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Eastern Europe News

Russia’s Oligarchs Brace For U.S. Report Listing Putin Friends

Image by Kremlin.ru

The U.S. Treasury Department is finishing its first official list of “oligarchs” close to President Vladimir Putin’s government, setting off a flurry of moves by wealthy Russians to shield their fortunes and reputations.

Putin Says Russia Not An ‘Adorable Grandma’ As Kremlin’s Desires Conflict With Reality

Some people who think they’re likely to land on the list have stress-tested the potential impact on their investments, two people with knowledge of the matter said. Others are liquidating holdings, according to their U.S. advisers…

To read more visit Bloomberg

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