50 Richest Russians Lose Close to $12Bln After Latest U.S. Sanctions

Russia’s 50 richest businessmen have reportedly lost close to $12 billion in the days after the United States imposed a new wave of sanctions against individuals and companies close to the Kremlin. The United States imposed major sanctions on Friday against Russian businessmen, companies and government officials, striking at allies of President Vladimir Putin in one of Washington's most aggressive moves to punish Moscow for its alleged meddling in the 2016 U.S. election and other "malign activity.”
Read more: https://themoscowtimes.com/news/50-richest-russians-lost-close-12-bln-after-latest-us-sanctions-61097?source=Snapzu