Financial Transparency Coalition

The sanctions against Russian oligarchs who hold billions of dollars have mostly failed to have a real impact beyond freezing a few yachts and properties.

Latin America was one of the hardest hit regions by the pandemic in health, social and economic terms. In 2020, 44 million jobs were lost and 22 million people were pushed into poverty, adding to the 187 million poor in the continent.

This year, 85 per cent of the world’s population is expected to live under austerity measures, likely further widening inequality.

A year ago, Russia’s invasion of Ukraine was seen as a historic opportunity to uncover hidden assets from Russian oligarch and other sanctioned entities and individuals.