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Rich Russians have around $200 billion stashed in super secretive Swiss bank accounts, the country’s banking industry association estimates, as cited by Reuters.
In a rare public statement on client holdings, the Swiss Bankers Association said it estimated Russians held 150-200 billion Swiss francs ($161-214 billion) with banks based in the country.
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Read more: Russians Have $200Bln in Swiss Bank Accounts – Reuters
Write comment (97 Comments)Britain’s media regulator Ofcom revoked the license of Russian state-run broadcaster RT on Friday.
The removal of RT's license comes into place with immediate effect, meaning the Russian state broadcaster will no longer be able to broadcast in the UK.
“We do not consider RT to be fit and proper to hold a UK license and cannot be satisfied that it
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Read more: British Media Regulator Revokes RT License
Write comment (91 Comments)Russian forces on Friday destroyed an aircraft repair plant in the western Ukrainian city of Lviv but no one was hurt, the mayor said.
A thick pall of grey smoke streamed across the clear blue sky over Lviv's airport on Friday morning, an AFP reporter saw, and ambulances raced to the scene.
"Several missiles hit an aircraft repair plant," Mayor
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Read more: Russian Missiles Destroy Aircraft Repair Plant in Ukraine's Lviv & Mayor
Write comment (98 Comments)Rescue workers searched desperately for any survivors buried beneath the rubble of Mariupol's bombed-out theater Friday, as Russia's forces pounded residential areas across Ukraine, stoking allegations of war crimes.
Twenty-four hours after Mariupol's once-gleaming whitewashed theater was hollowed out by a Russian strike, the number of dead,
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Read more: Search for Ukraine Theater Bombing Survivors as War Crime Claims Mount
Write comment (93 Comments)Western powers have seized the yachts of Russian oligarchs and booted Russian banks out of the international system in response to the Ukraine invasion, but sanctions that limit access to the internet are proving highly divisive.
Ukraine has called loudly for a widespread boycott and Kyiv has even pushed for Russia to be cut off from the world wide
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Read more: The Battle to Keep Russia's Internet Free
Write comment (98 Comments)A Russian court on Thursday extended the arrest on drug charges of U.S. basketball star Brittney Griner, Russian state media reported.
Griner, a two-time Olympic gold medallist and WNBA champion, was detained in Moscow airport earlier this month on charges of carrying vape cartridges that contained cannabis oil in her luggage.
A court in the town of
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Read more: Russia Extends Drug Arrest of U.S. Basketball Star Griner – Reports
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