Thursday, March 17, 2022

Two Russian oligarchs own shares in a Turkish app. The app should be discontinued in The West.

Or the two olgiarchs give their stock shares to the country of Ukriane. It is difficult at this point for NATO or the USA to move against these men bacause Turkey is an ally. It gets tricky when allies rely on businesss with stockholders that are Russian oligarchs. In general the allies don't want to hurt economies that are already abnormal from a global pandemic, but, the immorality of money flowing from Americans to Russia is a problem. These holdings are assets that should belong to Ukraine and it's people.

The two Russian oligarch stockholders are Vladimir Potanin (click here) and Arkady Volozh (click here). It is interesting in both these cases the Russian Oligarchs are doing really well and then all of a sudden in days and weeks they lose billions of dollars US.

THERE IS A PATTERN WITH RUSSIAN OLIGARCHS AND THEIR WEALTH WITH TIES TO PUTIN. THE RUSSIAN RUBLE IS WORTHLESS, YET MONEY LAUNDERING TO BENEFIT PUTIN AND RUSSIA SEEMS TO BE THE OLIGARCHES FAVORATE ACTIVITY.

If The West wants to protect it's economies, get real!

Putin cashes in his chips when he believes the pinnacle of wealth is reached. The West is left holding the bag and asking what happened here?

Financial holdings of any stocks by Russian oligarchs tied to Putin should be seized and repatriated to benefit the Ukraine people.

I would like to say The West needs to divest of stocks held by these Russian Oligarchs, however, it isn't easy to single out the PORTION of the stockholdings by the Russian oligarchs and divest of that portion. It is far better to repatriat them and not injure Western companies and benefit the Ukrainian people.

The US Secretary of the Treasury and The Federal Reserve can put a policy together that would work to be constitutional in defense of The West as well as national security.

It is just and moral to do so. Russian oligarchs assisted Putin and their intentions were never benevolent to The West.

Swiss Bankers Association says up to £162billion of Russian money is being held. Switzerland is a neutral country, (click here) but it has been part of security cooperation pacts with NATO and the European Union for many years.

The sanctions were drawn up to stop the war. Putin is determined to continue to kill Ukrainians for his own reasons while he fires generals that delivered the deaths of so many. The Russian Duma needs to remove Vladimir Putin from office as soon as possible.

17 March 2022
By Miriam Partington and Amy Lewin

If you thought the speedy delivery hype was over (click here), think again. Turkish grocery delivery startup Getir has just raised $768m at a valuation of $11.8bn.

The round was led by Mubadala, and includes previous investors Sequoia and Tiger Global, as well as the Abu Dhabi Growth Fund and Alpha Wave Global.

Getir, which last June raised $550m in Series D funding at a valuation of $7.5bn, plans to use the capital to cement its position as the leader in this industry....