Britain warns Russia: ‘The rich few will have nowhere to hide’ | abroad

Since the fall of the Soviet Union in 1991, London has become an outpost of money flowing from the former Soviet republics. As a result, the English capital was nicknamed “Londongrad”.

So in Britain, opponents of Putin are calling for action against big Russian companies, but Russian oligarchs and rulers continue to display their fortunes in London and other posh European locations.

But this will stop if the British impose economic sanctions. British Foreign Secretary Liz Truss said Sky News Channel That the Russian oligarchs “will have nowhere to hide.” Later this week, new legislation will be announced that will allow for broader sanctions.

The goal is to prevent Putin from invading Ukraine. “Our top priority is to prevent Vladimir Putin from taking action,” Truss said.

The UN Security Council is scheduled to meet on Monday to discuss the situation. The United States last week requested a meeting with 15 countries.

It is expected that there will be a confrontation between the United States and Russia at the highest diplomatic level. Russia can thwart all Security Council resolutions because it has veto power as one of its permanent members. However, the meeting itself could not be prevented.

There are currently an estimated 100,000 to 130,000 Russian soldiers in positions near the border with Ukraine. Military forces and equipment were also brought to Belarus for joint military exercises from February 10 to 20. Speak on the border with Ukraine. In the south, in the Black Sea, the Russian army is also forming. Troops also remain in eastern Ukraine, in the two regions controlled by pro-Russian separatists since 2014.