International
Putin adviser vows legal battles against attempts to seize Russian assets
Moscow will fight attempts to seize Russian property abroad in courts around the world, the former president Dmitry Medvedev has said.
Medvedev, who advises Vladimir Putin on national security matters, said in a post on Telegram on Wednesday that Russian businesses whose assets are subject to sanctions would take legal action in the US, EU and elsewhere.
“Our opponents … should understand that they will face a large number of cases in courts. Both in the national courts of the United States and Europe and in international courts,” wrote Medvedev.
Since President Putin launched the invasion of Ukraine in late February the US, EU, UK and other allies have targeted sanctions at a series of Russia’s richest businessmen and companies ranging from state-controlled banks to arms manufacturers.
Medvedev served as president between 2008 and 2012, before Putin reassumed the presidency. He is deputy chairman of Russia’s Security Council, which is headed by Putin and advises the president on national security, and he has used the social network to issue a mixture of threats and comments about sanctions on Russia since his country’s invasion of Ukraine.
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Many of the sanctions against Russian interests have included asset freezes. Trophy assets that have been affected include company stakes, such the billionaire Roman Abramovich’s shares in Chelsea Football Club and in London-listed steelmaker Evraz. There is also a growing list of superyachts and planes linked to oligarchs that have been prevented from leaving to more friendly ports.
In the UK an asset freeze prevents the owners of assets such as land, buildings, company shares or artworks from gaining any economic benefit from them, including via their sale. However, those assets are not legally confiscated.
Russia’s government has in the past proven adept at using the courts of other countries. In one notable case the Russian state successfully pursued Sergei Pugachev, a former senior Kremlin official who ran an election campaign for Putin, in London courts to claim ownership of UK property that Russia claimed was bought with stolen funds.
In his Telegram post, Medvedev acknowledged that the courts systems in the US and Europe have “a significant degree of independence”, but complained that sanctions against Russian businessmen were like the Spanish Inquisition, the search for heretics around the 16th century.
THE GUARDIAN
International
American man arrested for beating tourist to death at Ireland hotel
American man arrested for beating tourist to death at Ireland hotel
A 30 year old American man whose name was not given by security officials, has been arrested for beating up a 60 year old tourist to death at the Ballyfin Demesne hotel in Laois, Ireland.
The Irish police force commonly known as ‘Garda Síochána’ announced that the incident occurred in the late hours of Tuesday, November 12.
Ballyfin Demesne hotel, is a popular luxury five-star hotel located in Laois, Ireland and special guests such as Kanye West, Kim Kardashian, George Clooney e.t.c had made use of the hotel in times past.
The victim was discovered unconscious in the late hours of Tuesday, November 12 and was then rushed to the hospital were he died due to severe beating inflicted on him by the culprit.
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Independent local councilor James Kelly stated that nearby communities were ‘stunned’ upon learning about the incident at the renowned hotel.
He said, “There would be a lot of staff from the area and they’re totally shocked by what has happened here.
“It’s something we didn’t think we’d be waking up to this morning.”
The police also noted that a senior officer has been assigned to lead the investigation and an incident room has been set up at Portlaoise Garda Station, Ireland.
Furthermore, a family liaison officer will be designated to assist the family of the deceased.
International
FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win
FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win
The Federal Bureau of Investigation on Wednesday carried out a raid at the home of Shayne Coplan, CEO of cryptocurrency prediction outlet Polymarket.
Authorities seized Mr Coplan’s phone during the raid, according to New York Post which first reported the incident.
Mr Coplan, 26, has been running the famous platform for bets throughout the 2024 presidential election in the United States.
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It wasn’t immediately clear why the search was conducted, but Polymarket promptly said it might be due to its activities during the election. Users on the platform had correctly predicted Donald Trump was going to defeat Kamala Harris. The company paid out a substantial amount to winners following the election.
“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” a spokesperson for Polymarket said in a statement from its headquarters in New York. “Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections.”
It was unclear whether or not the FBI would be filing charges after the raid.
FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win
International
Two dead, buildings destroyed in American factory explosion
Two dead, buildings destroyed in American factory explosion
Two employees of Givaudan sense colour, a factory known for making colourings for beverages, located in Louisville, Kentucky, United States (US) were killed in an explosion that took place at the company’s facility.
The factory reported that the incident which took place on Tuesday, November 12 in the afternoon have also destroyed buildings around the company.
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Louisville Mayor, Craig Greenberg stated that firefighters managed to rescue and evacuate numerous individuals from the site, including some who sustained life-threatening injuries.
He also confirmed that all employees present at the plant during the explosion have been accounted for.
Earlier reports indicated that at least 11 workers were hospitalized.
The cause of the explosion is still under investigation.
Two dead, buildings destroyed in American factory explosion
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