Alva Review-Courier -

US sanctions on Russian oligarchs miss richest of rich

 

February 25, 2022



WASHINGTON (AP) — The term Russian oligarch conjures images of posh London mansions, gold-plated Bentleys and sleek superyachts in the Mediterranean, their decks draped with partiers dripping in jewels.

But the raft of sanctions on oligarchs announced by President Joe Biden this week in response to the invasion of Ukraine may do little to dim the jet-setting lifestyles of Russia's ultra-rich and infamous – much less force a withdrawal of tanks and troops.

U.S. sanctions target Russian President Vladmir Putin and a handful of individuals believed to be among his closest security advise...



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