repatriating
- Economy
Russian businesses repatriating billions from EU – Bloomberg
Russian businessmen squeezed by sweeping Western sanctions have withdrawn tens of billions of dollars in assets from the EU since the start of the Ukraine conflict, Bloomberg reported on Thursday. Wealthy Russians have started repatriating their assets from jurisdictions such as Cyprus, Jersey, and Switzerland to Russia and so-called “friendly” countries since last February, as Western states stopped being a…
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Antiques Roadshow is blasted after TV expert asks two guests if they would consider repatriating artefacts given to their ancestor by Ethiopian emperor Haile Selassie as gifts
Antiques Roadshow has been blasted after an expert asked descendants of an ex-governor of British Somaliland whether they would repatriate a gift he had been given by a former Ethiopian emperor. Sir Harold Kittermaster, governor of the protectorate between 1926 and 1931, was given a golden robe and personal letter by Haile Selassie. But viewers of the latest episode of the…
Read More » - Economy
Anti-Russian sanctions spooking countries into repatriating gold reserves – Reuters
An increasing number of countries are bringing home their bullion reserves in the wake of unprecedented sanctions imposed by the West on Russia, Reuters reported on Monday, citing an Invesco survey of central bank and sovereign wealth funds. According to the report, widespread losses for sovereign money managers resulting from last year’s financial market rout made them “fundamentally” rethink their…
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