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As President Joe Biden vows to punish Russia with financial sanctions by seizing yachts, mansions and other assets, members of the real estate community and
There is a small Russian population in Georgia, less than 0.5% of the total population in 2014, [1] but rising to more than 3% by the end of 2022, and declining by 31,000 persons in 2023. [2] For many years, Georgia was a part of the Russian Empire , and later the Soviet Union .
Russia has supported separatist movements in Abkhazia and South Ossetia since the early 1990s. This is arguably the greatest problem in Georgian–Russian relations. The tensions between Georgia and Russia, which had been heightened even before the collapse of the Soviet Union, climaxed during the secessionist conflict in Abkhazia in 1992–93.
Though tensions had existed between Georgia and Russia for years and more intensively since the Rose Revolution, the diplomatic crisis increased significantly in the spring of 2008, namely after Western powers recognized the independence of Kosovo in February and following Georgian attempts to gain a NATO Membership Action Plan at the 2008 Bucharest Summit; and while the eventual war saw a ...
Georgia, once part of the Soviet Union, is inching closer to Russia since recent parliamentary elections saw their Russian-backed party win, making it harder for the country to align with the West.
During a New York real estate conference in 2008, President Donald Trump's eldest son admitted that a lot of the family's assets come from Russia.
In 1996, Trump trademark applications were submitted for potential Russian real estate development deals. Trump, his children, and his partners have repeatedly visited Russia, connecting with real estate developers and Russian government officials to explore joint venture opportunities. Trump was never able to successfully conclude any real ...
The Justice Department’s “Operation KleptoCapture” is seeking to seize luxury real-estate in Miami, the Hamptons and New York City, worth roughly $75 million and belonging to Russian ...