctioned by the US government, alongside more than 400…

Zahra Tayeb   


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UK government says Roman Abramovich won't benefit from $5.3 billion sale of Chelsea FC to LA Dodgers co-owner Todd Boehly

The UK government said it wants to make sure the proceeds of the Chelsea FC sale are used for human…

Kate Duffy   


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2 mins read

Rupert Murdoch's new Russian fiancée ties him to a sprawling web of money with some surprising connections

Murdoch is engaged to Elena Zhukova. Zhukova's daughter was previously married to the Russian oliga…

Kwan Wei Kevin Tan   


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1 min read

EU sanctions against Russian oligarchs leave hundreds of workers jobless on Italian island, report says

Some staff at Russian oligarchs' villas in Sardinia lost their jobs, while others were suspended wi…

Kate Duffy   


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2 mins read

Russians on Forbes' billionaires list have lost on average 27% of their wealth over the past year

Severstal chairman Alexei Mordashov's wealth dropped by $15.9 billion, or around 55%, according to …

Grace Dean   


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4 mins read

Locals in South Florida's 'Little Moscow' say the city's nickname is built on a misconception

From "Little Brazil" to "Little Kiev," Sunny Isles Beach's many nicknames reflect how its economy h…

Hillary Hoffower   


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3 mins read

It's not just seizing yachts and mansions: The West is using a 3-pronged approach to punish Russia

Governments can issue sanctions against other governments, specific industries, and individuals. Ru…

Hillary Hoffower   


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2 mins read

Hillary Hoffower   


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Russian oligarchs' wives say it would be 'suicide' to go back to Russia in new documentary

A new documentary on Paramount+ features the wives of Russian oligarchs who speak out about Putin's…

Sam Tabahriti   


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1 min read

A superyacht owned by a sanctioned Russian billionaire has reportedly anchored in the Maldives, which doesn't have an extradition treaty with the US

At least two more superyachts owned by Russian billionaires are bound for the Maldives, according t…

Kate Duffy   


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1 min read

Russia has burned through almost half of the liquid reserves in its national wealth fund as it bleeds money amid the war in Ukraine

Liquid assets under Russia's National Wellbeing Fund fell from 8.9 trillion rubles in January 2022 …

Huileng Tan   


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Sanctioned Russian billionaire Mikhail Fridman says 'there is no oligarchs' club'

"We were exclusively focused on business and never wanted to get close to power," Russian oligarch …

Huileng Tan   


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2 mins read

The EU slapped sweeping sanctions on Russian oligarchs — but now it's struggling to enforce them

Most EU countries can only freeze, not seize assets — so sanctioned billionaires may be able to con…

Huileng Tan   


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The Wagner Group is back, Russian regional media says and led by Prigozhin's son

Two Russian outlets reported that the Wagner Group has started hiring again in two oblasts, citing …

Matthew Loh   


Kate Duffy