Taxpayers Are Paying the Bill for Oligarchs’ Seized Yachts
Update: 2023-09-25
Description
P.M. Edition for Sept. 25. The U.S. and other Western nations launched an unprecedented campaign to sanction Russia after its invasion of Ukraine. That included seizing billions of dollars in assets from Russian oligarchs, including yachts. But now, those big boats have become a burden for taxpayers. U.K. correspondent Max Colchester explains. Plus, a continued rise in bond yields is hitting tech stocks hard. Markets reporter Eric Wallerstein has more. Annmarie Fertoli hosts.
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