Contents tagged with Deripaska

  • Fortune of Russian oligarch Deripska shrinks by $2.5 billion after US puts him on sanctions list

    On Friday, April 6, the U.S. Department of the Treasury imposed new sanctions against Russian businessmen, officials and managers of state companies. They involve the freezing of assets of those included in the sanctions list and also prohibiting American citizens and companies to engage in any economic activity with the blacklisted individuals.  According to the U.S. Department of the Treasury, the sanctions were introduced in response to Moscow’s attempts at undermining western democracies.  …