A billionaire in Moscow told Reuters on condition of anonymity that the war was going to be a catastrophe. "It is going to be catastrophic in all senses: for the economy, for relations with the rest of the world, for the political situation," the billionaire said.
India Today Web Desk
London March 1, 2022
Vladimir Putin. (Photo: Reuters)
Russian billionaires Mikhail Fridman and Oleg Deripaska have called for an end to the ongoing Russia-Ukraine war triggered by President Vladimir Putin's assault on the neighbouring country. Another billionaire in Moscow said that the war was going to be a catastrophe, according to a Reuters report.
The Russian currency plunged about 30 per cent against the US dollar after Western nations announced moves to block some Russian banks from the SWIFT international payment system and to restrict Moscow's use of its massive foreign currency reserves.
The economic squeeze got tighter when the US announced more sanctions to immobilise any assets of the Russian central bank in the United States or held by Americans. The Biden administration estimated that the move could impact “hundreds of billions of dollars” of Russian funding. Biden administration officials said Germany, France, the UK, Italy, Japan, the European Union and others will join the US in targeting the Russian central bank, according to a report in the Associated Press.
Vladimir Putin. (Photo: Reuters)
Russian billionaires Mikhail Fridman and Oleg Deripaska have called for an end to the ongoing Russia-Ukraine war triggered by President Vladimir Putin's assault on the neighbouring country. Another billionaire in Moscow said that the war was going to be a catastrophe, according to a Reuters report.
The Russian currency plunged about 30 per cent against the US dollar after Western nations announced moves to block some Russian banks from the SWIFT international payment system and to restrict Moscow's use of its massive foreign currency reserves.
The economic squeeze got tighter when the US announced more sanctions to immobilise any assets of the Russian central bank in the United States or held by Americans. The Biden administration estimated that the move could impact “hundreds of billions of dollars” of Russian funding. Biden administration officials said Germany, France, the UK, Italy, Japan, the European Union and others will join the US in targeting the Russian central bank, according to a report in the Associated Press.
TRAGEDY FOR PEOPLE OF RUSSIA, UKRAINE
Billionaire Fridman, who was born in western Ukraine, said that the conflict was driving a wedge between the two eastern Slav peoples of Russia and Ukraine who have been brothers for centuries, according to the Reuters report.
"I was born in Western Ukraine and lived there until I was 17. My parents are Ukrainian citizens and live in Lviv, my favourite city," Fridman wrote in the letter, Reuters reported.
"But I have also spent much of my life as a citizen of Russia, building and growing businesses. I am deeply attached to the Ukrainian and Russian peoples and see the current conflict as a tragedy for them both."
The Russian billionaire, Oleg Deripaska, used a post on Telegram to call for peace talks to begin "as fast as possible".
"Peace is very important," said Deripaska, who is the founder of Russian aluminium giant Rusal, in which he still owns a stake via his shares in its parent company En+ Group.
On February 21, Deripaska said there would not be a war.
CRISIS TO DAMAGE TWO NATIONS
"This crisis will cost lives and damage two nations who have been brothers for hundreds of years," Fridman said. "While a solution seems frighteningly far off, I can only join those whose fervent desire is for the bloodshed to end. I’m sure my partners share my view," he said.
One of Fridman's long-term partners, Pyotr Aven, attended a meeting at the Kremlin with Putin and 36 other major Russian businessmen last week, the Kremlin said.
WAR GOING TO BE CATASTROPHE
A billionaire in Moscow told Reuters on condition of anonymity that the war was going to be a catastrophe.
"It is going to be catastrophic in all senses: for the economy, for relations with the rest of the world, for the political situation," the billionaire said.
The billionaires who gathered for a meeting with Putin in the Kremlin on Thursday were silent, he said.
"Businessmen understand very well the consequences. But who is asking the opinion of business about this?"
US SANCTIONS ON RUSSIAN BUSINESSMEN
Washington imposed sanctions on Deripaska and other influential Russians because of their ties to Putin after alleged Russian interference in the 2016 U.S. election, which Moscow denies.
Russia's so-called oligarchs, who once exercised significant influence over President Boris Yeltsin in the 1990s, are facing economic chaos after the West imposed severe sanctions on Russia over Putin's invasion of Ukraine.
Putin, after consulting his security council of senior officials, said he ordered the special military operation to protect people, including Russian citizens, from "genocide" - an accusation the West calls baseless propaganda.
Everton linked Russian billionaire Alisher Usmanov has assets frozen by European Union
Alisher Usmanov, a Russian billionaire who has commercial ties with Everton, was seen the EU freeze his assets and place him on a travel ban as Russia's invasion on Ukraine continues
Chris Bryant suggests seizing Abramovich’s assets
By Samuel Meade
Alisher Usmanov, a Russian billionaire who has commercial ties with Everton, was seen the EU freeze his assets and place him on a travel ban as Russia's invasion on Ukraine continues
Chris Bryant suggests seizing Abramovich’s assets
By Samuel Meade
Sports Brand Writer
1 Mar 2022
Russian billionaire Alisher Usmanov, who has commercial ties with Everton, has seen his assets frozen by the European Union as the ramifications continue following Russia's invasion of Ukraine.
Usmanov's company, USM Holdings, sponsors Everton's training ground whilst he also has an exclusive naming-rights option on the club's new stadium.
Toffees owner Farhad Moshiri is chairman at USM Holdings.
The restrictions placed on Usmanov, who is a former shareholder in Arsenal, include a "prohibition from making funds available" as well an EU travel ban.
It is unclear how this will affect the Merseyside club.
An EU Council said on its decision: "Alisher Usmanov is a pro-Kremlin oligarch with particularly close ties to Russian president Vladimir Putin ".
They also claimed that the 68-year-old "actively supported materially or financially Russian decision-makers responsible for the annexation of Crimea and the destabilisation of Ukraine".
1 Mar 2022
Russian billionaire Alisher Usmanov, who has commercial ties with Everton, has seen his assets frozen by the European Union as the ramifications continue following Russia's invasion of Ukraine.
Usmanov's company, USM Holdings, sponsors Everton's training ground whilst he also has an exclusive naming-rights option on the club's new stadium.
Toffees owner Farhad Moshiri is chairman at USM Holdings.
The restrictions placed on Usmanov, who is a former shareholder in Arsenal, include a "prohibition from making funds available" as well an EU travel ban.
It is unclear how this will affect the Merseyside club.
An EU Council said on its decision: "Alisher Usmanov is a pro-Kremlin oligarch with particularly close ties to Russian president Vladimir Putin ".
They also claimed that the 68-year-old "actively supported materially or financially Russian decision-makers responsible for the annexation of Crimea and the destabilisation of Ukraine".
Russian billionaire Alisher Usmanov has seen his assets
frozen by the EU
Roman Abramovich, himself a member of Russia's elite, has stepped back from Chelsea with the spotlight very much on him due to his links with Vladimir Putin.
The billionaire, who has owned the Blues for almost two decades, handed over "stewardship and care" of the club to its charitable foundation on Saturday - although that plan remains in doubt.
Despite that decision Abramovich has continued to be questioned, with some criticising the statement he and Chelsea put out.
However the Russian is attempting to play his part in peace talks.
Roman Abramovich's Chelsea plan in doubt amid further talks with charity trustees
“I can confirm that Roman Abramovich was contacted by the Ukrainian side for support in achieving a peaceful resolution, and that he has been trying to help ever since,” Abramovich’s spokesperson said.
“Considering what is at stake, we would ask for your understanding as to why we have not commented on neither the situation as such nor his involvement. Thank you.”
Labour MP Chris Bryant called on the Chelsea owner's assets to be seized last week and doubled down on that stance since.
Two oligarchs, worth more than £11bn, have spoken out against Putin's actions however.
Roman Abramovich, himself a member of Russia's elite, has stepped back from Chelsea with the spotlight very much on him due to his links with Vladimir Putin.
The billionaire, who has owned the Blues for almost two decades, handed over "stewardship and care" of the club to its charitable foundation on Saturday - although that plan remains in doubt.
Despite that decision Abramovich has continued to be questioned, with some criticising the statement he and Chelsea put out.
However the Russian is attempting to play his part in peace talks.
Roman Abramovich's Chelsea plan in doubt amid further talks with charity trustees
“I can confirm that Roman Abramovich was contacted by the Ukrainian side for support in achieving a peaceful resolution, and that he has been trying to help ever since,” Abramovich’s spokesperson said.
“Considering what is at stake, we would ask for your understanding as to why we have not commented on neither the situation as such nor his involvement. Thank you.”
Labour MP Chris Bryant called on the Chelsea owner's assets to be seized last week and doubled down on that stance since.
Two oligarchs, worth more than £11bn, have spoken out against Putin's actions however.
Roman Abramovich's actions are also under the spotlight
(Image: Vladimir Gerdo/TASS)
Oleg Deripaska, previously Russia ’s richest man but now under US sanctions, and Mikhail Fridman, worth £9.6bn and named by the US treasury in 2018 as linked to Putin, have both called for an end to the Ukraine invasion.
Oleg Deripaska, previously Russia ’s richest man but now under US sanctions, and Mikhail Fridman, worth £9.6bn and named by the US treasury in 2018 as linked to Putin, have both called for an end to the Ukraine invasion.
On Sunday Deripaska tweeted: “Peace is the priority. Negotiations must start ASAP”.
Fridman, who was born in Ukraine, called for an end to the “bloodshed”.
Russia said on Monday that it would hit back against the EU after it came out in support of Ukraine and warned against arming the country with weapons.
Fridman, who was born in Ukraine, called for an end to the “bloodshed”.
Russia said on Monday that it would hit back against the EU after it came out in support of Ukraine and warned against arming the country with weapons.
Meet the Russian-linked tycoons who gave Tory Party £2million in donations
He said earlier this year: “Not a penny that I earned in Russia has come close to... the UK political system.”
Alexander Temerko gave Tories £1.3million
Among Russia-linked figures filling Tory coffers is banker Lubov Chernukhin, married to Putin’s former deputy finance minister. She has donated £1.7m. Ms Chernukhin regularly bids in Tory fundraising auctions
Mohamed Amersi gave Tories £750,000
Foreign Minister Amanda Milling said all donations were “received in good faith” and declared.
There is no suggestion of wrongdoing by any of the four Conservative donors.
Mohamed Amersi gave Tories £750,000
Deputy Political Editor
Mikey Smith
Mikey Smith
Whitehall Correspondent
23 Feb 2022
Boris Johnson was today urged to hand back millions in Russia-linked Tory Party donations.
Shadow Foreign Secretary David Lammy warned of “too much connection” between Russian oligarchs and the Tories, saying: “We think that they should hand back £2million.”
Among Russia-linked figures filling Tory coffers is banker Lubov Chernukhin, married to Putin’s former deputy finance minister. She has donated £1.7m.
Ms Chernukhin regularly bids in Tory fundraising auctions.
Last year, then-Foreign Secretary, Dominic Raab accepted £25,000 for his local party from ex Russian bank chief Dmitry Leus, who has lived in England since 2015.
His spokesman has said: “He has played no active part in politics.”
23 Feb 2022
Boris Johnson was today urged to hand back millions in Russia-linked Tory Party donations.
Shadow Foreign Secretary David Lammy warned of “too much connection” between Russian oligarchs and the Tories, saying: “We think that they should hand back £2million.”
Among Russia-linked figures filling Tory coffers is banker Lubov Chernukhin, married to Putin’s former deputy finance minister. She has donated £1.7m.
Ms Chernukhin regularly bids in Tory fundraising auctions.
Last year, then-Foreign Secretary, Dominic Raab accepted £25,000 for his local party from ex Russian bank chief Dmitry Leus, who has lived in England since 2015.
His spokesman has said: “He has played no active part in politics.”
Lubov Chernukhin with ministers in 2019
(Image: Liz Truss / Instagram)
Alexander Temerko, a businessman born in Soviet Ukraine, has donated £1.3m.
Mr Temerko held senior posts in Russia’s Defence Ministry under Boris Yeltsin, and has said he is “no friend” of Putin.
Alexander Temerko, a businessman born in Soviet Ukraine, has donated £1.3m.
Mr Temerko held senior posts in Russia’s Defence Ministry under Boris Yeltsin, and has said he is “no friend” of Putin.
Dmitry Leus gave Tories £25,000
Businessman Mohamed Amersi and his wife donated £750,000.
Businessman Mohamed Amersi and his wife donated £750,000.
Foreign Minister Amanda Milling said all donations were “received in good faith” and declared.
There is no suggestion of wrongdoing by any of the four Conservative donors.
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