NEWSWATCH: “Zapret a manger: Russia’s elites face growing sanctions pressure” – Bear Market Brief/Max Hess

Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

“[With the Treasury Department’s April 6, 2018, sanctions announcement,] [s]even Russians explicitly labeled oligarchs … their main Russian businesses, and 17 government officials were added to the list of Specifically Designated Nationals (SDN) … [who] have their U.S. assets frozen, while U.S. persons are barred from doing business with them. … a tactical escalation of the U.S. sanctions …. expanded […]

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“Gangster’s paradise: how organised crime took over Russia; Under Vladimir Putin, gangsterism on the streets has given way to kleptocracy in the state” – The Guardian (UK)/Mark Galeotti

“… The challenge posed by Russian organised crime is a formidable one – and not just at home. Across the world, it trafficks drugs and people, arms insurgents and gangsters, and peddles every type of criminal service, from money laundering to computer hacking. For all that, much of the rest of the world remains willing – indeed, often delighted – […]

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