Markets

A Russian billionaire’s £360 million superyacht ‘Sailing Yacht A’ has been spotted docked at the Port of Gibraltar

Andrey Melnichenko’s £360 million ($US480 million) “Sailing Yacht A” has been spotted again, this time in the Port of Gibraltar. The 142.8-metre vessel boasts 300 ft masts, eight decks, a huge swimming pool, and an underwater observation pod. Russian billionaire Andrey Melnichenko’s £360 million ($US480 million) “Sailing Yacht A,” one […]
A Russian billionaire’s £360 million superyacht ‘Sailing Yacht A’ has been spotted docked at the Port of Gibraltar
Lifestyle

Wealthy Russians Have Completely Taken Over This Cyprus Beach Town

[credit provider=”Facebook/Limassol Marina” url=”https://www.facebook.com/photo.php?fbid=246076545508458&set=a.246076538841792.53472.100003183439372&type=1&theatre”] The tiny island country of Cyprus is in the spotlight this week for a surprise bailout plan that was specifically designed to tax deposits held by Russian gangsters and oligarchs.You see, wealthy Russians love the country’s lax citizenship requirements, which provides an easy way to get black […]
Wealthy Russians Have Completely Taken Over This Cyprus Beach Town
Markets

The Bank Of Cyprus’ Biggest Shareholder Is A Russian Oligarch With An Insane Real Estate Portfolio

[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=ffcueHZHI6Y”] Russian oligarch Dmitry Rybolovlev is the largest shareholder in the Bank of Cyprus, with a 9.9% stake in the company.He may have slept better this weekend when European officials announced that Cypriot banks would get a much-needed bailout, but on the condition that they accept a one-time […]
The Bank Of Cyprus’ Biggest Shareholder Is A Russian Oligarch With An Insane Real Estate Portfolio
Markets

People Are Talking About The ‘Russian Parties’ At Davos

[credit provider=”Getty Images”] Yes, world leaders need to talk about the most important issues of our time, but they also need to blow off a little steam.That’s why there are parties at the World Economic Forum in Davos. Usually, as the Washington Post reports, the most epic of those parties […]
People Are Talking About The ‘Russian Parties’ At Davos
Markets

Even Russian ‘Black Money’ Investors In Cyprus Will Get A Bailout

[credit provider=”Flickr/stefan.erschwendner” url=”http://www.flickr.com/photos/stefanerschwendner/4822681611/”] Timing couldn’t have been worse. Or more opportune. A “secret” report by the German version of the CIA, the Bundesnachrichtendienst (BND), bubbled to the surface.It asserted that the pending bailout of Cyprus would use the money of taxpayers in other countries, particularly in Germany, to bail out […]
Even Russian ‘Black Money’ Investors In Cyprus Will Get A Bailout