Moscow
Russian authorities have arrested another top shareholder in Yukos, the country’s largest private oil company. Vasilii Shakhnovskii was accused of tax evasion, a common charge in Russia; the Kremlin often uses the country’s contradictory and impenetrable tax code to punish enemies. Since July, three other top Yukos shareholders have been charged with fraud or had their offices searched. Some Russian commentators say the Kremlin has been persecuting Yukos because it wants the company to be sold to foreign investors. Other major shareholders are getting nervous; one has already fled to Israel.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
July 5 editorial cartoonsCartoons Saturday’s political cartoons include an extrajudicial detainment camp, 'alligator Alcatraz', and tax cuts for billionaires.
-
5 explosively funny cartoons about the 4th of JulyCartoons Artists take on liberty and justice for all, a terrifying firework, and more
-
Jeff in Venice: a "triumph of tackiness"?In the Spotlight Locals protest as Bezos uses the city as a 'private amusement park' for his wedding celebrations
