But how do sanctions work? Let’s follow the path of one Russian yacht to its seizure in Mallorca. A sanctions program starts when the president determines there is a threat to the U.S. economy ...

Fancy Bridge Ltd. and Petróleos de Venezuela S.A., known as PDVSA. The Alfa Nero is not the only Russian yacht to be seized. Following the imposition of sanctions against Russian oligarchs close ...

a Russian businessman who founded a fertilizer company, is being sought by his daughter, who claims she is the rightful owner. The government has confirmed that it sold the yacht last year.