<story><title>How Putin’s Oligarchs Bought London</title><url>https://www.newyorker.com/magazine/2022/03/28/how-putins-oligarchs-bought-london</url></story><parent_chain><item><author>miohtama</author><text>Dubai is currently the go-to destination of shady money. It’s the next Monaco&amp;#x2F;Swizerland. The local rulers have de facto control over government, jurisdictional and businesses. Any money is welcome as long as the right parties get their share - the rule of the law does not apply as long as you hire the right lawyer and advisors. It’s still the US ally in Middle East and so far, Dubai&amp;#x2F;UAE has had a blind eye on their lax money-laundering practice.&lt;p&gt;Here is a good article from The Economist on the situation. I apologise for the low quality of photo of the page.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;twitter.com&amp;#x2F;moo9000&amp;#x2F;status&amp;#x2F;1504425086073413639&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;twitter.com&amp;#x2F;moo9000&amp;#x2F;status&amp;#x2F;1504425086073413639&lt;/a&gt;</text></item><item><author>i_like_waiting</author><text>I am realistically wondering now, what changes does this bring. 
If London won&amp;#x27;t be interesting anymore for oligarchs, what will happen with prices of accomodation in center? 
If Switzerland is not a neutral country anymore, where will the money go?&lt;p&gt;There should be prisoners dilemma and therefore some country should emerge to fill this &amp;quot;market need&amp;quot;</text></item></parent_chain><comment><author>selectodude</author><text>For those who don&amp;#x27;t want to try to read a picture of a magazine embedded in a tweet:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.economist.com&amp;#x2F;middle-east-and-africa&amp;#x2F;2022&amp;#x2F;02&amp;#x2F;26&amp;#x2F;the-uae-tries-to-crack-down-on-dirty-money&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.economist.com&amp;#x2F;middle-east-and-africa&amp;#x2F;2022&amp;#x2F;02&amp;#x2F;26&amp;#x2F;...&lt;/a&gt;</text></comment>
<story><title>How Putin’s Oligarchs Bought London</title><url>https://www.newyorker.com/magazine/2022/03/28/how-putins-oligarchs-bought-london</url></story><parent_chain><item><author>miohtama</author><text>Dubai is currently the go-to destination of shady money. It’s the next Monaco&amp;#x2F;Swizerland. The local rulers have de facto control over government, jurisdictional and businesses. Any money is welcome as long as the right parties get their share - the rule of the law does not apply as long as you hire the right lawyer and advisors. It’s still the US ally in Middle East and so far, Dubai&amp;#x2F;UAE has had a blind eye on their lax money-laundering practice.&lt;p&gt;Here is a good article from The Economist on the situation. I apologise for the low quality of photo of the page.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;twitter.com&amp;#x2F;moo9000&amp;#x2F;status&amp;#x2F;1504425086073413639&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;twitter.com&amp;#x2F;moo9000&amp;#x2F;status&amp;#x2F;1504425086073413639&lt;/a&gt;</text></item><item><author>i_like_waiting</author><text>I am realistically wondering now, what changes does this bring. 
If London won&amp;#x27;t be interesting anymore for oligarchs, what will happen with prices of accomodation in center? 
If Switzerland is not a neutral country anymore, where will the money go?&lt;p&gt;There should be prisoners dilemma and therefore some country should emerge to fill this &amp;quot;market need&amp;quot;</text></item></parent_chain><comment><author>mullingitover</author><text>&amp;gt; The local rulers have de facto control over government, jurisdictional and businesses&lt;p&gt;&amp;gt; ...the rule of the law does not apply...&lt;p&gt;All of these should be red flags - even if you yourself are shady, you &lt;i&gt;want&lt;/i&gt; strong property rights and rule of law, not whatever the local despot feels like doing that day.</text></comment>