This Week at Hudson Institute
- Wednesday: Join KI, the Lithuanian ambassador, and a distinguished panel to discuss The Threat of Kleptocracy: States Bordering the Russian Federation.
- Thursday: Journalist Ben Judah and KI will launch a major new report, The Kleptocracy Curse: Rethinking Containment.
News
- The White House and the CIA are rumored to be mulling a“proportional” response to Kremlin cyberattacks during the U.S. election season. “It’s well known that there’s great deal of offshore money moved outside of Russia from oligarchs … It would be very embarrassing if that was revealed.” (NBC)
- RT, the Kremlin propaganda outlet, has been told that its UK bank accounts with NatWest will be closed in December. (BBC)
- The UK’s Criminal Finances Bill promises a raft of new measures to tackle corrupt cash. (WSJ)
- Chinese investments in U.S. real estate are driving up prices, and even “reshaping” some markets. (WaPo)
- A former senior Chinese energy official wasconvicted of graft and given a suspended death sentence after $30 million in cash was found at his home. (Reuters)
- The arrest of two Australians highlights Beijing’s growing concern over the role of casinos in money laundering and capital flight. (Business Insider)
- The Swiss banking watchdog identified 15 banks in a money laundering “red zone.” (Reuters)
Features
- Western unity on Kremlin sanctions canhelp contain Putin’s Russia, says Ivo Daalder. (FT)
- How corruption corrodes Ukraine’s economy. (Forbes)
