Inclusion on Forbes rich list 'now seen as toxic' by Russians

Inclusion on Forbes rich list 'now seen as toxic' by Russians

"By naming the whole Russian government, presidential administration and all Russian billionaires, the Trump administration has undermined and ridiculed the U.S. sanctions on Russia", Aslund said on Twitter.

Mnuchin came under fire from Democrats for the failure to impose any sanctions in the report Treasury released while he was testifying before the Senate Banking Committee on Tuesday.

The EU foreign service, which is in charge of proposing alternative names when the EU next reopens its blacklist in March, told EUobserver: "We take note of the report issued by the United States treasury". "I don't think in anyway we are slow-walking the report delivered last night and we look forward to discussing with you in a classified setting", Bloomberg cited Mnuchin as saying.

The Trump administration late Monday released a long-awaited list of 114 Russian politicians and 96 "oligarchs" who have flourished under President Vladimir Putin, fulfilling a demand by Congress that the us punish Moscow for interfering in the 2016 USA election.

The list includes people already subject to sanctions due to their close ties to Putin, such as Arkady Rotenberg, as well as those seen as distant from the Kremlin, such as banker Oleg Tinkov and grocery tycoon Sergey Galitsky.

Alexei Navalny, the opposition leader who has been barred from competing in the presidential elections, was among those cheering the "Putin list" as a positive development. We sanctioned the head of their foreign intelligence, and then the Trump administration invites him to waltz through our front door.

'Forbes went through the lists and confirmed that indeed the Treasury Department's list is an exact replica of the Russians on the 2017 billionaires list, ' the outlet reported. The publication of the so-called "Putin list" angered and dismayed many in Moscow.

More news: High Stakes Meeting in Moscow: Netanyahu and Putin

The Treasury Department released the list of powerful Russians and oligarchs worth more than $1 billion on Monday, shortly before a midnight deadline.

The US Treasury confirmed to Forbes it had used the magazine's figures on Russia's wealthiest business people when drawing up the list.

President Vladimir Putin has ordered the government to organise a sports competition for Russian athletes banned from the upcoming Winter Games in Pyeongchang over a doping scandal, his spokesman said Wednesday.

He said the list further complicates US-Russia ties as well as global relations.

Asked by Josh Lederman from AP if the State Department expects the public to "take the Trump administration at its word" that sanctions are taking a heavy toll on Russian Federation, he said the issue is too sensitive to be discussed publicly.

Russia hawks in Congress had pushed the administration to include certain names, while Russian businessmen hired lobbyists to keep them off.

"The odd thing about this unclassified report is this statement upfront that 'inclusion in this report does not constitute determination by any agency that the individuals or entities meet the criteria for designation under any sanctions program, '" he said, adding that the report's preamble also makes it clear that there are no limits imposed on dealing with those listed in the report. It's been informally referred to as the "Putin list".

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