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BBC – Russian billionaire Arkady Rotenberg says ‘Putin Palace’ is his

Summary:
Russian oligarch Arkady Rotenberg says he is the owner of an opulent Black Sea mansion, not President Vladimir Putin, as the leaders' critics had alleged.Mr Rotenberg said the property will be completed "in a couple of years" and is expected to become an apartment hotel.Earlier this week, the Russian president directly denied that he or his family owned it and described the video about it as "boring".BBC NewsBBC - Russian billionaire Arkady Rotenberg says 'Putin Palace' is his

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Russian oligarch Arkady Rotenberg says he is the owner of an opulent Black Sea mansion, not President Vladimir Putin, as the leaders' critics had alleged.

Mr Rotenberg said the property will be completed "in a couple of years" and is expected to become an apartment hotel.

Earlier this week, the Russian president directly denied that he or his family owned it and described the video about it as "boring".

BBC News


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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