Moscow responds to Russian billionaires being barred from Davos meeting: ‘Your loss’

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Three Russian businessmen have been reportedly barred from visiting next year’s World Economic Forum in Davos due to US sanctions against them. The Kremlin said the event organizers are shooting themselves in the foot. Viktor Vekselberg, the owner of Renova group, aluminum tycoon Oleg Deripaska and the head of VTB Bank Andery Kostin have been denied the right to visit the upcoming business gathering in Switzerland, according to the British business daily the Financial Times. The newspaper cites sources as saying that the three Russian individuals were deemed unwelcome at the January WEF because the US considers them key supporters of Russian President Vladimir Putin and imposed individual sanctions on them as part of its wider anti-Russian pressure campaign. One source said the sanctions themselves in no way bar the three businessmen from attending the high-profile event and that the organizers bowed to pressure from Washington. “This is not about the law,” one person said on…

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This post originally appeared on SOTT.net

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