Why Vladimir Putin's wealth will be difficult to sanction

2022-04-26 07:53:54 By : Ms. Joy Cheng

St. Petersburg was one of the richest seaports in Russia. But in the early 1990s, it was starving.  

The city once known as Leningrad was reeling amid the breakup of the Soviet Union. Grocery shelves were bare. So its deputy mayor hatched a plan. St. Petersburg would license the export of some of the region’s natural resources and use the money to feed its people.