Oligarch

Billionaire Alexei Mordashov’s vessel, Nord, reportedly able to cross blockaded strait with US and Iranian approvalA superyacht owned by the Russian billionaire Alexei Mordashov was able to transit the blockaded strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the US objected, a source close to Mordashov said on Tuesday.It has been unclear how the multi-deck pleasure vessel, worth more than $500m (£370m), gained permission to sail on Saturday through the commercially important waterway at the heart of the US-Iran conflict, where traffic has been severely restricted since February. Continue reading...

Paramount Skydance CEO fetes administration as it weighs $110bn merger with CNN parent WarnerBros DiscoveryDozens of protesters, including members of Congress, gathered along the National Mall on Thursday to protest an “intimate” dinner being held by Paramount Skydance chief executive David Ellison “in celebration of the First Amendment” and “honoring the Trump White House and CBS White House Correspondents”, and attended by Donald Trump.Paramount has faced criticism for the dinner, which has been seen by some as illustrative of the cozy relationship between the Ellisons and the White House – right as the Trump administration is weighing whether to approve the company’s $110bn merger with CNN parent company WarnerBros Discovery. The dinner comes before Saturday’s White House correspondents’ dinner, which Trump will attend. His defense secretary, Pete Hegseth, is expected to sit at one of the many tables bought by CBS News for the event. Continue reading...

• The EU Council approved a new sanctions package on April 11 targeting 28 Russian oligarchs and 15 companies involved in military procurement, freezing assets valued at approximately €3.2 billion. • The sanctions aim to disrupt Russian defense supply chains and increase pressure on Moscow's ability to sustain military operations in Ukraine, with measures including travel bans and financial transaction restrictions. • EU Foreign Affairs Chief Josep Borrell stated the sanctions demonstrate "unwavering support" for Ukraine, though critics argue they remain insufficient to alter Russian strategic calculations.

• The European Union imposed sanctions on 45 Russian businessmen and military contractors on April 9, freezing their assets and banning transactions worth an estimated €8.3 billion in response to what Brussels termed "financing of the war in Ukraine and sanctions evasion."​ • The new measures target individuals accused of shell company networks used to circumvent previous sanctions, with particular focus on the defense and energy sectors supplying Russian military operations. • EU officials stated the expanded sanctions list represents the 14th round of measures against Russia since February 2022, with the bloc pledging continued escalation if Moscow does not halt military operations.

• The European Union announced a new sanctions package targeting 18 Russian oligarchs and 42 entities on Wednesday, citing evidence of sophisticated sanctions evasion schemes involving cryptocurrency and shell companies across multiple jurisdictions. • The targeted individuals reportedly transferred approximately $2.3 billion through complex financial networks designed to circumvent existing sanctions imposed following Russia's 2022 invasion of Ukraine. • EU officials coordinated closely with US Treasury Department and UK authorities, with the announcement emphasizing enhanced coordination mechanisms to close loopholes in enforcement and detection capabilities.

Mikhail Khodorkovsky says Russian security services may seek to create a ‘sense of vulnerability’ in BritainVladimir Putin is likely to stage another Salisbury-style attack on UK soil unless the government adopts more aggressive tactics against the Kremlin, the exiled Russian billionaire Mikhail Khodorkovsky has said.The former oil tycoon has emerged as a leading figure in Russian diaspora opposition circles and claims to be well-informed about current thinking and developments among Moscow’s elite. Continue reading...