With most of the Western world uniting against Russia’s invasion of Ukraine, Britain is trying to plug loopholes for wealthy Russians to which it has long turned a blind eye.
Tag: High Net Worth Individuals
U.K. Moves to Tighten Laws on Oligarchs. Critics Say It’s Too Late.
With most of the Western world uniting against Russia’s invasion of Ukraine, Britain is trying to plug loopholes for wealthy Russians to which it has long turned a blind eye.
Vast Leak Exposes How Credit Suisse Served Strongmen and Spies
Leaked data on more than 18,000 accounts shows that the Swiss bank missed or ignored red flags.
A Love of Trees or a Display of Power? The Odd Park of an Oligarch.
A billionaire former prime minister says he has retired from Georgia’s fraught politics. His critics say he still wields considerable power. What’s beyond dispute: his obsession with trees.
Billionaire’s Star Rises as She Takes Bold Stance on Racism in Brazil
Luiza Trajano turned a small family store into a retail giant. Now, a company policy limiting its executive training program to Black applicants is drawing praise, outrage and much soul-searching.
Pandora Papers Leak: What to Know
Revelations from nearly 12 million leaked confidential financial records have thrown light on the concealed wealth of powerful public figures around the world. How do they hide their money, and why is this information important?
Jordan’s King Among Leaders Accused of Amassing Secret Property Empire
A leak of nearly 12 million files suggested King Abdullah II was among 35 current and former leaders to use secret shell companies to hide their wealth.
What a Fungus Reveals About the Space Program
One thing’s for sure: Escaping the dung heap doesn’t come cheap.
China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk
As the country’s leader prepares for a likely third term, he is promising “common prosperity” to lift farmers and working families into the middle class.
With a Big Tax Break, Hong Kong Tries to Soothe the Rich
Beijing, which can’t afford to let its attack on civil liberties scare away global banks and financiers, is offering them a big tax break and other perks.