US warns ‘Londongrad’ money could undermine Russia sanctions over Ukraine

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“The fear is that Russian money is so entrenched in London now that the opportunity to use it as leverage against Putin could be lost,” a Washington source told The Times.

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London's position as playground for Russia's super-rich is "a party that had already peaked by 2014" and "is surely now over," writes Simon Usborne in Town & Country magazine.
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Economic sanctions against Russia "will have very little impact on the prime property market", suggest top luxury property brokers.
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Luxury Portfolio International has brought some research to life, mocking up a fantasy home that showcases prime property buyers' seven key demands.