Fact Check: Putin Did NOT Ban Rothschilds from Russia

Fact Check

  • by: Gita Smith

STORY UPDATED: check for updates below.

Fact Check: Putin Did NOT Ban Rothschilds from Russia False Again

Did Russian President Vladimir Putin ban the Rothschild banking family from all Russian territories, saying not to come back under any circumstances? No, that's not true: President Putin never said that, and the Rothschilds' firm, under Giovanni Salvetti, is still in business at its Moscow financial center.

The claim appeared in an article (archived here) by Maker Kuman on the csglobe.com website on September 21, 2016, under the title

"Putin Has Banned Rothschild And His New World Order Banking Cartel Family From Entering Russian Territory."

It opened:

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along with his plans for New World Order, Jacob Rothschild's ban comes as no surprise.

Even though the article is nearly four years old, it continues to be shared on social media, as recently as June 5, 2020. This is what one post looked like at the time of writing:

Posted by Military and Politics on Thursday, June 4, 2020

The article says:

Putin did not hesitate to inform advisers of his actions: 'grabbed them by the scruff of the neck and kicked them out Russia's back door.' During the meeting in question, Putin was clearly discontent about the secretive elite's agenda of taking over the country. Seems like his act of pounding his fist against the table and the promise to destroy the New World Order show clear evidence of Putin's integrity.

The article does not say when the order was given, where or to whom. But csglobe.com offers no written document or official order as proof that Putin was evicting the financiers. Moreover, there is proof that Jacob Rothschild was based in Britain, not Russia, throughout 2016 and was carrying out his own branch of the business in London, according to The Financial Times.

The site that promoted this story, csglobe.com, is rated a "strong conspiracy website that promotes unproven claims," and is also rated "Low" for factual reporting by independent Media Bias Fact Check, an organization that ranks more than 3,000 news outlets worldwide for accuracy and fairness.

According to Google Maps, Rothschild & Co. are located in Moscow's financial district and still open for business in 2020, here. It hasn't been kicked out of either Russia or the Commonwealth of Independent States, and the company's prospectus claims excellent results for its wealthy clients:

Rothschild & Co. has had an on-the-ground presence in Russia for over a decade, providing financial advisory services "to large and mid-sized corporations, private equity, families and entrepreneurs. The Rothschilds boast "unparalleled high-level and government access." A deep experience of Russian (and Ukrainian) markets has resulted in many of the country's largest, most complex, and precedent-setting transactions."

Two years after the csglobe.com post appeared, Rothschild remained a trusted name in Russian financing, according to this Reuters News Service report. It states that, in 2018, Rusal, the nation's largest producer of aluminum, hired the Rothschild group to broker a deal to save the mineral company from U.S. sanctions.

The common theme in conspiracy theories about a New World Order is that a secret power elite is planning to soon rule the world through one dominating government. But the csglobel article provides no proof of Rothschild alliances with specific others, no recorded or photographic proof of meetings, and no documents or evidence of criminal blueprints to further world domination.

For proof, csglobe.com uses only the phrases, "according to sources" and "according to a Kremlin source."

In fact it appears csglobe got their information from YourNewsWire, a now defunct website that used to publish stories that were either completely made up or were based on real news reports but with fictional elements added to them. Lead Stories wrote about false stories published on that site many, many times.

Updates:

  • 2020-06-11T06:36:22Z 2020-06-11T06:36:22Z
    Added information about YourNewsWire

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  Gita Smith

Gita Smith covered news for The Atlanta Journal-Constitution and the Montgomery Advertiser, and she wrote/edited medical newsletters for American Health Consultants at the dawn of the AIDS epidemic when clear, factual information was as needed. 

For a time, she taught in Auburn University’s journalism department and ran the History-Geography lab at Alabama State University, where she taught students to write research papers . She believes the following to be true: The power of the free press may appear to be a weak reed to lean on, but it separates democracies from juntas.

Read more about or contact Gita Smith

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