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CountingTheDays

Putin Urges Billionaires To Bring Money Back To Russia

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I posted this as an article on the news feed but it didn't appear:

http://www.nytimes.com/aponline/2015/03/19/world/europe/ap-eu-russia-capital-return.html

Has it been posted already, I wonder? I can't find any trace of it but if I try to repost it, I'm told it's been posted already.

Anyway, Putin is appealing to rich Russians to repatriate their overseas assets for fear of them being frozen due to economic sanctions. I wonder what will happen to the foreign-fuelled London housing boom (already showing some weakness) if he succeeds?

Anyone know what proportion of prime London is owned by the Russians?

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I posted this as an article on the news feed but it didn't appear:

http://www.nytimes.com/aponline/2015/03/19/world/europe/ap-eu-russia-capital-return.html

Has it been posted already, I wonder? I can't find any trace of it but if I try to repost it, I'm told it's been posted already.

Anyway, Putin is appealing to rich Russians to repatriate their overseas assets for fear of them being frozen due to economic sanctions. I wonder what will happen to the foreign-fuelled London housing boom (already showing some weakness) if he succeeds?

Anyone know what proportion of prime London is owned by the Russians?

Must be a difficult choice:

- funds frozen for a few years by EU

- funds taken by Putin and his cronies; plus a few years/decades in jail or just murdered ...

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Must be a difficult choice:

- funds frozen for a few years by EU

- funds taken by Putin and his cronies; plus a few years/decades in jail or just murdered ...

Yeah this is still fresh in the minds of quite a few rich people in Moscow:

http://www.rferl.org/content/evtushenko-arrested-russia-sistema-money-laundering-charge/26588656.html

His company's share price in rubles is here, check out what happened in September 2014:

http://www.sistema.com/investors/securities/share-price-chart/

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Yeah, can't have all that dirty money leaving London, it might be detrimental to the housing market and gold Lamborghini trade.

If Putin fancies riling the UK govt, this would be a sure way to succeed...

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