News Feed

UK sanctions four Russian steel, petrochemical oligarchs funding war in Ukraine

0 min read

The U.K. has imposed sanctions against four Russian tycoons "who have enabled (Russian President Vladimir) Putin to mobilize Russian industries to support his military effort," the British government reported on Nov. 2.

The measures targeted Alexander Abramov and Alexander Frolov, known as business associates of Roman Abramovich, who are thought to have an estimated net worth of $4.7 billion and $1.95 billion respectively, the statement reads.

The U.K. has also sanctioned Airat Shaimiev, with an estimated net worth of $1 billion, and Albert Shigabutdinov, who is believed to have $1.1 billion net worth.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed
 (Updated:  )

The two leaders began their meeting at the U.S. military Joint Base Elmendorf-Richardson in Anchorage at around 11:30 a.m. local time. The event will mark their first face-to-face talks of Trump's second term and their first meeting in six years, as well as Putin's first visit to U.S. soil in a decade.

The Kyiv Independent visited the front-line city of Kramatorsk in Donetsk Oblast to hear from its residents what they think about the prospects of land swaps between Ukraine and Russia ahead of the Trump-Putin meeting in Alaska.

Show More