Tsarizm
Eastern Europe News

For Some Russian Oligarchs, Sanctions Risk Makes Putin Awkward To Know

Image by Kremlin.ru

The threat of new U.S. sanctions has spread anxiety among Russia’s wealthiest people that their association with President Vladimir Putin could land them on a U.S. government blacklist, members of the business elite say.

The list, to be drawn up by early next year, is part of a sanctions bill passed overwhelmingly by Congress soon after Donald Trump became president and reluctantly signed by him on Aug. 2 despite his avowed wish to improve ties with Moscow.

Poll Says Most Russian Blame Putin For Country’s Problems

Although those included on the list would not automatically be sanctioned, six people who are part of the business elite or close to the Kremlin said it was a major concern because the criteria for inclusion and the consequences were unclear.

“People are on edge,” said a senior figure in a major Russian company…

To read more visit Reuters

Related articles

Russia Posts Record High Balance Of Payments In 2018

Tsarizm Staff

Romania Fights Worst Measles Outbreak In Decades

Tsarizm Staff

‘We Got What We Deserved’: Russia Reacts To Doping Ban

Tsarizm Staff

Subscribe to our evening newsletter to stay informed during these challenging times!!

Clicky