Most of the yachts are registered through offshore vehicles and docked in far-flung locales. Updated on January 9, 2023. The locations on the map have not been updated since this story was initially published in March 2022. R ussian billionaires have been in the spotlight since Vladimir Putin invaded Ukraine on February 24. In his State of the Union address on March 1, President Joe Biden said his administration would work with European countries to target Russian oligarchs by seizing “their yachts, their luxury apartments, their private jets.” The United Kingdom and the European Union imposed sanctions on three more Russian billionaires on March 9 and the U.K. sanctioned Roman Abramovich the next day; more sanctions were announced on March 15 and on March 24; new actions have since brought the total number of sanctioned Russian-born billionaires to 45. Several yachts owned by sanctioned billionaires or their family members and associates—Roman Abramovich, … [Read more...] about Biden And Allies Are Coming For Russian Billionaires’ Yachts: Forbes Tracked Down 61. Here’s Where To Find Them
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China’s Engagement In The Caribbean And The United States’ Response
Share to Twitter Share to Linkedin This past week ushered in the Chinese new year and the largest annual migration on the planet with over 200 million people traveling within China and from different parts of the world traveling back to China to visit family. While the global community marvels at such an event, what has gone unnoticed is the migration of Chinese people, capital, and resources flowing to the Caribbean. Traditionally, the United States has held unrivaled influence over the Caribbean. However, during the past few decades, America has become complacent in its position of power and competing foreign policy priorities, and has enabled China to erode America’s “soft power” and dominance. Although the U.S. contributes to multilateral financing of infrastructure projects across the region, there is still a lack of directly led U.S. financed infrastructure projects. Moreover, a genuine feeling of economic and political neglect permeating throughout the … [Read more...] about China’s Engagement In The Caribbean And The United States’ Response