Featured Russia

Putin’s Ukraine Gambit Turns Debt Sanctions Into a Real Threat

A massive troop buildup on the border with Ukraine has turned the once unthinkable idea of U.S. sanctions on Russian sovereign debt into a real possibility for investors. Yields on ruble bonds, known as OFZs, jumped to the highest level in more than a year last week and were edging… Read More

Kremlin says it has to be ready for worst-case U.S. sanctions scenario

The Kremlin said on Thursday that Russia had to be ready for the worst-case scenario in terms of U.S. sanctions because of what it described as Washington’s hostile and unpredictable policy. The United States has threatened to impose new sanctions on Moscow over the treatment of jailed opposition figurehead Alexei… Read More

A made-in-Miami money-laundering saga develops even deeper Ukraine roots

Take a couple of Ukrainian oligarchs sanctioned for alleged money laundering. Add a mix of Florida-based businessmen who employed the husband of a prominent Democratic politician. Throw in some political connections tracing back to Rudy Giuliani, former Ukrainian presidents and even the Kremlin. What you get is a tangled story… Read More
7th April 2021
Two former Societe Generale SA bankers are challenging Swiss fines issued for failing to report suspicious deposits worth more than $700 million made by a one-time ally of Russian President Vladimir Putin. The former head of SocGen’s Swiss private bank and the ex-head of compliance, who… Read More
1st April 2021
The seizure in Mexico of COVID-19 vaccine smuggled aboard a private plane linked to a Honduran textile magnate marks the first instance of alleged transnational vaccine smuggling in Latin America — in a mysterious case that betrays a pattern of clandestine deals between economic and political elites keen to access… Read More
29th March 2021
Iran said its only nuclear power plant could stop operating this year as the country struggles to keep the unit running because of sanctions. The Bushehr nuclear power station is “facing the risk of shutdown” because U.S. banking restrictions have made it difficult for the Islamic Republic to transfer money… Read More
26th March 2021
By Liubomyra Remazhevska and Maksym Savchuk, OCCRP, 25 March 2021 OCCRP — In the early hours of February 27, 2014, dozens of gunmen in unmarked Russian military fatigues stormed the parliament of Ukraine’s Crimean peninsula, hoisted Russian flags, and stood guard as lawmakers voted to stage a… Read More
25th March 2021
“Every piece of pipeline equipment tells its own story,” is the slogan on the website of the Italian company Nuova Patavium. This motto is particularly apt considering this firm recently equipped a Russian vessel used in the construction of the Nord Stream 2 gas pipeline in the Baltic Sea. DW asks, what if that story… Read More
24th March 2021
Ukraine has placed sanctions on dozens of Russian officials and entities, including businesses and media. President Volodymyr Zelenskiy signed a decree on March 23 targeting 26 foreigners and 81 legal entities, blocking their assets and restricting travel or operations in the country. The sanctions, announced after a decision by Ukraine’s… Read More
23rd March 2021
Russia and China presented a united front against America yesterday as they discussed ways of resisting western sanctions after clashes with the Biden administration. Sergey Lavrov, the Russian foreign minister, on a visit to meet his counterpart Wang Yi in China, spoke of efforts to build “technological independence”… Read More
23rd March 2021
By Sergei Khazov-Cassia, RFE/RL, 22 March 2021 RFE/RL — Russian law enforcement officers play a key role in the industrial-scale theft of oil from the country’s network of pipelines, an illicit business that robs the public coffers of hundreds of millions of dollars in revenue… Read More
22nd March 2021
Ukraine has imposed sanctions on former President Viktor Yanukovich and ex-Prime Minister Mykola Azarov, freezing their assets and property, banning them from withdrawing capital from the country and stripping them of all state awards. President Volodymyr Zelenskiy provided details of the sanctions in a televised statement, confirming an announcement earlier… Read More
19th March 2021
A company newly sanctioned by the U.S. over Alexei Navalny’s poisoning attack is tied to the money-laundering network that Natalia Veselnitskaya tried to cover up at the infamous 2016 Trump Tower meeting, according to financial records obtained by The Daily Beast. Now we know why Vladimir Putin was so… Read More