Russian President Bans Soros’s Foundations

George Soros has plenty of money. To be a bit more exact, around $27 billion according to Fortune magazine. The man made it in the financial markets, and is known as one of the top financial speculators ever.

His immense fortune and liberal political interests led to his founding of Open Society Foundation that aims to protect human rights and government accountability across the world.

Yet, not everyone feels that way. The President of the Russian Federation, Vladimir Putin, is one of those. As Fortune Magazine reports, Soros’s foundations has been banned from Russia. The reasons cited include a threat to national security and the Russian Constitution.

Not long ago, Soros proposed a $50-billion package to aid Ukraine to stand up against increasingly belligerent Russia. He also argued that sanctions against Russia are necessary but insufficient in the wake of the Ukrainian crisis.

Both the Open Society Foundations and the affiliated Open Society Institute Assistance Foundation have been put on the list of foreign non-government organizations (NGOs) that are banned from operating in the Russian territory.

Meanwhile, George Soros said he believes the ban is only temporary. But, it doesn’t appear to be so. Just several days ago, a college in Russia burned more than 50 books provided by Soros’s foundation.

The books titled “Renewal of Humanitarian Education” were located at Vorkuta Mining and Economic College and confiscated for burning. And more than 400 books are due for shredding.

However, banning Soros’s publications may be quite hard in the age of digital publishing. On the other hand, banning his organizations carries more of an impact.

Vladimir Putin isn’t the only leader who appears to strongly dislike George Soros. The Hungarian Prime Minister, Victor Orban, blamed Soros for causing the European migrant crisis.

As Orban claimed, Soros seeks to undermine European countries and make their traditions change by encouraging and supporting Middle-Eastern migration to Europe.

What’s interesting in this case is that Soros was born in Hungary and appeared to have hard time there during his youth, which led to his immigration first to Great Britain and then to the United States.

At 85, Geroge Soros got his many billions of dollars to do and say what he feels is right, whether others agree or not.

January 26, 2016

One thought on “Russian President Bans Soros’s Foundations

  1. Marie Gianni Post author

    A spokesperson for the Open Society Foundation was dismayed by this fact and highlighted that for the past 25 years the foundation stood for human rights and the rule of law in Russia. It is also very important that essay service do get these things back on tract for it to work so well too.

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