The US Government Seizes Russian Super Yachts

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The vessels seized by the US government are likely to fetch a relatively low price. Even a knockdown price for a super yacht could still raise tens of millions of dollars for Ukraine. A lot of the Russian elite can't be too happy that they're appearing in negative press stories.

There are similarities between the two economies set to be the fastest-growing this year—but their paths to greater prosperity will not look like those that came before. One of Australia’s most important river systems is in trouble, and a logjam of millions of dead fish is just one sign. And what to do with the abandoned luxury yachts of Russia’s super-rich.

For full access to print, digital and audio editions of The Economist, try a free 30-day digital subscription by going to www.economist.com/intelligenceoffer