the DON JONES INDEX… |
|||
|
GAINS POSTED in GREEN LOSSES POSTED in RED 3/19/22 14,779.81 (rev) 14,642.67 (old) 3/12/22 14,818.09 (rev) 14,642.67 (old) |
||
6/27/13… 15,000.00 |
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(THE DOW JONES
INDEX: 3/19/22… 34,754.93;
3/12/22… 33,614.80; 6/27/13… 15,000.00) |
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OLIGARCHS, OILYGARCHS and SOME ASSASSINS!
Vladimir Putin’s
imperialistic war against the people and the state of the Ukraine has entered into
its third week with the Russian army still advancing, but meeting unexpected
resistance, the dictator... increasingly paranoid and berserk... reduced to
assuaging the bugs in his brain with horrific war crimes; air and ground
shelling of civilian targets – hospitals, apartment blocks, even a city
morgue. The so-called civilized world is
aghast and, for the most part, paralyzed.
China watches and waits.
President Joe has imposed such sanctions as he believes will not provoke
Mad Vlad into further outrages, including the ultimate madness – total
thermonuclear war – even though his secret spooks and spies have informed him
(and more than a few have leaked their concerns) that Putin has embarked upon a
Last Crusade.
First of that
Last, of course, is to reconstitute the former Soviet Union by conquering its
dozen or so former components – now dispersed and under varying positions on
the scale from tyranny to freedom, Belarus to the Baltics. When that is achieved... by any means
necessary, even by the sort of weaponry of mass destruction that will destroy
the sovereign and independent nation’s productive capacity and annihilate its
population, rendering its subjugation essentially fruitless... his next
objective will be to lasso the autonomous but allied former “satellites” like
Hungary, Romania, Bulgaria, the partitioned Czecho-Slovakia and exploded former
Yugoslavia and, above all, the arrogant and dangerous Poles back into his
corral.
This may pose a
problem in that most have been entrapped, seduced and probably inveigled into
joining the North Atlantic Treaty Organization under the thumb of the despised
and decadent Americans. And under
Article Five of the NATO protocols (See Attachment One), a military attack upon
one requires an unmoderated and unmitigated military response by all upon the
aggressor.
Which means World
War Three.
Total...
Nuclear...
Apocalypse. (See last week’s DJI)
Putin, however, is
a gambler and, now that the cards are dealt and Ukraine apparently holds a
stronger hand than anticipated, it’s time to push all the chips into the pot
and jump from the satellite recapture to the ultimate goal – destruction of and
enslavement of the West. He has watched
America, the leader of the gang, rent asunder by its own partisan, geographic,
racial and cultural strife and... under a succession of weak and/or corrupt
leaders... slide into decline. President
Biden, like the Soviets of a quarter century ago, engineered a humiliating
debacle in Afghanistan (graveyard of the imperialists) and his predecessor,
Djonald Unashamed, proved a craven toady and willing American Quisling,
toadying up to the Russians even after reports of their atrocities could no
longer be concealed.
So it is certainly
possible that the West will wave the white flag rather than risk the wrath of
the little dictator and his increasingly uneasy armed forces. But it is also possible that they will not.
To date, the
response of the Americans... and, to a lesser extent, the British... has
centered upon imposing sanctions that anger and alienate the Russian people and
do not concern Putin, who has no regard for serfs (his own or foreigners) but
also finger a handful of the so-called oligarchs, the biznessmen who have grown
wealthy by commandeering the choicest cuts on the carcass of Soviet
Communism. They have been named and are
subject to humiliation (or worse) should they venture out of Mother Russia and
some... the unfortunate and dim-witted who either failed to gain an inkling of
their Commander’s intentions from Putin himself or from the fiscal implications
of the war – leaving their assets in banks and investments vulnerable to
seizure or their “look at me!” foreign mansions and costly yachts moored in
unfriendly waters.
They have nobody
but themselves to blame.
All in all,
America has sanctioned seventeen of these creatures (as of most recent
numeration – new targets are being identified and taken down almost daily) and
the British have cuffed seven more. (See
Attachment Two)
Collectively, they represent a Who’s Who of the makers and
shakers of modern Russia, the financial (and usually moral) equivalent of the
modern robber-barons who command Western enterprises. In other words, the billionaires... favored
with tax cuts, protected by flexible, fungible laws and private security armies
as well as legions of lawyers, accountants and looters – eyes always on prizes
that arise even in difficult times.
Specifically, for
the purpose of this Lesson, those Americans reaping the most lucre by gouging
Don Jones and the rest of the peasants at the gas gauges and those whose
fingers are tight around the throats of Americans desperate to heat their homes
and power their diversions. (See Attachment/s Three A and B)
Let’s begin with
the Russians...
THE
OLIGARCHS (Russia)
Who are the oligarchs?
In
Russia, according to Quartz (Attachment Four) oligarchs typically
refer to “wealthy individuals with close ties to Putin who became rich following the fall of the Soviet
Union. An oligarchy refers to a government run by a small group of
individuals for corrupt purposes.
“The
fall of the USSR in 1991 created opportunities for corruption at the highest
levels of the Russian government as it set out to privatize state-owned enterprises.
During this time, a small group of well-connected Russians amassed wealth
taking control of the state’s banks, factories, and natural resources.
“Today
Russian billionaires control about 30% of the nation’s
wealth, much of it stashed overseas. A 2017 National Bureau of Economic Research paper (pdf) estimated Russian elites’ offshore
assets were worth as much as the household assets of the entire Russian
population.”
Among the common
grounds between the Russian and American oligarchs is a dissonance between
official and not-so-official estimations of their worth. By most accounts, the Russians are
billionaires – many are billionaires many times over – most came by their
wealth by attaching themselves to the new, non-Soviet Russia long before
Vladimir Putin emerged from his quiet cave in East Germany, taking such wealth
as remained in the ruined U.S.S.R. When
Boris (“buy me a drink”) Yeltsin cast his nets about for a successor, Glad
Vlad, who’d mucked about in more security and spook related positions was
available and… in what many have called the worst decision made by a politician
in the 21st century (until, one hopes, Ukraine) appointed as prime
minister in August 1999. After the resignation of Yeltsin, Putin became acting
president, and less than four months later was elected outright to the
Presidency.
Time’s Suriya
Jayanti praised the sanctions package as “broad, deep, and targeted all at
once” but added that it will almost certainly “be more hype than impact,”
advocating embargoes of Russian energy, too.
(Attachment Five)
A CNN business report posited that, while oil prices per barrel
were falling, the American oilies were continuing their gouging at the
pump. (See Attachment Seven) A bad augur for proposed state and
Federal gas tax cuts!
Putin, meanwhile,
threatened other Eastern Europe nations (including NATO members whose
incursions would result in either the abject surrender of the West, or nuclear
war). The Guardian UK conducted man (and
woman) in the street interviews, finding fear and loathing ascendant. (See Attachment Eight)
Actions
On February 24, 2022, Treasury designated VTB Bank, Russia’s
second largest bank, pursuant to E.O. 14024 for being owned or controlled by,
or for having acted or purported to act for or on behalf of, directly or
indirectly, the GoR, and for operating or having operated in the financial
services sector of the Russian Federation economy. Today, OFAC is designating
the ten individuals comprising VTB Bank’s management board.
Olga Konstantinovna Dergunova
Vadim Valerievich Kulik
Valerii Vasilyevich Lukyanenko
Anatolii Yuryevich Pechatnikov
Natalia Germanovna Dirks
Maxim Dmitrievich Kondratenko
Erkin Rakhmatovich Norov
Svyatoslav Evgenievich Ostrovsky
Dmitrii Vasilyevich Pyanov
Yuriy Nikolaevich Andresov
On February 25th,
NBC News announced that the White House would
take the rare step of directly sanctioning Putin, a largely symbolic act given that the Russian
leader has hidden his wealth and made it difficult to freeze his assets.
They also listed seven oligarchs (plus a few more family members)
who might, the network said, “be less inclined to spread their wealth
internationally and instead choose to stay close to Putin in Russia.”
See NBC note on the list below... the notice is appended as
Attachment Nine.
Here are the
Russian oligarchs targeted in Biden's sanctions
“These people are KGB cronies,” a former U.S. ambassador
said. “They have more influence on policy, the kind of policy that led to
invading Ukraine, for example."
The network also
stated that “authorities from around the world have seized
almost a half-dozen superyachts belonging to billionaire oligarchs allied with Russian President Vladimir Putin.”
See their pictures at: https://www.nbcnews.com/politics/politics-news/are-superyachts-seized-russian-oligarchs-rcna20346?featureFlag=true#anchor-AmoreVero
As March blew in, DOJ announced the creation of “KleptoCapture” task
force to "seize the assets of individuals and entities who violate
these sanctions.” (The Hill)
“We will leave no stone unturned in our
efforts to investigate, arrest, and prosecute those whose criminal acts enable
the Russian government to continue this unjust war," Attorney General
Merrick B. Garland said.
NBC News then
announced that “authorities from around the world have seized
almost a half-dozen superyachts belonging to billionaire oligarchs allied with Russian President Vladimir Putin.”
See their pictures at: https://www.nbcnews.com/politics/politics-news/are-superyachts-seized-russian-oligarchs-rcna20346?featureFlag=true#anchor-AmoreVero
On March 3rd,
Quartz announced the names of more ollies sanctioned by President Joe. “Eight
individuals and their family members will be cut off from the US financial
system, see their US assets frozen, and have their property blocked from use,
according to the White House. The US will also make it harder for 19 oligarchs,
their families, and close associates, to secure US visas.
The Treasury Department’s March 11th offensive
(See OFAC at Treasury.gov, Attachment Ten) included designating regime elites
and business executives who are associates and facilitators of the Russian
regime, including three immediate family members of President Putin’s
spokesperson, Dmitriy Sergeevich Peskov; Russian tycoon and Kremlin insider
Viktor Vekselberg; and the Management Board of the sanctioned VTB Bank.
Additionally, OFAC designated 12 members of the Russian State Duma, including
Vyacheslav Victorovich Volodin, who is also a permanent member of Russia’s
Security Council.
Treasury continues to hold Russian officials to account for
enabling Putin’s unjustified and unprovoked war,” said Secretary of the
Treasury Janet L. Yellen. “Today’s actions also further isolates
the severely damaged Russian economy by prohibiting trade in products that are
key to the economic and financial interests of all Russian elites.”
OFAC designated twelve members of the Duma. The Duma is one
of two chambers of the Russian Federal Assembly, Russia’s legislature.
Following months of Russia’s buildup of military forces on the Ukrainian
border, in February 2022, the Duma voted in favor of sending a resolution to
Putin to recognize the independence of two separatist-held territories in
eastern Ukraine, the so-called Donetsk People’s Republic (DNR) and Luhansk
People’s Republic (LNR), which was a blatant violation of Ukrainian
sovereignty.
Specifically, 11 members of the Duma signed a letter to the
Duma’s speaker and member of the pro-Kremlin ruling United Russia Party, Vyacheslav Victorovich Volodin
(Volodin – see below), lobbying for Putin’s recognition of these two separatist
republics.
Today’s designations further hold to account those actors
who were directly responsible for Russia’s illegitimate and unlawful
recognition of the DNR and LNR regions of Ukraine and facilitating the sham
pretext used by Putin to justify the Russian Federation’s unprovoked war against
Ukraine. The eleven additional members of the Duma designated today consist of:
Yuriy Vyacheslavovich Afonin
Yevgeniy Ivanovich Bessonov
Leonid Ivanovich Kalashnikov
Vladimir Ivanovich Kashin
Nikolay Vasilievich Kolomeitsev
Aleksey Vladimirovich Kurinniy
Ivan Ivanovich Melnikov
Dmitriy Georgievich Novikov
Nikolay Ivanovich Osadchiy
Kazbek Kutsukovich Taysaev
Gennady Andreyevich Zyuganov
The British
Government, for its part, issued a list of Russians being sanctioned there, in
the United States and in a few other countries (notably where hyper-expensive
and extensive yachts were confiscated) under the “Russia (Sanctions) (EU Exit)
Regulations of 2019”, which ensure sanctions relating to Russia “are
implemented effectively after the UK leaves the EU.” Some pertinent moneygrabbers are in the
little chart below.
Sorry, Russian
Brexiteers.
For more on U.K.
sanctioned ollies, see Attachment Eleven.
The recent rosters
of sanctioned Russians is far larger than the smaller,
more targeted roster of the past month, but includes both British and (below)
American malfeasors. Added to the
official dossiers (in
slightly smaller print) are
a catchall chronology of presently maligned Putineers and their dirty deeds,
scoured from various media accounts.
(Note: Mad Vlad himself has a modest listing #653, with the customary
blurring of words and the explanation that he carries “ultimateauthority for
the policy ofthe Russian governmentand Russian armed forces” and that, in
February 2022, “Putin ordered Russianmilitary forces to launch an invasion
ofUkraine, undermining and threatening theterritorialintegrity, sovereignty or
independence ofUkraine.” Further
included are several bureaucratic designations.
That’s all!
Yuriy Vyacheslavovich
Afonin |
DUMA – see above |
Yevgeniy Ivanovich
Bessonov |
88.
Name 6: BESSONOV 1: EVGENY2: IVANOVICH3: n/a 4: n/a 5: n/a. Name (non-Latin
script): Бессонов
Евгений
Иванович DOB: 26/11/1978. POB:
Rostov-on-Don, Russia Nationality: Russia Address: 1 OkhotnyRyad str, Russia,
103265.Position: Member ofthe State Duma ofthe Russian
FederationOtherInformation: (UK Sanctions List Ref):RUS0319
(UK Statement of Reasons):Member ofthe State Duma ofRussia who voted in
favour ofFederalLawNo. 75577-8 “On theratification ofthe Treaty of
Friendship, Cooperation and MutualAssistance between the Russian Federation
and the Luhansk People's Republic”and/or FederalLaw No. 75578-8 “On
theratification ofthe Treaty ofFriendship, Cooperation and MutualAssistance
between the Russian Federation and the Donetsk People's Republic”. In so
doing, the memberendorsed President Putin’s decision to recognisethe Donetsk
People’s Republicand the Luhansk People’s Republicas independentstates,
thereby providing support for policiesand/oractions which destabilise Ukraine
and/or undermine or threaten theterritorialintegrity, sovereignty or
independence ofUkraine. (Gender):Male Listed on:
11/03/2022 UK Sanctions List Date Designated: 11/03/2022 Last Updated:
11/03/2022 Group ID: 14264 DUMA – see above |
Sergei Chemezov |
128. Name 6: CHEMEZOV1: SERGEY2: VIKTOROVICH3: n/a
4: n/a 5: n/a. DOB: 20/08/1952. POB: Irkutsk Oblast, Russia Nationality:
Russia Position: Chair ofthe Rostecconglomerate OtherInformation: (UK
Sanctions List Ref):RUS0088 (UK Statement
ofReasons):SergeyChemezov is one ofPresident Putin's known closeassociates,
both were KGBofficers posted inDresden and heisa member ofthe Supreme Council
of‘United Russia’. Heis benefiting fromhis links with the Russian President
by being promoted to senior positions in State-controlled firms. Hechairs the
Rostecconglomerate, theleading Russian state-controlled defenceand
industrialmanufacturing corporation. Further to a decision ofthe Russian
government, Technopromexport,asubsidiary ofRostec,
is planning to build energy plants inCrimeathereby supporting its integration
into the Russian Federation. Furthermore, Rosobornexportasubsidiary ofRostec,
has supported theintegration ofCrimean defencecompanies into Russia’s
defenceindustry, thereby consolidating theillegalannexation ofCrimeainto the
Russian Federation. (Gender):Male Listed on:
12/09/2014 UKSanctions List Date Designated: 31/12/2020 Last Updated: 31/12/2020
Group ID: 13115. A former KGB agent, Chemezov is the CEO of
state-owned defense conglomerate Rostec. Chemezov’s family amassed at least
$400 million worth of assets while he climbed the ranks of Putin’s inner
circle, according to Pandora
Papers documents, including a superyacht, offshore companies, and a real
estate business in Ireland. Authorities in Spain seized Sergei
Chemezov's Valerie, a 279-foot superyacht that had been moored
in Barcelona. Chemezov,
a former KGB officer, heads the state conglomerate Rostec. Spanish Prime
Minister Pedro Sanchez touted the
seizure on La Sexta television. “We are
talking about a yacht that we estimate is worth $140 million,” Sanchez said. |
Sergei Sergeevich Ivanov son of Sergei Borisovich Ivanov |
269. Name 6: IVANOV1: SERGEI 2: n/a 3: n/a 4: n/a 5:
n/a. DOB: 31/01/1953. Address: 12 BLD1 Rochdelskaya Street Apt 13.OtherInformation: (UK Sanctions List Ref):RUS0728 (UK
Statement ofReasons):Designated for the purposes ofan asset freezeand atravel
ban under the Russia(Sanctions) (EUExit) Regulations 2019. The designation is
madeasa designation by name under the urgent procedure. Therelevant provision
by referenceto which the Ministerconsiders thatconditionBis met is the
EuropeanUnion’s CouncilDecision 2014/145/CFSP (asamended)concerning
restrictive measures in respect ofactions undermining or threatening
theterritorialintegrity, sovereignty and independence ofUkraine,and
Council Regulation (EU) No 269/2014. The purposes ofthis provision correspond
oraresimilar to the purposes ofthe UK’s Russia(Sanctions)
(EUExit) Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence ofUkraine. The
Ministerconsiders that it is in the publicinterest to designate (conditionC).
Listed on: 15/03/2022 UKSanctions List Date Designated: 15/03/2022 Last
Updated: 15/03/2022 Group ID: 14679. (NBC)
Sergei Borisovich Ivanov is one of Putin's closest allies who previously
served as the chief of staff of the presidential executive office and deputy
prime minister and defense minister of Russia before becoming special
presidential representative for environmental protection, ecology and
transport. He served alongside Putin in the KGB and later became a permanent
member of the Security Council of the Russian Federation. His
son, Sergei Sergeevich Ivanov, is the CEO of the Russian state-owned diamond
mining company Alrosa and a board member of Gazprombank, Russia’s
third-largest financial institution. |
Leonid Ivanovich
Kalashnikov |
286.
Name 6: KALASHNIKOV1: LEONID2: IVANOVICH3: n/a 4: n/a 5: n/a. DOB:
06/08/1960. POB: StepnoyDvorets, Russia Nationality: Russia Position: First
DeputyChairman ofthe Committee on Foreign Affairs ofthe State Durma
OtherInformation: (UK Sanctions List Ref):RUS0111
(UK Statement ofReasons):Former First deputy Chairman ofthe Committee on
ForeignAffairs ofthe State Duma. On 20 March 2014 he voted in favour ofthe
draft FederalConstitutional Law'on theacceptanceinto the Russian Federation
ofthe Republic ofCrimeaand theformationwithin the Russian Federation of new
federalsubjects - therepublic ofCrimeaand the City ofFederalStatus
Sevastopol. CurrentlyChairman ofthe Russian State Duma Committeefor CIS
Affairs, Eurasian Intergration and Relations withCompatrios. (Gender):Male Listed on: 12/09/2014 UKSanctions List Date
Designated: 31/12/2020 Last Updated: 31/12/2020 Group ID: 13107. DUMA – see above |
Vladimir Ivanovich
Kashin |
307. Name 6: KASHIN 1: VLADIMIR2: IVANOVICH3: n/a
4: n/a 5: n/a. Name (non-Latin script): Кашин
Владимир
Иванович DOB: 10/08/1948.
POB: Nazarevo, Russia Nationality: Russia Address: 1 OkhotnyRyad str, Russia,
103265.Position: Member of the State Duma ofthe Russian
FederationOtherInformation: (UK Sanctions List Ref):RUS0419
(UK Statement ofReasons):Member of the State Duma ofRussia who voted in
favour ofFederalLawNo. 75577-8 “On theratification ofthe Treaty ofFriendship,
Cooperation and MutualAssistance between the Russian Federation and the
Luhansk People's Republic”and/or FederalLawNo. 75578-8 “On the ratification
ofthe Treaty ofFriendship, Cooperation and MutualAssistance between the
Russian Federation and the Donetsk People's Republic. DUMA – see above |
Nikolay Vasilievich
Kolomeitsev |
DUMA – see above |
Aleksey
Vladimirovich Kurinniy |
DUMA – see above |
Andrey
Melnichenko |
496. Name 6: MELNICHENKO 1: ANDREY2: IGOREVICH3: n/a
4: n/a 5: n/a. DOB: 08/03/1972. OtherInformation: (UK Sanctions List Ref):RUS0774 (UK Statement ofReasons):Designated for the purposes
of an asset freezeand atravel ban under the Russia(Sanctions) (EUExit)
Regulations 2019. The designation is madeasa designation by name under the
urgent procedure. Therelevant provision by referenceto which the
Ministerconsiders thatconditionBis met is the European Union’s
CouncilDecision 2014/145/CFSP (asamended)concerning restrictive measures in
respect ofactions undermining or threatening theterritorialintegrity,
sovereignty and independence ofUkraine,and
CouncilRegulation (EU) No 269/2014. The purposes ofthis provision correspond
oraresimilar to the purposes ofthe UK’s Russia(Sanctions)
(EUExit) Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence ofUkraine. The
Ministerconsiders that it is in the publicinterest to designate(conditionC).
Listed on: 15/03/2022 UK Sanctions List Date Designated: 15/03/2022 Last
Updated: 15/03/2022 Group ID: 14725. SY
A — short for Sailing Yacht A — is one of the world's largest superyachts.
Valued at over $440 million, the 469-foot vessel, owned by the fertilizer
magnate Andrey Melnichenko, has eight decks, multiple elevators, an
underwater observation area and the world's tallest masts.
It was seized in the Italian port of Trieste. |
Ivan Ivanovich
Melnikov |
497.
Name 6: MELNIKOV1: IVAN 2: IVANOVICH3: n/a 4: n/a 5: n/a. DOB: 07/08/1950. POB:
Bogoroditsk, Russia Nationality: Russia Address: Russia.Position: First
Deputy Speaker, State Duma Other Information: (UK Sanctions List Ref):RUS0028 (UK Statement ofReasons):First Deputy Speaker,
State Duma. On 20 March 2014 he voted in favour ofthe draft
FederalConstitutionalLaw'on theacceptanceinto the Russian Federation ofthe
Republic ofCrimeaand the formationwithin the Russian Federation of
newfederalsubjects - therepublic ofCrimeaand the City ofFederalStatus
Sevastopol'. (Gender):Male Listed on: 12/09/2014
UKSanctions List Date Designated: 31/12/2020 Last Updated: 31/12/2020 Group
ID: 13110. DUMA – see above |
Alexey
Mordashov |
The Lady M
superyacht, owned by this Russian billionaire was seized in Italy. (NBC) Authorities in
Italy seized a 215-foot superyacht called the Lady M this month. It's owned
by Alexei Mordashov, Russia's richest businessman, and it’s estimated to be
worth $27 million.
The vessel, which requires a crew of 14, has six guest cabins,
a pool and a gym. But
it pales in comparison to another of Mordashov's yachts, the $500 million Nord.
The 464-foot vessel, which has two helipads and a waterfall and can
accommodate 36 guests, was anchored this month in the Seychelles, where the
U.S. and European Union sanctions don’t apply. |
Dmitriy Georgievich
Novikov |
554.
Name 6: NOVIKOV 1: DMITRY2: GEORGIEVICH3: n/a 4: n/a 5: n/a. Name (non-Latin
script): Новиков
Дмитрий
Георгиевич DOB:
12/09/1969. POB: Khabarovsk, Russia Nationality: Russia Address: 1 OkhotnyRyad
str, Russia, 103265.Position: Member of the State Duma ofthe Russian
FederationOtherInformation: (UK Sanctions List Ref):RUS0467
(UK Statement ofReasons):Member of the State Duma ofRussia who voted in
favour ofFederalLawNo. 75577-8 “On theratification ofthe Treaty ofFriendship,
Cooperation and MutualAssistance between the Russian Federation and the
Luhansk People's Republic”and/or FederalLawNo. 75578-8 “On the ratification
ofthe Treaty ofFriendship, Cooperation and MutualAssistance between the
Russian Federation and the Donetsk People's Republic”. In so doing, the
memberendorsed President Putin’s decision to recognisethe Donetsk People’s Republicand
the Luhansk People’s Republicas independentstates, thereby providing support
for policiesand/oractions which destabilise Ukraineand/or undermine or
threaten theterritorialintegrity, sovereignty or independence ofUkraine.
(Gender):Male Listed on: 11/03/2022 UKSanctions List
Date Designated: 11/03/2022 Last Updated: 11/03/2022 Group ID: 14412 DUMA – see above |
Nikolay Ivanovich
Osadchiy |
DUMA – see above |
Andrey Patrushev, son of Nikolai Platonovich Patrushev |
586. Name 6: PATRUSHEV1: NIKOLAI 2: PLATONOVICH3:
n/a 4: n/a 5: n/a. Name (non-Latin script):
Николай
Платонович
Патрушев DOB: 11/07/1951.
POB: Leningrad (St Petersburg), USSR(nowRussian
Federation) Nationality: Russia Address: Russia.Position: Secretary ofthe
SecurityCouncil ofthe Russian FederationOther InformationOtherInformation:
(UK Sanctions List Ref):RUS0048 (UK Statement ofReasons):Permanentmemberand
Secretary ofthe SecurityCouncil ofthe Russian Federation. Asa member ofthe
SecurityCouncil, which providesadvice on and coordinates nationalsecurity
affairs, he was involved in shaping the policy ofthe Russian Government
threatening theterritorialintegrity, sovereignty and independence ofUkraine(Gender):Male Listed on: 25/07/2014 UK Sanctions
List Date Designated: 31/12/2020 Last Updated: 31/12/2020 Group ID: 13036. (NBC)
Nikolai Platonovich Patrushev also served in the KGB with Putin, later became
head of the Federal Security Service, the main successor agency to the Soviet
Union’s KGB. Patrushev is now secretary of the Russian Federation Security
Council and was previously sanctioned in 2018. He was also implicated in the
fatal radiation poisoning of Alexander Litvinenko, a former Russian
intelligence official who defected to the West. His
son, Andrey Patrushev, served in leadership roles at Gazprom Neft, the
third-largest oil producer in Russia. |
Dmitriy Sergeevich Peskov (and Family) |
595. Name 6: PESKOV1: DMITRY2: SERGEYVICH3: n/a 4:
n/a 5: n/a. DOB: 17/10/1967. OtherInformation: (UK Sanctions List Ref):RUS0753 (UK Statement ofReasons):Designated for the
purposes of an asset freezeand atravel ban under the Russia(Sanctions)
(EUExit) Regulations 2019. The designation is madeasa designation by name
under the urgent procedure. Therelevant provision by referenceto which the
Ministerconsiders thatconditionBis met is the European Union’s
CouncilDecision 2014/145/CFSP (asamended)concerning restrictive measures in
respect ofactions undermining or threatening theterritorialintegrity,
sovereignty and independence ofUkraine,and
CouncilRegulation (EU) No 269/2014. The purposes ofthis provision correspond
oraresimilar to the purposes ofthe UK’s Russia(Sanctions)
(EUExit) Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence ofUkraine. The
Ministerconsiders that it is in the publicinterest to designate(conditionC).
Listed on: 15/03/2022 UK Sanctions List Date Designated: 15/03/2022 Last
Updated: 15/03/2022 Group ID: 14704. 596. Name 6: PESKOV1: NIKOLAY2: n/a 3: n/a 4: n/a 5: n/a.
OtherInformation: (UK Sanctions List Ref):RUS0862
(UK Statement ofReasons):Designated for the purposes ofan asset freezeand a
travel ban under the Russia(Sanctions) (EUExit) Regulations 2019. The
designation is madeasa designation by name under the urgent procedure.
Therelevant provision by referenceto which the Ministerconsiders
thatconditionBis met is Executive Order 14024. The purposes ofthis provision
correspond oraresimilar to the purposes ofthe UK’s Russia(Sanctions)
(EUExit) Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence ofUkraine. The
Ministerconsiders that it is in the publicinterest to designate(conditionC).
Listed on: 15/03/2022 UKSanctions List Date Designated: 15/03/2022 Last
Updated: 15/03/2022 Group ID: 14813. 597. Name 6: PESKOVA1: ELIZAVETA2: DMITRIYEVNA3: n/a 4: n/a 5:
n/a. OtherInformation: (UK Sanctions List Ref):RUS0863
(UK Statement ofReasons):Designated for the purposes ofan asset freezeand a
travel ban under the Russia(Sanctions) (EUExit) Regulations 2019. The
designation is madeasa designation by name under the urgent procedure.
Therelevant provision by referenceto which the Ministerconsiders
thatconditionBis met is Executive Order 14024. The purposes ofthis provision
correspond oraresimilar to the purposes ofthe UK’s Russia(Sanctions)
(EUExit) Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence ofUkraine. The
Ministerconsiders that it is in the publicinterest to designate(conditionC).
Listed on: 15/03/2022 UKSanctions List Date Designated: 15/03/2022 Last
Updated: 15/03/2022 Group ID: 14814. Family of Dmitriy
Peskov, Kremlin Spokesman On March 3, 2022, the U.S. State Department designated Dmitriy Sergeevich Peskov (Peskov), identified as the lead
propagandist and spokesperson of the Russian Federation. Peskov was designated
pursuant to Executive Order (E.O.) 14024 for being or having been an official
of the Government of the Russian Federation (GoR). Australia, Canada, and the
European Union (EU) have also sanctioned Peskov. Today, OFAC is designating three of Peskov’s family
members, all of whom live luxurious lifestyles that are incongruous with
Peskov’s civil servant salary and are likely built on the ill-gotten wealth
of Peskov’s connections to Putin. Peskov’s wife, Tatiana Aleksandrovna Navka (Navka), has a property empire worth
more than $10 million. Her real estate includes property in an elite Moscow
suburb where Putin also lives, another multimillion-dollar apartment in
Moscow given to her by the GoR, and an apartment in Ukraine’s Crimean peninsula, which Russia has occupied since 2014.
She first gained notoriety when she won a gold medal in ice dancing
representing Russia at the 2006 Winter Olympics and later hosted an ice
dancing show on Russia’s state-owned pro-Kremlin Channel One. Treasury also designated Peskov’s two adult
children, Nikolay Peskov
(Nikolay) and Elizaveta
Dmitriyevna Peskova (Liza). Nikolay grew up in the United Kingdom
but moved back to Russia to serve in the army, and later worked for the
Russian propaganda outlet RT. Nikolay reportedly has access to a number of
luxury vehicles and travels on private aircraft and yachts. Liza has tens of
thousands of followers on social media, where she displays her luxurious
lifestyle. She previously interned for a member of the European Parliament
who publicly supported Russia’s attempted annexation of Ukraine’s Crimea
region. Navka, Nikolay, and Liza are all being
designated today pursuant to E.O. 14024 for being a spouse or adult child of
Peskov, a person whose property and interests in property are blocked pursuant to
E.O. 14024 Peskov is the spokesman for the Kremlin. His
daughter, who reportedly spoke out against
the war in Ukraine on her Instagram account, was not on the US sanctions
list. – Quartz |
Yevgeniy Prigozhin |
634. Name 6: PRIGOZHIN 1: PAVEL 2: EVGENYEVICH3: n/a
4: n/a 5: n/a. DOB: 18/06/1998. OtherInformation: (UK Sanctions List Ref):RUS0801 (UK Statement ofReasons):Designated for the
purposes of an asset freezeand atravel ban under the Russia(Sanctions)
(EUExit) Regulations 2019. The designation is madeasa designation by name
under the urgent procedure. Therelevant provision by referenceto which the
Ministerconsiders thatconditionBis met is Canada’s Special Economic Measures
(Russia) Regulations. The purposes ofthis provision correspond oraresimilar
to the purposes ofthe UK’s Russia (Sanctions) (EUExit) Regulations 2019,
which haveas their purposes to encourage Russiato ceaseactions
destabilisingUkraine or undermining or threatening theterritorialintegrity,
sovereignty or independence ofUkraine. The Ministerconsiders that it is in
the public interest to designate(conditionC). Listed on: 15/03/2022
UKSanctions List Date Designated: 15/03/2022 Last Updated: 18/03/2022 Group
ID: 14752 The wealthy businessman, nicknamed “Putin’s cook,”
was indicted by the US in
2018 for heading efforts to meddle in the 2016 US election. – Quartz And see here
for a nice photograph of how Mad Vlad responds to his sad cook’s cooking! |
Andrey Sergeyevich Puchkov |
646. Name 6: PUCHKOV1: ANDREY2: SERGEEVICH3: n/a 4:
n/a 5: n/a. DOB: 23/01/1977. OtherInformation: (UK Sanctions List Ref):RUS0794 (UK Statement ofReasons):Designated for the
purposes of an asset freezeand atravel ban under the Russia(Sanctions)
(EUExit) Regulations 2019. The designation is madeasa designation by name
under the urgent procedure. Therelevant provision by referenceto which the
Ministerconsiders thatconditionBis met is Canada’s Special Economic Measures
(Russia) Regulations. The purposes ofthis provision correspond oraresimilar
to the purposes ofthe UK’s Russia (Sanctions) (EUExit) Regulations 2019,
which haveas their purposes to encourage Russiato ceaseactions
destabilisingUkraine or undermining or threatening theterritorialintegrity,
sovereignty or independence ofUkraine. The Ministerconsiders that it is in
the public interest to designate(conditionC). Listed on: 15/03/2022
UKSanctions List Date Designated: 15/03/2022 Last Updated: 18/03/2022 Group
ID: 14745. NBC)
A high-ranking executive at VTB Bank, Russia's second-largest financial
institution that was sanctioned this week, Puchkov was previously chairman of
the FC Dynamo Moscow football club, according to The Wall Street Journal, and several other companies,
including multiple real estate endeavors. VTB
was dropped by a U.S. lobbying firm after
sanctions were announced. Its website no longer appears to be functional. |
Vladimir Putin |
653. Name 6: PUTIN 1: VLADIMIR2: VLADIMIROVICH3: n/a
4: n/a 5: n/a. Name (non-Latin script):
Владимир
Владимирович
Путин DOB: 07/10/1952. POB: St Petersburg
(thenLeningrad), Russia a.k.a: PUTIN, Vladimir
Nationality: Russia Address: Moscow, Russia.Position: President ofthe Russian
FederationOtherInformation: (UK Sanctions List Ref):RUS0251 (UK Statement of
Reasons):Vladimir Vladimirovich Putin is the President ofthe Russian
Federation,carrying ultimateauthority for the policy ofthe Russian
governmentand Russian armed forces. In February 2022, Putin ordered
Russianmilitary forces to launch an invasion ofUkraine, undermining and
threatening theterritorialintegrity, sovereignty or independence ofUkraine.
(Gender):Male Listed on: 25/02/2022 UK Sanctions
List Date Designated: 25/02/2022 Last Updated: 25/02/2022 Group ID: 14196. |
Arkady Rotenberg |
679. Name 6: ROTENBERG1: ARKADY2: ROMANOVICH3: n/a
4: n/a 5: n/a. DOB: 15/12/1951. POB: Leningrad (St Petersburg), Russia a.k.a: ROTENBERG, Arkadii, Romanovich Nationality: Russia
Address: Russia.Position: (1) Former Chairman of house(2) Previous owner
ofStroygazmontazhOtherInformation: (UK Sanctions List Ref):RUS0123 (UK
Statement ofReasons):ArkadyRotenberg isa prominent Russian businessmanwho
hasclose personal ties to President Putin. Since March 2014, Rotenberg, or
hiscompanies, havereceived Statecontracts totalling over USD7 Billion. In
2015, Rotenberg led theannuallist of governmentcontracts in terms of value,after being awarded contracts worth 555 Billion
roubles. The Rotenberg brothers own Russia’s SMP
bank together. Arkady, a close friend who once did judo with
Putin, oversaw
the construction of a bridge between Russia and Crimea in 2018. Both
brothers were sanctioned by the US in 2014 over ties to Putin. - Quartz |
Boris Rotenberg |
680. Name 6: ROTENBERG1: BORIS 2: ROMANOVICH3: n/a
4: n/a 5: n/a. Name (non-Latin script): Борис
Романович
Ротенберг DOB:
01/03/1957. a.k.a: ROTHENBERG, Boris Nationality: (1) Russia(2)
Finland OtherInformation: (UK Sanctions List Ref):RUS0246 Other suspected
locations:Moscow, Russia(UK Statement ofReasons):Boris Rotenberg, hereafter
Rotenberg, isa prominent Russian businessmanwith close personalties to
Russian President, Vladimir Putin. Rotenberg isa major shareholder ofSMP Bank
and sits on its Board ofDirectors. Rotenberg thereforeis or has been involved
in obtaining a benefit fromor supporting the Government ofRussia by virtue of
owning orcontrolling directly or indirectly"or"working asa
director"or"equivalent"at SMP Bank which isa
RussianGovernmentaffiliated-entitywhich obtainsafinancial benefit or other material
benefit fromthe Government ofRussiaand is carrying out business in
thefinancesector which isasector ofstrategicsignificanceto the Government
ofRussia. Listed on: 22/02/2022 UKSanctions List Date Designated: 22/02/2022
Last Updated: 22/02/2022 Group ID: 14182. See above from Quartz |
Ivan Igorevich Sechin son of Igor Ivanovich Sechin |
720. Name 6: SECHIN 1: IGOR2: IVANOVICH3: n/a 4: n/a
5: n/a. Name (non-Latin script): Игорь
Иванович
СЕЧИН DOB: 07/09/1960. POB: Leningrad / St. Petersburg,
Russia a.k.a: SECHIN, Igor Nationality: Russia Position: (1) ChiefExecutive
Officer (2) Chairman ofthe Management Board (3) DeputyChairman ofthe Board
ofDirectors, RosneftOtherInformation: (UK Sanctions List Ref):RUS0273 (UK Statement ofReasons):Igor Ivanovich SECHIN
(hereafter referred to as SECHIN) isa prominent Russian businessmanwith close
personalties to Vladimir Putin. SECHIN is ChiefExecutive Officer, Chairman
ofthe Management Board and DeputyChairman ofthe Board ofDirectorsat Rosneft.
Rosneft is theleading company in the Russian oilsectorand thelargest publicly
owned oiland gascorporation in the world. Its main shareholder is ROSNEFTEGAZ
JSC, which is 100%owned by the Government of Russia. It is thereforea
Government ofRussia-affiliated entity. Therefore,asaresult
of his positionsabove, SECHIN is involved in obtaining a benefit fromand
supporting the Government ofRussiaas he holds the position ofa director in a
Government ofRussia-affiliated entity, and onethatcarries on business in
asector ofstrategicsignificanceto the Government ofRussia. (Gender):Male Listed on: 10/03/2022 UKSanctions List Date
Designated: 10/03/2022 Last Updated: 10/03/2022 Group ID: 14213. Officials
in France announced this
month that they had seized the 289-foot Amore Vero, which was undergoing
repairs in a shipyard near Marseille. When they arrived, authorities said, they
found the crew preparing for an urgent departure, even though the repair work
was scheduled to last through April. The $120 million boat, which has seven cabins,
is linked to Igor Sechin, described by the U.S. Treasury Department as a
close ally of Putin's. (NBC) Igor Ivanovich Sechin is CEO, chairman
of the management board and deputy chairman of the board of directors of Rosneft,
one of the world’s largest publicly traded oil companies. He also served as
deputy prime minister of the Russian Federation from 2008 until 2012. The
former Soviet military interpreter helped secure a $16 billion deal with BP,
which gave the Russian company a 5 percent stake in the British oil company,
Reuters reported in 2011. His
son is reportedly a deputy head of a department at Rosneft. |
Igor Shuvalov |
761. Name 6: SHUVALOV1: IGOR2: IVANOVICH3: n/a 4:
n/a 5: n/a. Name (non-Latin script): ИгорЬ
Иванович
ШУВАЛОВ DOB: 04/01/1967. POB:
Bilibino, Russia a.k.a: SHUVALOV, Igor Nationality:
Russia OtherInformation: (UK Sanctions List Ref):RUS0265 (UK Statement
ofReasons):Igor Ivanovich SHUVALOV(hereafter referred to as SHUVALOV) is
Chairman ofthe Management Board at Vnesheconombank (hereafter referred to as
VEB.RF). VEB.RF isastatecorporation established by the Government ofRussiato
function as the national development bank,and is
owned orcontrolled directly by the Government ofRussia. It is thereforea Government
ofRussia-affiliated entity. Therefore,asaresult of
his position as Chairman ofthe Management Board at VEB.RF, SHUVALOVis working
asa director orequivalentata Government ofRussia-affiliated entity,and is
obtaining a benefit fromor supporting the Government ofRussia. (Gender):Male Listed on: 03/03/2022 UKSanctions List Date
Designated: 03/03/2022 Last Updated: Shuvalov was once Putin’s deputy prime minister and
is now the head of the Russian development bank VEB. Russian opposition
politician Alexei Navalny previously accused
Shuvalov of using a $62 million undeclared private business jet to
shuttle his wife’s prize-winning corgi dogs around the world. – Quartz |
Yuriy Alekseyevich Soloviev |
(NBC)
Soloviev is a VTB Bank executive, having previously worked at Lehman Brothers
and Deutsch Bank in London. He is currently the chairman of the board
of directors of FC Dynamo Moscow football club. |
Kazbek Kutsukovich
Taysaev |
822.
Name 6: TAYSAEV 1: KAZBEK 2: KUTSUKOVICH3: n/a 4: n/a 5: n/a. Name (non-Latin
script): Тайсаев КазбекКуцукович DOB: 12/02/1967. POB: Chikola,
Ossetia, Russia Address: 1 OkhotnyRyad str, Russia, 103265.Position: Member
ofthe State Duma ofthe Russian FederationOtherInformation: (UK Sanctions List
Ref):RUS0649 (UK Statement ofReasons):Member ofthe State
Duma ofRussia who voted in favour ofFederalLawNo. 75577-8 “On theratification
ofthe Treaty ofFriendship, Cooperation and Mutual Assistance between the
Russian Federation and the Luhansk People's Republic”and/or FederalLawNo.
75578-8 “On theratification of the Treaty ofFriendship, Cooperation and
MutualAssistance between the Russian Federation and the Donetsk People's
Republic”. In so doing, the memberendorsed President Putin’s decision to
recognisethe Donetsk People’s Republicand the Luhansk People’s Republicas
independentstates, thereby providing support for policiesand/oractions which
destabilise Ukraineand/or undermine or threaten the territorialintegrity,
sovereignty or independence ofUkraine. Listed on: 11/03/2022 UKSanctions List
Date Designated: 11/03/2022 Last Updated: 11/03/2022 Group ID: 14594 DUMA – see above |
Gennady
Timchenko |
831. Name 6: TIMCHENKO 1: GENNADIY2: NIKOLAYEVICH3:
n/a 4: n/a 5: n/a. Name (non-Latin script):
Геннадий
Николаевич
Тимченко DOB: 09/11/1952. POB:
Leninakan, Armenia a.k.a: (1) TIMCHENKO, Gennadi, Nikolayevich (2) TIMCHENKO,
Gennady, Nikolayevich Nationality: (1) Russia(2)
Finland (3) Armenia Position: Shareholder inBank Russia OtherInformation: (UK
Sanctions List Ref):RUS0235 (UK Statement ofReasons):GennadiyTimchenko,
hereafter Timchenko isa major shareholder inBank “Rossiya”. Bank “Rossiya”isa key stakeholder in the NationalMedia Group
which supports Russian policywhich is destabilisingUkraine. Following
theannexation ofCrimea, Bank “Rossiya” hasexpanded its bank branchesand
provision ofinsuranceand investment throughout Crimea and Sevastopol;and
offers support to military activitiesand theformation ofmajor transport
linksand cards thatallowthe publicto travel easily around the peninsula.
Therefore, Bank “Rossiya” has supported theconsolidation ofCrimeainto the
Russian Federation by integrating thefinancialsystemfollowing theannexation
ofCrimea. Timchenko thereforeis or has been involved in engaging in,
providing support for, or promoting any policy oractionwhich destabilises
Ukraine or undermines or threatens theterritorialintegrity, sovereignty or
independence ofUkraine. Additionally, Timchenko isassociated with a person
involved in destabilisingUkraine or undermining or threatening theterritorial
integrity, sovereignty or independence ofUkraine. (Gender):Male
Listed on: 22/02/2022 UKSanctions List Date Designated: 22/02/2022 Last
Updated: 22/02/2022 Group ID: 14181. (NBC) Italian officials seized the 132-foot superyacht Lena,
owned by the energy magnate Gennady Timchenko.
Estimated to be worth $8 million, it has five cabins and
can accommodate 10 guests. |
Nikolai Tokarev |
839. Name 6: TOKAREV1: NIKOLAI 2: PETROVICH3: n/a 4:
n/a 5: n/a. Name (non-Latin script):
Николай
Петрович
ТОКАРЕВ DOB: 20/12/1950. POB:
Karaganda, Kazakhstan a.k.a: (1) TOKAREV, Nikolai(2)
TOKAREV, Nikolay Nationality: Russia Position: (1) Chairman ofthe Management
(2) President ofTransneftOtherInformation: (UK Sanctions List Ref):RUS0271
(UK Statement ofReasons):NikolaiTOKAREV, hereafter TOKAREV, isa prominent
Russian businessmanwith significant interests in the extractivesand energy
industries,as wellasalongstanding associate ofVladimir Putin. Heiscurrently
President ofTransneft – astate enterprisethat provides services for oiland
oil products transportationwithinRussiaand beyond. Transneft isa Government
ofRussiaaffiliated entitywhich carries on business in sectors
ofstrategicsignificanceto the Government ofRussia. TOKAREVis working asa
director (whetherexecutive or non-executive), trustee, orequivalent ofTransneft,and is thereforea personwho is or has been
involved in @ As president of Transneft, Tokarev runs a
state-owned oil and gas company responsible for transporting 90% of
oil extracted from Russia, according to the Treasury Department. He served
alongside Putin in the KGB in the 1980s, and the EU believes he helped seize
control of Russian state assets in
the 2000s. – Quartz |
Galina Olegovna Ulyutina (Soloviev) |
861. Name 6: ULYUTINA1: GALINA2: n/a 3: n/a 4: n/a
5: n/a. DOB: 20/10/1977. Address: 8-1-60 Philippovskiy, Moscow,
Russia.OtherInformation: (UK Sanctions List Ref):RUS0808
(UK Statement ofReasons):Designated for the purposes ofan asset freezeand
atravel ban under the Russia(Sanctions) (EUExit) Regulations 2019. The
designation is madeasa designation by name under the urgent procedure.
Therelevant provision by referenceto which the Ministerconsiders
thatconditionBis met is Canada’s SpecialEconomic Measures (Russia)
Regulations. The purposes ofthis provision correspond oraresimilar to the
purposes ofthe UK’s Russia(Sanctions) (EUExit)
Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence of Ukraine. The
Ministerconsiders that it is in the publicinterest to designate(conditionC).
Listed on: 15/03/2022 UKSanctions List Date Designated: 15/03/2022 Last
Updated: 18/03/2022 Group ID: 14759. (NBC)
Galina Olegovna Ulyutina, Soloviev’s
wife, was previously implicated in a golden passport scheme, according to the
U.S. Treasury Department. Such an arrangement allows wealthy foreigners to
gain citizenship in exchange for a minimum amount of investment in certain
countries. |
Alisher Usmanov |
863. Name 6: USMANOV1: ALISHER2: BURKHANOVICH3: n/a
4: n/a 5: n/a. Name (non-Latin script):
Алишер
Бурханович
УСМАНОВ DOB: 09/09/1953. POB: Chust , Uzbekistan a.k.a: USMANOV, Alisher Nationality:
Russia Position: Founder ofUSM Holdings OtherInformation: (UK Sanctions List
Ref):RUS0266 (UK Statement ofReasons):Alisher USMANOVisa prominent Russian
businessman and pro-Kremlin oligarch. USMANOVisclosely associated with
high-profileindividuals within the Government ofRussia, both financially
through hisconsiderable business linksand through relationships with
significant individuals including President Vladimir Putin. Therefore,
USMANOVisassociated with individuals within the Government ofRussia who
areinvolved in destabilising and threatening theterritorialintegrity,
sovereignty and independence ofUkraine. Furthermore, USMANOV– via his holding
companyUSM HOLDINGS – carries on business in sectors
ofstrategicsignificanceto the Government ofRussia. (Gender):Male
Listed on: 03/03/2022 UKSanctions List Date Designated: 03/03/2022 Last
Updated: 03/03/2022 Group ID: 14210. The Russian billionaire owns a 500-foot superyacht
worth nearly $600 million that was taken by German authorities earlier this
week. Usmanov is already sanctioned by the EU. The ship is currently sitting in
a shipyard in Hamburg. – Quartz |
Alexander Aleksandrovich Vedyakhin |
(NBC) Vedyakhin currently serves as first
deputy chairman of the executive board of Sberbank, Russia’s largest
financial institution that was also sanctioned. |
Viktor Vekselberg |
880. Name 6:
VEKSELBERG1: VIKTOR2: FELIKSOVICH3: n/a 4: n/a 5: n/a. OtherInformation: (UK
Sanctions List Ref):RUS0867 (UK Statement
ofReasons):Designated for the purposes ofan asset freezeand a travel ban
under the Russia(Sanctions) (EUExit) Regulations 2019. The designation is
madeasa designation by name under the urgent procedure. Therelevant provision
by referenceto which the Ministerconsiders thatconditionBis met is Executive
Order 14024. The purposes ofthis provision correspond oraresimilar to the
purposes ofthe UK’s Russia(Sanctions) (EUExit)
Regulations 2019, which haveas their purposes to encourage Russiato
ceaseactions destabilisingUkraine or undermining or threatening
theterritorialintegrity, sovereignty or independence ofUkraine. The
Ministerconsiders that it is in the publicinterest to designate(conditionC).
Listed on: 15/03/2022 UKSanctions List Date Designated: 15/03/2022 Last
Updated: 15/03/2022 Group ID: 14818. A Network Close to
the Kremlin Viktor Feliksovich Vekselberg (Vekselberg) is a prominent Russian businessman with an
estimated net worth exceeding $6 billion who was previously designated on April 6, 2018 pursuant to
E.O. 13662 for operating in the energy sector of the Russian Federation
economy. Vekselberg’s extensive holdings, predominantly consolidated through
his designated Renova Group of companies, span multiple sectors of the
Russian Federation economy, and are intertwined with some of the GoR’s global
initiatives, such as the Rusnano Group, one of the largest technological
investors in Russia which provides a revenue source to the GoR. Vekselberg has
maintained close ties with leading GoR officials, including Putin and former Russian
President, Dmitry Medvedev (Medvedev). Medvedev personally appointed
Vekselberg to serve as director and president of the Skolkovo Foundation
(SF), a GoR initiative aimed at creating a Russian version of Silicon Valley
in order to elevate Russia’s international status as a leading innovation
center for technological developments. Following his prior designation,
Vekselberg no longer holds this position with SF. Furthermore, Vekselberg has
taken part in Russian diplomatic and soft power activities on behalf of the
Kremlin, accompanying GoR officials on cultural missions abroad. As part of today’s
action, OFAC is identifying as blocked property two of Vekselberg’s luxury
assets: an aircraft with tail number P4-MIS and a yacht titled Tango. P4-MIS is an Airbus A319-115 with serial number 3133
registered in Aruba. Vekselberg’s yacht, Tango, is flagged in the Cook
Islands, a self-governing island country in the South Pacific Ocean in free
association with New Zealand, with IMO number 1010703, and gross registered
tonnage of 2,083. Both P4-MIS and Tango are valued at approximately $90
million each for a total of $180 million in identified blocked property. Vekselberg is being
redesignated pursuant to E.O. 14024 for having acted or purported to act for
or on behalf of, directly or indirectly, the GoR, and also for operating or
having operated in the technology sector of the Russian Federation economy. |
Vyacheslav
Victorovich Volodin |
893. Name 6: VOLODIN 1: VYACHESLAV2: VIKTOROVICH3:
n/a 4: n/a 5: n/a. DOB: 04/02/1964. POB: Alekseevka, Saratov region, Russia
Nationality: Russia Address: Russia.Position: Speaker ofthe State Duma ofthe
Russian Federation since 5 October 2016 OtherInformation: (UK Sanctions List
Ref):RUS0154 (UK Statement of Reasons):Former First DeputyChief
ofStaff ofthe PresidentialAdminstration ofRussia. Responsiblefor overseeing
the politicalintegration oftheannexed Ukrainian region ofCrimeainto the
Russian Federation,and thereby actively supported
and implemented policies that underminetheterritorialintegrity, sovereignty
and independence ofUkraine.Currently Speaker ofthe State Duma ofthe Russian
Federation since 5 October 2016. (Gender):Male
Listed on: 12/05/2014 UKSanctions List Date Designated: 31/12/2020 Last
Updated: 31/12/2020 Group ID: 12965. Volodin is a permanent member of the Russian
Security Council and was previously designated on April 28, 2014, pursuant to
E.O. 13661 for being an official of the GoR. Volodin signed the
resolution and Putin ultimately announced his decision to recognize the
independence of the so-called DNR and LNR regions of Ukraine. Shortly
thereafter, Putin falsely accused Ukraine of committing genocide against
Russian nationals and sent so-called peacekeepers into the DNR and LNR
regions of Ukraine, constituting a wholesale rejection of the Minsk
Agreements by the GoR. The United States, in coordination with partners and
allies, imposed an embargo on the DNR and LNR regions of Ukraine as a result. |
Gennady Andreyevich
Zyuganov |
945. Name 6: ZYUGANOV 1: GENNADY2: ANDREEVICH3: n/a
4: n/a 5: n/a. Name (non-Latin script):
Зюганов
Геннадий
Андреевич DOB:
26/06/1944. POB: Mymrino, Russia Nationality: Russia Address: 1 OkhotnyRyad
str, Russia, 103265.Position: Member ofthe State Duma ofthe Russian
FederationOtherInformation: (UK Sanctions List Ref):RUS0388
(UK Statement ofReasons):Member ofthe State Duma ofRussia who voted in favour
ofFederalLawNo. 75577-8 “On theratification ofthe Treaty ofFriendship,
Cooperation and MutualAssistance between the Russian Federation and the
Luhansk People's Republic”and/or FederalLawNo. 75578-8 “On the ratification
ofthe Treaty ofFriendship, Cooperation and MutualAssistance between the
Russian Federation and the Donetsk People's Republic”. In so doing, the
memberendorsed President Putin’s decision to recognisethe Donetsk People’s
Republicand the Luhansk People’s Republicas independentstates, thereby
providing support for policiesand/oractions which destabilise Ukraineand/or
undermine or threaten theterritorialintegrity, sovereignty or independence
ofUkraine. (Gender):Male Listed on: 11/03/2022
UKSanctions List Date Designated: 11/03/2022 Last Updated: 11/03/2022 Group
ID: 14333. DUMA – see above |
Next...
OILYGARCHS (America)
THE OILYGARCHS
(U.S.A) Over the past month, letters
have been flying throughout Washington – to such extent not seen since the
heyday of the handwritten missive... sometime around, oh, 1881?
Reps. Sharice Davids and Emanuel Cleaver II were
among 32 members of Congress who signed a letter to U.S. House and Senate leadership requesting “immediate investigations” and
“public hearings on alleged price gouging within the oil and gas industry”
according to KSHB, Kansas City (See Attachment Twelve)
KSHB noted Russia supplies only 7% of U.S.
petroleum imports, which is tied for fourth with Saudi Arabia behind Canada (52%) and Mexico (11%), according to the U.S. Energy Information
Administration.
“The percentage of U.S. crude-oil imports from
Russia is less than 3% with Canada (61%), Mexico (11%) and Saudi Arabia (8%)
serving as the top suppliers for crude oil, which is refined to make gasoline.
“Currently, the U.S. is actually a net exporter
of petroleum and natural gas, according the federal Energy Information
Administration.”
And yet, post-sanction prices at the pump rose
twenty to thirty percent. If Don Jones’
money wasn’t going to replace the Russian “contribution”, who was profiting?
Two days earlier, Davids had penned another
letter to
President Biden, which encouraged him to release more oil from the U.S.
Strategic Petroleum Reserve and rescind the federal fuel sales tax, which is 18.3 cents per gallon for unleaded
and 24.3 cents per gallon for diesel.
“I ask that you continue to advocate for
investment and advancement in renewable and alternative fuels,” Davids wrote.
She couched sustainable energy as a hedge
against the whims of “dictators like Putin” and against the volatility and
inflationary pressures in the oil market.
Even a stalwart American Oilygarch like Sen. Joe
Manchin (D-WV) concurred with liberals like Chuck Schumer, Elizabeth Warren and
the Bern, so long as Congress didn’t start “beating people up.” (See Business Insider, Attachment Thirteen)
(That Nancy Pelosi can be hell to handle in a
barroom brawl – she bites. And
scratches!)
The B.I., in fact, solicited that trio of
lefties, with Majority Leader Schumer declaring on the Senate Floor that:
"The bewildering incongruity between
falling oil prices and rising gas prices smacks of price gouging." He
promised that the politicos would be calling on the CEOs of major oil companies
to come testify before the Congress."
Sen. Sanders of Vermont said the hearing would
probably take place under the Senate Budget Committee. He chairs the panel
and held hearings over the past year on outsized corporate
power, huge Wall Street profits, and income inequality.
"The price of oil has gone down recently,
the price of gas continues to go up," Sanders told Insider. "They
make outrageous profits and the American people want to know why."
"The oil industry made about $200 billion
in profits last year. If it's profitable for them to increase production,
they'll do it. If it's not they won't," Sen. Elizabeth Warren of
Massachusetts also told Insider. "Their motivator is profits, profits,
profits."
And Joe Nichols of the liberal Nation lobbied
President Joe for an oil windfall profits tax, trotting out The Bern once
again, to belly up to the base. It shouldn’t stop there, said Senator Sanders.
“We can no longer allow big oil companies, huge corporations, and the
billionaire class to use the murderous Russian invasion of Ukraine and the
ongoing pandemic as an excuse to price gouge consumers,” the Vermont
independent declared two days after the invasion began. “It is time to enact a
windfall profits tax and reasonable price controls.”
That’s not a radical idea, Nichols contends. “President Franklin Roosevelt’s administration used
such a tax to prevent profiteering during World War II. It was more aggressive than what
lawmakers are proposing today: top tax rates that could go as high as 90
percent on the excess profits of corporations and 95 percent for wealthy
individuals.” (See Attachment Fourteen)
(All we need is a war.
And that might be on the way... )
Perhaps the most
useful disclosure in this box o’ tools (the dies come next) came from a letter
by Rep. Bill Pascrell, Jr. (D-NJ) to eleven oil company executives, soliciting their
compliance with anti-gouging sentiments (in advance of legislation, likely to
come). The small tapintohawthorne.com
organ in Jersey reprinted Pascrell’s missive (See Attachment Fifteen) and noted
that “…in the first three quarters of 2021, the 24 top oil and gas companies
around the world made a combined $174 billion in net income. Since that time,
average retail gasoline prices have steadily risen from around $2 per gallon in
December 2020 to approximately $4.10 per gallon in March 2022.”
Pascrell’s letter
put the oilies on notice that “…as Chairman of the Ways and Means Subcommittee
on Oversight, I write to inquire whether [your company] is using federal tax
benefits and manipulating our tax laws to reward shareholders with large
dividends and stock buybacks, while pocketing record profits and simultaneously
jacking up gas prices for American drivers.”
Here be (from the
bottom of the ocean, among slimy creatures of the briny deep) Pascrell’s
Eleven...
COMPANY |
CORP. INCOME 2021, Qs. 1, 2, 3 |
LETTER
RECIPIENT |
CORPORATE TITLE |
|
PERSONAL COMPENSATION |
PERSONAL WEALTH |
Enbridge
Inc. |
$17,646,137,200 |
President and CEO |
|
$17,054,836 |
$10,000,000 * |
|
Royal
Dutch Shell |
$15,330,000,000 |
CEO |
|
$6,930,000 |
$1,500,000 * |
|
Exxon
Mobil Corp |
$14,372,000,000 |
Chairman and CEO |
|
$15,639,061* |
$24,000,000* |
|
The
British Petroleum |
$10,767,000,000 |
CEO |
|
$2,375,042* |
$1 - $5m* |
|
Chevron
Corporation |
$10,615,000,000 |
CEO |
|
$33,070,662 |
$33,000,000* |
|
Marathon
Petroleum Corp |
$9,254,000,000 |
Chairman, President and CEO |
|
$15,534,265 |
$12,250.000* |
|
Equinor |
$6,010,000,000 |
President and CEO |
|
$788,000* |
$5,000,000* |
|
ConocoPhillips
Company |
$5,470,000,000 |
Chairman and CEO |
|
$28,054,551 |
$54,900,000 |
|
Pioneer
Natural Resources Co. |
$1,355,000,000 |
CEO |
|
$13,396,571 |
$55,000,000 |
|
Devon
Energy Corp |
$1,313,000,000 |
President and CEO |
|
$11,334,000 |
$29,000,000 |
|
APA
Corp |
$1,005,000,000 |
CEO and President |
|
$14,321,225 |
$33,300,000 |
Fighting
back, the oilies blamed the present hate showering upon them on politics.
“Those requests to investigate,
specifically for the FTC, go back actually 100 years, and every time we have
high-gas prices, some politician runs forward and says there should be an
investigation about price gouging,” Frank Macchiarola with the American
Petroleum Institute (API) told Inside Sources. (See Attachment Fifteen) “They never
bear fruit because there’s no reality to it.”
“This is a world price and the president is
largely powerless to do much,” Harvard economist and Obama advisor Jason
Furman told The Wall Street Journal.
Maccharola confirmed
the assessment. “The reason prices are where prices are is because of the
imbalance in supply and demand, the pressures that have been put on by supply
chain issues, the additional pressures that have been put on by labor shortage
in the United States compounded by significant disruption as a result of acts
of war perpetrated by the world’s third-leading producer in oil,” Macchiarola
said. “That’s why we have high oil prices.” (Greed? Pooh! – DJI)
It is hardly a surprise U.S. energy producers believe the solution is to
get more domestic oil and gas into the global marketplace,” Inside Sources’
Chris Woodward discovered. During a press call last week, API suggested
specific actions it believes the Biden administration could take to get more
U.S. production on line.
“The Department of
Interior should issue a final notice of lease sale under the current five-year
offshore oil and gas leasing program,” Macchiarola
said during the call. “This will provide sufficient time to hold the lease sale
prior to the exploration of the current program on June 30, 2022, so the
interior should act now to complete a five-year program, as the current program
expires in July.
“The Department of
Interior should schedule and complete quarterly onshore leasing sales as
required under the Mineral Leasing Act with sufficient acreage and equitable
time. The administration should work with the Federal Energy Regulatory
Commission, the U.S. Army Corps of Engineers, and other relevant agencies to
ensure National Environmental Policy Act (NEPA) and other permitting processes
for oil and gas infrastructure are designed and implemented in a manner that
ensures consistency, transparency, and timeliness in their application.” (See Attachment Sixteen)
Boston Economist
Bruce Kaufmann acquitted the oiles, instead blaming “spoiled” Americans and
Wall Street commodity traders, not the producers, for the price hikes. (See radio program from JXT, Attachment
Seventeen)
“I mean we were spoiled, you know because of
the pandemic,” he said. “Prices were going up before the war for good reasons. The
pandemic was coming to an end. … people were going back to work.” Other industry analysts say they are not
defending big oil, but they do have a right to profits.
The
Nasdaq website (Attachment Eighteen) noted that state regulations may march in
where the Feds fail to step. Brad Tuttle
of Nasdaq’s money.com suggests that the aggrieved file a complaint online or over the phone with
the state’s attorney general office. “Even if the state doesn’t specifically
outlaw price gouging, the threat of scrutiny from state regulators may cause
gas stations to pause before overcharging customers.”
And The Hill says
“drill”... the biggest profits made during the war and
oil crisis have been shale producers. (Also the Saudis and... maybe... Iran?) SecPress Jen Psaki admitted that the U.S. is
conducting back channel negotiations with Iran, but “...the most important reason why we are
focused and have been focused on having these discussions with the Iranians…is
to prevent Iran from acquiring a nuclear weapon,” she said.
“Certainly the
discussion of oil is a part of that, but the most important reason is to
prevent them from acquiring a nuclear weapon,” she added. (Attachment
Nineteen)
… and
SOME ASSASSINS:
Aside from the
drilling, some killing might be in order if Sen. Lindsey Graham (R-SC) can
persuade his colleagues and the dainty folks among the spook community, in the
White House, and among media sorts who wring their hands over Putin’s War, but
remain loathe to sanction and support some of the many Russian mafia sorts and,
even, his own inner circle capable of doing the deed.
“Is there a
Brutus?” the Senator asked, not specifying whether Putin’s putative assassin
should be a lone wolf fanatic, a cabal of disgruntled military officials or an
American missile. (See Attachment
Twenty)
But the proposal
drew criticism from NPR (Attachment Twenty One) and
the BBC (Attachment Twenty Two). Even
the right-wing (but pro Trump, hence pro-Putin and the left
wing NPR voiced opposition (even while noting that such sane and sober
persons as Ted Cruz and Marjorie Taylor Green were agin’ it while, over the
pond, the BBC seemed to consider it a curiosity that angered Russians. Finally the Express,
considering another possibility, raised the prospect that Ukrainian President
Zelinskyy is now too popular for Russia to poison without inciting mass grass
roots revolts. (Attachment Twenty Three)
And the war goes
on.
Now
again...
Given the weird
volatility of several individual indices relating to the invasion, we are going
to keep posting both the old (and new, revised) DJI listings for at least
another week or until the crystal ball clears.
We have included our mathematics from the February 26th Index as Attachment
(B – old).
|
MARCH 12th – MARCH 18th, 2022 |
|
Saturday,
March 12, 2022 Infected: 79,517,492 Dead: 967,552 Dow: 33,614.80 |
Russian
soldiers start dressing up in hazmat suits – President Joe issues a warning that
promises... yes, again!... severe
reprisals for chemical war.
Shelling of civilian targets intensifies, two
hospitals and a morgue are blown up.
Hero President Zelenskyy says that the Russians will have to kill us
all. (Putin replies, “OK, Doomer.”) New CPI data says price increases highest
in 40 years. Fuel costs and fertilizer
costs (from Russia) spiking – February prices on fruits and vegetables up
2.3%. Instead of raising prices,
Charmin cuts its TP rolls from 264 to 244 sheets. Blue bears desolate. Red bears say “what you expect, is war!” America joins hands with Russians in
suppressing negative thinking – Florida and Tennessee ban “Maus” and saying
“Gay!” 122 “institutional gag bills” are
up for votes sponsored, say critics, by parents “going down the rabbit hole.” |
|
Sunday, March 13, 2022 Infected: 79,523,228 Dead: 967,720 |
Daylight Savings Time begins.
Russia bombs civilians near Lviv on the Polish border – Poles say that
their shelters are full up. Russia
promises to attack Western supply routes and bomb refugee camps in Poland
which would, of course, violate NATO “Article 5”
even though cowardly Biden warns: “Don’t kid yourself, that’d lead to World
War Three.” DoD spokesman John Kirby warns: “You have to be willing to shoot
and be shot at.”
Deep freeze in Midwest to East doesn’t stop Chicago’s St. Patrick’s
Day parade as the river is turned green – not many people show up to watch
the freezing paraders. And the
surviving Dancing
Grannies return to performing in Milwaukee’s parade four months after
massacre. |
|
Monday, March 14, 2022 Infected: 79,562,252 Dead: 965,915* Dow: 32,945.24 *anomaly at
Johns Hopkins |
The nerds call it Pi Day (after
the equation for the ratio of a circle's circumference to its diameter). Don Jones, perhaps, may acquire a pizza pie
at a discount (frequently $3.14).
Putin, however, is hungering over a nice, big bowl of chop suey...
military and economic aid from President Xi in China, who has been watching
the proceedings with interest. Helping
the Russians overtly would hasten a successful end to the war and further
erode the democracies of the West, but would also expose Xi to vilification
and possible sanctions. (Then again,
America is so deeply in debt to the Chinese and so dependent on their cheap
labor that... who knows?)
Stocks soar in anticipation of the Federal Reserve hiking interest
rates and a sudden drop in the price of oil to under $100/barrel, though
prices at the pump remain high. (What
goes up need not come down – see above.)
Some Americans are coping by taking public transportation, others by
siphoning gas from cars and underground tanks at the stations; the experts
hope (without saying so) that a revival of the plague in China will lessen
the demand for oil without affecting key supply chain links.
Crime still rising, too, but the authorities capture the murderous
anti-homeless vigilante and the Modern Art Museum stabber. Weary Americans turn to sports where the
NBA baller seeds are posted... Gonzaga Number One... and retired NFL G.O.A.T.
Brady unretires, giving the U.S. (and especially Tampa) something to feel
good about. |
|
Tuesday,
March 15, 2022 Infected:
79,586,694
Dead: 965,386 Dow: 33,544.34 |
It’s National Peanut Day, as well as the
Ides of March... Sen. Graham (R-Sc) isn’t the only one hoping there’s a
Brutus on the horizon (also, see above).
There is, however, a renegade Russian newscaster who holds up an
anti-war sign to disturb the flow of Putin propaganda and, between American
hate crimes and the revival of the Bad Ass plague, China may be re-ponderings
its options.
No such concerns bother Putin.
While useless diplomatic talks jibber-jabber on, his troops take out a
vehicle of Fox Newsies, killing two and wounding a third. Russia continues bombing schools, hospitals
and apartment towers; Vitali Klitschko, former boxing champ and Kyiv mayor
decrees: “Please, civilians, spend time in bunkers.” (The Cold War era anti-radiation bunkers are
Europe’s largest.
Poland, Slovakia and the Czech Republic send delegations to the
Ukraine despite the constant bombing; Olena (Mrs.) Zelensky tells the West in
general ane President Joe in articular that “kind words and a friendly pat on
the shoulder” aren’t enough. She too,
wants a no fly zone... and if that starts World War
Three, so be it, |
|
Wednesday,
March 9, 2022 Infected:
79,631,708 Dead: 968,329 Dow: 33,286.25 |
Apocalypse
statisticians note that Russia is now conscripting Ukrainian civilians to be
used as human shields for their tanks and missile bases. They shell a theater being used as a
children’s shelter despite Uke painting “Children!” to all sides of it. Russian media censors follow the “don’t say
gay” Floridians in banning the utterance of the word “war”. A HULU documentary calls Putin “one of the
most vilified men in the world”. One of the most? Elon Musk challenges
him to single combat. President
Zelensky takes off his shirt, showing Putinesque (tho’ hairy) abs. President Joe finally says yes, Vlad is a
“war criminal.” W.H.O. says Bad Ass 2 strain is 30% more
transmissible than Big O... now comprises 23% of U.S. infections. TV Dr. Besser says mask mandates (and
resultant violence) may have to return.
Fed Reserve raises interest rates as oil prices start falling due to
less demand in plague-wracked China. |
|
Thursday,
March 10, 2022 Infected: 79,683,737 Dead: 970,009 Dow: 34, |
It’s St. Paddy’s Day, but not for Irish PM
Micheal Martin, who gets it (as does former US President Obama). Notre Dame, however, celebrates with a
buzzer beater NCAA win while, across the pond, BoJo’s talk with Saudis on
increasing oil output fail.
Russian atrocities continue with bombings, shellings and strafing ten
civilians standing in line for bread. Starving Russians... in Russia...
fighting over bread while rich Russians stranded in overseas tourist traps
are being helped by stranded Ukrainians.
SecState Blinken says Russian diplomatic demands are becoming “more
reasonable”!
Feds admit first interest rate hikes will not stop inflation... maybe
the second... or sixth. Oil prices,
falling all week, start rising again.
Amazon buys MGM for $8B, taking possession of James Bond and “Rocky”
and plotting new ventures. The
Sequels! The prequels! The cartoons! |
|
Friday,
March 18, 2022 Infected: 79,717,247 Dead: 970,806 Dow: 34,754.93 |
Expert psychologists say Mad Vlad is...
well... mad. (In both senses as tank columns
remain stalled and Russians resort to shelling cities... including Lviv on
Polish border... with missiles fired 800 mi. away in Black Sea.) Spies say Putin is berserk, “isolated and
prone to anger,” drafting younger and younger teenagers, many of whom are
trying to flee to America via Mexico.
Economist Zanny Minton Beddoes says Russian economy is only 11th
in the world, but they lead in production of wheat (and weapons). She calls Putin a bandit and compares him to
the cornered rats he used to hunt as a boy, but warns “Dictators tend to stay
around.” Putin appears at a giant,
Trumpish pro-war rally, nobody tries to shoot him,
Walensky joins chorus in favor of bringing back mask mandates as
Moderna trumps Pfizer by advocating fourth shot to all adults. EdSec Cardona
and McKinsey think tank say plague-ordained school closures are producing a
generation of mentally ill and stupid American children.
Blue Origin postpones SNL’s Pete Davidson’s rocket ride until...
whenever. |
|
A
rising stock market gratified the wealthy, higher costs of staples
enmiserated the rest and American imports far exceeded exports. There were a number of strange reports,
comparable to NCAA tournament upsets… government expenditures, for example,
down. That won’t last. |
|
THE DON JONES INDEX CHART of CATEGORIES w/VALUE ADDED to EQUAL
BASELINE of 15,000 (REFLECTING… approximately… DOW JONES INDEX of
June 27, 2013) See a further explanation of categories here… ECONOMIC INDICES (60%) |
DON JONES’ PERSONAL
ECONOMIC INDEX |
(45% of TOTAL INDEX
POINTS) |
CATEGORY |
VALUE |
BASE |
RESULTS |
SCORE |
SCORE |
SCORE |
|
|||||||||
INCOME |
24% |
6/17/13 |
LAST |
CHANGE |
NEXT |
3/5/22 |
3/12/22 |
SOURCE |
|
|||||||
Wages
(hourly, per capita) |
9% |
1350
points |
3/5/22 |
+0.075% |
4/22 |
1,534.00 |
1,534.00 |
|
||||||||
Median
Income (yearly) |
4% |
600 |
3/5/22 |
+0.028% |
3/19/22 |
676.67 |
676.86 |
http://www.usdebtclock.org/ 35,751
761 |
|
|||||||
*Unempl.
(BLS – in millions |
4% |
600 |
3/5/22 |
+5.26% |
4/22 |
556.06 |
556.06 |
|
||||||||
*Official
(DC – in millions) |
2% |
300 |
3/5/22 |
-0.06% |
3/19/22 |
625.10 |
625.50 |
http://www.usdebtclock.org/ 6,200
196 |
|
|||||||
*Unofficl.
(DC – in millions) |
2% |
300 |
3/5/22 |
+0.06% |
3/19/22 |
460.18 |
459.90 |
http://www.usdebtclock.org/ 12,577
585 |
|
|||||||
Workforce
Participtn. Number Percent |
2% |
300 |
3/5/22 |
+0.016% +0.011% |
3/19/22 |
327.76 |
327.80 |
In 158,196 221
Out 99,237 232 Total: 258,458 http://www.usdebtclock.org/ 61.217 |
|
|||||||
WP % (ycharts)* |
1% |
150 |
3/5/22 |
+0.16% |
4//22 |
153.97 |
153.97 |
https://ycharts.com/indicators/labor_force_participation_rate 62.30 |
|
|||||||
OUTGO |
(15%) |
|
||||||||||||||
Total Inflation |
7% |
1050 |
3/5/22 |
+0.8% |
3/19/22 |
937.95 |
937.95 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.8 |
|
|||||||
Food |
2% |
300 |
3/5/22 |
+1.0% |
3/19/22 |
261.84 |
261.84 |
http://www.bls.gov/news.release/cpi.nr0.htm +1.0 |
|
|||||||
Gasoline |
2% |
300 |
3/5/22 |
+6.6% |
3/19/22 |
212.41 |
212.41 |
http://www.bls.gov/news.release/cpi.nr0.htm
-6.6 |
|
|||||||
Medical Costs |
2% |
300 |
3/5/22 |
+0.1% |
3/19/22 |
280.79 |
280.79 |
http://www.bls.gov/news.release/cpi.nr0.htm
+0. |
|
|||||||
Shelter |
2% |
300 |
3/5/22 |
+0.5% |
3/19/22 |
281.06 |
281.06 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.5 |
|
|||||||
WEALTH |
(6%) |
|
|
|||||||||||||
Dow Jones Index |
2% |
300 |
3/5/22 |
+5.50% |
3/19/22 |
351.75 |
371.08 |
|
||||||||
Home (Sales) (Valuation) |
1% 1% |
150 150 |
3/5/22 |
-7.38% +2.00% |
3/19/22 |
206.44 176.29 |
191.20 179.81 |
https://www.nar.realtor/research-and-statistics Sales
(M): 6.50
6.02 Valuations (K): 350.3 357.3 |
|
|||||||
Debt (Personal) |
2% |
300 |
3/5/22 |
+6.68% |
3/19/22 |
262.46 |
247.55 |
http://www.usdebtclock.org/ 64,344
8,220 |
|
|||||||
|
|
|
||||||||||||||
AMERICAN
ECONOMIC INDEX (15% of TOTAL INDEX POINTS) |
|
|||||||||||||||
NATIONAL |
(10%) |
|
|
|||||||||||||
Revenue (trilns.) |
2% |
300 |
3/5/22 |
+1.16% |
3/19/22 |
347.24 |
351.26 |
debtclock.org/ 4,108 |
|
|||||||
Expenditures (tr.) |
2% |
300 |
3/5/22 |
+2.70% |
3/19/22 |
216.48 |
222.33 |
debtclock.org/ 6,921
739 |
|
|||||||
National Debt tr.) |
3% |
450 |
3/5/22 |
+0.09% |
3/19/22 |
301.98 |
301.70 |
http://www.usdebtclock.org/ 30,298
326 |
|
|||||||
Aggregate Debt (tr.) |
3% |
450 |
3/5/22 |
+2.765% |
3/19/22 |
364.27 |
354.15 |
http://www.usdebtclock.org/ 86,694
9159 |
|
|||||||
|
||||||||||||||||
GLOBAL |
(5%) |
|
|
|
|
|
|
|
|
|||||||
Foreign Debt (tr.) |
2% |
300 |
3/5/22 |
+0.165% |
3/19/22 |
266.43 |
265.99 |
http://www.usdebtclock.org/ 7,869
882 |
|
|||||||
Exports (in billions) |
1% |
150 |
12/3/21 |
-1.62% |
4/12/22 |
202.55 |
199.26 |
https://www.census.gov/foreign-trade/index.html 228.1 224.4 |
|
|||||||
Imports (bl.) |
1% |
150 |
12/3/21 |
+1.69% |
4/12/22 |
107.38 |
105.57 |
https://www.census.gov/foreign-trade/index.html 308.8 314.1 |
|
|||||||
Trade Deficit (bl.) |
1% |
150 |
12/3/21 |
+11.81% |
4/12/22 |
84.22 |
75.11 |
https://www.census.gov/foreign-trade/index.html 80.7 89.7 |
|
|||||||
SOCIAL INDICES
(40%) |
|
|||||||||||||||
ACTS of MAN |
(12%) |
|
||||||||||||||
World Affairs |
3% |
450 |
3/5/22 |
-0.5% |
3/19/22 |
333.39 |
331.72 |
Refugees overrun Europe
– Poland is full up, Hungary gives them 30 days to move on. 2.5M last Saturday, 3M now, experts predict
8 – 10M eventually. China mulling pros
and cons of economic and military aid to Russia. |
|
|||||||
Terrorism |
2% |
300 |
3/5/22 |
-0.4% |
3/19/22 |
204.95 |
204.13 |
Russian atrocities persist – hospitals,
children’s shelters, even a village morgue are shelled. President Joe finally concedes Putin is a
war criminal. Iran and NoKo, jealous of
Russia’s limelight, bomb American base in Iraq and fish in the Sea of Japan. |
|
|||||||
Politics |
3% |
450 |
3/5/22 |
+0.1% |
3/19/22 |
372.85 |
373.22 |
A foiled and frustrated Mad Vlad
responds to Ukraine setbacks by firing incompetent Generals and arresting failed
spies. Worse, a state media star holds
up anti-war placard on the air and
Kay and Zale’s stop peddling Russian diamonds. |
|
|||||||
Economics |
3% |
450 |
3/5/22 |
-0.3% |
3/19/22 |
393.28 |
392.10 |
Consumer price increases are the highest
in 40 years; oil goes up to 130/bl. then down below 100, then up again and
the stock
market is just plain up. Fed
Reserve hopes to Whip Inflation Now by hiking interest rates 0.25% and will
do it again as many as six times in 2022.
Corporations resort to “shrinkflation” as in Charmin cutting sheets in
TP rolls from 264 to 244; more hikes for Uber riders, vegetarians (after sanctions
on Russian fertilizer pinch farmers), |
|
|||||||
Crime |
1% |
150 |
3/5/22 |
-0.5% |
3/19/22 |
228.45 |
227.31 |
Crazyness
abounds. Anti-homeless vigilante kills
six, museum evictee stabs two – both caught.
Two more killed in Ft. Lauderdale spring break shootings. Gas station robberies, siphoning and
carjackings result from high fuel prices.
|
|
|||||||
|
||||||||||||||||
ACTS of GOD |
(6%) |
|
|
|||||||||||||
Environment/Weather |
3% |
450 |
3/5/22 |
-0.2% |
3/19/22 |
363.08 |
362.35 |
The week begins with
a deep freeze in the Northeast, tornadoes in the Southeast, drought in the
West and ice and wildfires in
Texas. Ends... more or less the
same. Green energy advocates fear oil
shortage will bring more drill baby drill. |
|
|||||||
Natural/Unnatural Disaster |
3% |
450 |
3/5/22 |
-0.3% |
3/19/22 |
218.40 |
217.74 |
Russia
restores power to Cernobyl, lessening chances of nuke explosion. Lethal car, plane and train
crashes in Texas (by 13 year old driver), in Missouri
blizzard, in Norway and in the California forests. Insane camel kills two at petting zoo. Cargo ship Ever Forward (same company as
Suez disaster boat Ever Green) gets Ever Stuck in Chesapeake Bay |
|
|||||||
LIFESTYLE and JUSTICE
INDEX |
(15%) |
|
|
|||||||||||||
Science,
Tech, Education |
4% |
600 |
3/5/22 |
nc |
3/19/22 |
406.48 |
406.48 |
New MLB contract includes Designated
Hitter for the National League. Senate
unanimously passes legislation to enact year-round Daylight Savings
Time. NASA prepares to launch giant
Artemis moon rocket. Russia already
launching other rockets. |
|
|||||||
Equality
(econ/social) |
4% |
600 |
3/5/22 |
-0.6% |
3/19/22 |
416.67 |
414.17 |
Statisticians compute average yearly income
for American males to be $53K per year, for women $43K. Haters attack Chinese, Japanese (the
“Suicide Squad” actress) and even Ukrainians (mistaking them for Russians)
while Federal funding cuts close numerous domestic violence shelters. “This rocks!” say
Brian Laundrie and Jeffy Epstein from their cells in Hell. |
|
|||||||
Health Plague |
4% |
600 |
3/5/22 |
-0.1%
-0.3% |
3/19/22 |
393.27 - 102.17 |
392.88 - 102.48 |
No rest for busy TV doctors... Dr. Besser warns that Bad Ass
outbreak might mean the return of mandatory mask and vaxxing laws (and the
concomitant riots), Dr. Agus says the plague caused reductions in cancer
screening and Dr. Ashish Jha is promoted to President Joe’s own Coronavirus
Czar. Shrinks declare that children’s
mental health started declining before the plague, all the way back to 2016
when... you know... Weak but more communicable Bad Ass 2 variant ravages China,
shuts down Hong Kong and now comprises a quarter of U.S. cases. The CDC predicts it will get worse over the
summer, but masks are still coming off and public events brought back. Pfizer recommends fourth vaxxing for
seniors and immune-compromised. “Even
though we wish the pandemic was over,” says new Czar Jha, “it’s not.” “Second Gentleman” Emhoff gets it. So does Barack
Obama. |
|
|||||||
Freedom
and Justice |
3% |
450 |
3/5/22 |
-0.1% |
3/19/22 |
408.11 |
407.70 |
Cold, old cases keep
zombie-lurching along the road to Hell; Jussie Smollett guilty but then out
on bail during appeals, Petino parents sue Laundrie parents. Parkland parents settle with FBI for $128M. Alec Baldwin claims innocence, Balwani (Liz
Holmes’ boss at Theranos) goes on trial for fraud. |
|
|||||||
MISCELLANEOUS
and TRANSIENT INDEX |
(7%)
|
|
|
|
|
|
|
|||||||||
Cultural
incidents |
3% |
450 |
3/5/22 |
+0.2% |
3/19/22 |
545.47 |
546.56 |
March Madness begins: Notre Dame
wins St. Paddy’s Day shootout, but upsets bust brackets. Dramatic Bachelor” finale highlights
gruesome threesome. Netflix acquires
Zelenskyy show “Servant of the People” (critics call him the Ukrainian Steve
Carrell). Pamela Anderson to play
Roxie Hart in “Chicago” remake. Dolly
Parton says she’s not rockin’ enough for the Rock and Roll Hall of Fame but
they nominate her anyway. Rockin’ (but
dead) Prince album released after 30 years on the shelf. RIP: singer Toni Braxton, “Body Heat” actor
William Hurt, WWE rassler Scott (“Razor Ramon”) Hall and, in Ukraine, Brent
Renaud (Time) and Pierre Zakrzewski, and Oleksandra Kuvshynova (Fox) |
|
|||||||
Miscellaneous
incidents |
4% |
450 |
3/5/22 |
+0.4% |
3/19/22 |
489.80 |
491.76 |
Amidst war,
Euromanitarians donate baby strollers to refugee moms, Dancing Grannies
return to performing. Rich woman in
Austin outrages virtuecrats by paying $25,000 to clone her dying cat rather
than adopting a proletarian pussy from a rescue shelter. |
|
|||||||
|
|
|
|
|
|
|
|
|
|
|||||||
The
Don Jones Index for the week of March 12th through March 18th, 2022 was DOWN 38.28
points.
The
Don Jones Index is sponsored by the Coalition for a New Consensus: retired
Congressman and Independent Presidential candidate Jack “Catfish” Parnell,
Chairman; Brian Doohan, Administrator.
The CNC denies, emphatically, allegations that the organization, as well
as any of its officers (including former Congressman Parnell,
environmentalist/America-Firster Austin Tillerman and cosmetics CEO Rayna
Finch) and references to Parnell’s works, “Entropy and Renaissance” and “The
Coming Kill-Off” are fictitious or, at best, mere pawns in the web-serial
“Black Helicopters” – and promise swift, effective legal action against parties
promulgating this and/or other such slanders.
Comments, complaints, donations (especially SUPERPAC
donations) always welcome at feedme@generisis.com or: speak@donjonesindex.com.
ATTACHMENT ONE – from NATO
The
North Atlantic Treaty
Washington D.C. - 4
April 1949
The Parties to this Treaty reaffirm their faith in the
purposes and principles of the Charter of the United Nations and their desire
to live in peace with all peoples and all governments.
They are determined to safeguard the freedom, common heritage and civilisation
of their peoples, founded on the principles of democracy, individual liberty
and the rule of law. They seek to promote stability and well-being in the North
Atlantic area.
They are resolved to unite their efforts for collective defence and for the
preservation of peace and security. They therefore agree to this North Atlantic
Treaty :
Article 1
The Parties undertake, as set forth in the Charter of the
United Nations, to settle any international dispute in which they may be
involved by peaceful means in such a manner that international peace and
security and justice are not endangered, and to refrain in their international
relations from the threat or use of force in any manner inconsistent with the
purposes of the United Nations.
Article 2
The Parties will contribute toward the further development
of peaceful and friendly international relations by strengthening their free
institutions, by bringing about a better understanding of the principles upon
which these institutions are founded, and by promoting conditions of stability
and well-being. They will seek to eliminate conflict in their international
economic policies and will encourage economic collaboration between any or all
of them.
Article 3
In order more effectively to achieve the objectives of this
Treaty, the Parties, separately and jointly, by means of continuous and
effective self-help and mutual aid, will maintain and develop their individual
and collective capacity to resist armed attack.
Article 4
The Parties will consult together whenever, in the opinion
of any of them, the territorial integrity, political independence or security
of any of the Parties is threatened.
Article 5
The Parties agree that an armed attack against one or more
of them in Europe or North America shall be considered an attack against them
all and consequently they agree that, if such an armed attack occurs, each of
them, in exercise of the right of individual or collective self-defence
recognised by Article 51 of the Charter of the United Nations, will assist the
Party or Parties so attacked by taking forthwith, individually and in concert
with the other Parties, such action as it deems necessary, including the use of
armed force, to restore and maintain the security of the North Atlantic area.
Any such armed attack and all measures taken as a result
thereof shall immediately be reported to the Security Council. Such measures
shall be terminated when the Security Council has taken the measures necessary
to restore and maintain international peace and security .
Article 6 1
For the purpose of Article 5, an armed attack on one or more
of the Parties is deemed to include an armed attack:
Article 7
This Treaty does not affect, and shall not be interpreted as
affecting in any way the rights and obligations under the Charter of the
Parties which are members of the United Nations, or the primary responsibility
of the Security Council for the maintenance of international peace and
security.
Article 8
Each Party declares that none of the international engagements
now in force between it and any other of the Parties or any third State is in
conflict with the provisions of this Treaty, and undertakes not to enter into
any international engagement in conflict with this Treaty.
Article 9
The Parties hereby establish a Council, on which each of
them shall be represented, to consider matters concerning the implementation of
this Treaty. The Council shall be so organised as to be able to meet promptly
at any time. The Council shall set up such subsidiary bodies as may be
necessary; in particular it shall establish immediately a defence committee
which shall recommend measures for the implementation of Articles 3 and 5.
Article 10
The Parties may, by unanimous agreement, invite any other
European State in a position to further the principles of this Treaty and to
contribute to the security of the North Atlantic area to accede to this Treaty.
Any State so invited may become a Party to the Treaty by depositing its
instrument of accession with the Government of the United States of America.
The Government of the United States of America will inform each of the Parties
of the deposit of each such instrument of accession.
Article 11
This Treaty shall be ratified and its provisions carried out
by the Parties in accordance with their respective constitutional processes.
The instruments of ratification shall be deposited as soon as possible with the
Government of the United States of America, which will notify all the other
signatories of each deposit. The Treaty shall enter into force between the
States which have ratified it as soon as the ratifications of the majority of
the signatories, including the ratifications of Belgium, Canada, France,
Luxembourg, the Netherlands, the United Kingdom and the United States, have
been deposited and shall come into effect with respect to other States on the
date of the deposit of their ratifications. (3)
After the Treaty has been in force for ten years, or at any
time thereafter, the Parties shall, if any of them so requests, consult
together for the purpose of reviewing the Treaty, having regard for the factors
then affecting peace and security in the North Atlantic area, including the
development of universal as well as regional arrangements under the Charter of
the United Nations for the maintenance of international peace and security.
After the Treaty has been in force for twenty years, any
Party may cease to be a Party one year after its notice of denunciation has
been given to the Government of the United States of America, which will inform
the Governments of the other Parties of the deposit of each notice of
denunciation.
Article 14
This Treaty, of which the English and French texts are
equally authentic, shall be deposited in the archives of the Government of the
United States of America. Duly certified copies will be transmitted by that
Government to the Governments of other signatories.
1.
The definition of the territories to which Article 5 applies
was revised by Article 2 of the Protocol to the North Atlantic Treaty on the
accession of Greece and Turkey signed on 22 October 1951.
2.
On January 16, 1963, the North Atlantic Council noted that
insofar as the former Algerian Departments of France were concerned, the
relevant clauses of this Treaty had become inapplicable as from July 3, 1962.
3.
The Treaty came into force on 24 August 1949, after the
deposition of the ratifications of all signatory states.
ATTACHMENT TWO- from Gov. UK
ATTACHMENT
from https://www.gov.uk/government/publications/financial-sanctions-ukraine-sovereignty-and-territorial-integrity
Financial sanctions, Russia
The Russia (Sanctions)
(EU Exit) Regulations 2019 ensure sanctions relating to Russia are implemented
effectively after the UK leaves the EU.
From:
HM Treasury and Office of Financial Sanctions Implementation
Published
18 March 2014
Last updated
18 March 2022 — See all updates
Current list of designated persons: Russia
List of persons named in relation to financial
and investment restrictions
Latest HM Treasury Notice, Russia, 18/03/2022
HM Treasury Notice, Russia, 15/03/2022
HM Treasury Notice, Russia, 15/03/2022
PDF, 891
KB, 118 pages
This file may not be suitable
for users of assistive technology.
HM Treasury Notice, Russia, 11/03/2022.
PDF, 989
KB, 132 pages
This file may not be
suitable for users of assistive technology.
Request an accessible
format.
Details
The Russia
(Sanctions) (EU Exit) Regulations 2019 ensure sanctions relating to Russia are
implemented effectively after the UK leaves the EU.
Context
This sanctions regime
is aimed at encouraging Russia to cease actions which destabilise Ukraine,
including actions undermining or threatening the territorial integrity,
sovereignty and independence of Ukraine.
It imposes asset
freezes on those identified as being involved in destabilising Ukraine or
undermining or threatening the territorial integrity, sovereignty and
independence of Ukraine. This includes persons responsible for engaging in,
providing support for, or promoting any policy or action that destabilises
Ukraine or undermines or threatens the territorial integrity, sovereignty and
independence of Ukraine.
There are also
sectoral financial sanctions which prohibit and restrict specified activities.
These include restrictions on dealing with transferable securities or
money-market instruments and granting or entering into arrangements to grant
loans or credit. For more information, please see our guidance on Russia sanctions
General
Licences
Under the Sanctions
and Anti-Money Laundering Act (2018), HMT may grant general licences under any autonomous
UK sanctions regime. More information is available in OFSI’s UK financial
sanctions general guidance.
OFSI has issued
general licences under the Russia (Sanctions) (EU Exit) Regulations 2019. A
list of general licences published by OFSI can be found on the general licences page.
UK
regulations
·
The Russia (Sanctions) (EU Exit) (Amendment) (No. 6) Regulations 2022
·
The Russia (Sanctions) (EU Exit) (Amendment) (No.5) Regulations 2022
·
The Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2022
·
The Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2022
·
The Russia Sanctions (Sanctions) (EU Exit) (Amendment) (No 2)
Regulations 2022
·
The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2022
·
The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 4) Regulations
2020
·
The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations
2020
·
The Russia (Sanctions) (EU Exit) Regulations 2019
·
The Ukraine (European Union Financial Sanctions) (No.3) Regulations 2014 (prior to 31 December 2020)
·
The Ukraine (European Union Financial Sanctions) (No.2) Regulations 2014 (prior to 31 December 2020)
EU
regulations (applicable prior to 23.00 on 31st December 2020)
·
Council Regulation
(EU) No 269/2014
·
Council Regulation
(EU) No 833/2014
Find out more about UK sanctions on Russia
Published
18 March 2014
Last updated 18 March 2022
ATTACHMENTS
THREE (a) and (b) – from various
A) from
nl.nytimes.com
‘ECONOMIC
WAR’ |
It’s
hard to think of a precedent: The British government yesterday ordered Chelsea
— one of the world’s most glamorous soccer clubs and Europe’s defending
champion — to stop conducting almost all its business operations. |
Chelsea
can no longer sell tickets or sign players. A team-owned hotel near Chelsea’s
West London stadium stopped taking reservations, while the official souvenir
store abruptly closed. “Shoppers, who had been filling baskets with club
merchandise, were told to put everything back and leave,” our colleague Tariq Panja wrote. |
These
moves were the latest part of an international campaign to damage Russia’s
economy and isolate Russian elites. Chelsea’s owner, Roman Abramovich, is
close to Vladimir Putin and is one of seven oligarchs whose assets Britain
froze yesterday. |
Combined,
the sanctions — by Britain, the U.S., the E.U. and others — have been more
aggressive than many analysts expected. “We’re in totally new territory,”
Nicholas Mulder, a historian of sanctions, told The Atlantic. “The speed, the sweep
and the size of the sanctions, or the size of the targets of the sanctions —
those three factors make them extraordinary.” |
The
sanctions are unlikely to alter Putin’s military strategy, at least in the
short term: Russia seems committed to taking over Ukraine, almost regardless
of the human cost. The Russian military has stepped up aerial bombardments
across Ukraine, and has continued to attack civilians in an attempt to
demoralize the population. |
But
the sanctions do have the potential to create longer-term problems for
Putin’s regime. A Kremlin spokesman has described them as “economic war.”
Among their effects: |
|
Signs of discontent |
The history of sanctions suggests that
the world probably needs to impose measures that hurt ordinary Russians if it
wants to put political pressure on Putin. “Smart” sanctions, targeted at
elites, are an important part of the strategy but by themselves would likely
be too narrow to matter to change
Putin’s domestic standing. |
Even
the current set of sanctions may fail to help Ukraine or may even lead Putin
to lash out in new ways. (Yesterday, he suggested that he might nationalize the assets of
Western companies that pull out of Russia.) Historically, sanctions have been
at least partly successful about one-third of the time they have been tried,
Mulder told The Atlantic’s Annie Lowrey. |
But
because Ukraine’s allies seem unwilling to send troops,
sanctions seem their best hope for confronting Putin. And the sanctions do
seem to be having some effect already. Oleg Deripaska, a prominent
billionaire (and among those whom Britain sanctioned yesterday), recently
said, after violent protests at his home (See Attachment 3B, Below) that he
expected the country to experience an economic crisis lasting at least three
years. Already, there are signs that the turmoil may be aggravating Russian public discontent that
already existed about the war. |
“Russian
public opinion is becoming such a problem that Putin is effectively fighting
two wars: one in Ukraine, and one at home,” Sam Greene, a Russia scholar at
King’s College London, wrote this week. Erica Frantz, an expert on dictators
at Michigan State University, told our colleague Max Fisher,
“The indicators of elite discontent that we have seen thus far are unusual in
Putin’s Russia and should therefore be taken seriously.” |
Still in Russia |
It’s
worth mentioning that there are at least two major categories of sanctions
that the world has not imposed on Russia. |
One,
Europe continues to buy large amounts of oil and natural gas from Russia, and
energy is easily Russia’s biggest source of revenue. Europe is so reliant on
Russian energy that a full embargo could cause large price increases, notes
Mark Landler, The Times’s London bureau chief. |
Two, some large companies are continuing to operate in Russia, as the Popular Information newsletter has reported. Hyatt and Marriott |