The war against the Russian owned superyachts

 Bloomberg:

A growing number of superyachts belonging to Russian tycoons have made their way to the Indian Ocean, cruising around the Maldives and Seychelles just as sanctions are imposed on their homeland following Vladimir Putin’s invasion of Ukraine. 

...

An estimated 7% to 10% of the global superyacht fleet is owned by Russians, according to industry watcher Superyacht Group. Overall yacht counts have dipped to 10 from 19 this time last year in the Maldives, while they’ve climbed from five to 12 in the Seychelles, a former British colony known for its palm-fringed islands and sandy beaches. 

The movements come as the U.S. signals it will take aim at Russian business leaders’ assets as part of its economic campaign against Moscow over the invasion. In his State of the Union address Tuesday, President Joe Biden said that the U.S. and its allies are preparing to seize the yachts, luxury apartments and private jets of wealthy, politically connected Russians.

...

One Russian Yacht was sunk at its port by a Ukrainian employee before he fled to Ukraine to join the fight. 

See, also:

Russian oligarch's massive $600M yacht seized in Germany: reports

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more