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Roman Abramovich’s superyacht leaves Barcelona port as net closes on Russian oligarchs in European waters

The 140-metre 'my solaris' yacht headed through the mediterranean after leaving the spanish port.

A superyacht owned by Roman Abramovich slipped out of Barcelona port, joining a growing exodus of vessels owned by Russian oligarchs from European ports amid the threat of seizure.

The 140-metre My Solaris was heading southeast through the Mediterranean after leaving the Spanish port on Tuesday, according to ship tracking data from MarineTraffic.

The European Commission has prepared a new package of sanctions against Russia and Belarus over the Ukraine invasion which could target Russian oligarchs, politicians and banks.

Mr Abramovich, who last week said he would sell Chelsea Football Club and would give the proceeds of the sale to the victims of the Ukraine war, has not been the target of sanctions.

Three other superyachts linked to Russian oligarchs are anchored in Barcelona where they loom over the other boats like over-sized toys for the super-rich.

One is named Valerie , a 85-metre yacht owned by Sergei Chemezov, head of the Russian defence conglomerate Rostec, who was sanctioned by the US government last week.

The other two belong to oligarchs who have not been sanctioned.

The $120m Aurora , owned by Andrey Molchanov, the main shareholder in Russian homebuilder LSR, dominates the marina.

Nearby is the 95-metre Palladium which has its own swimming pool and private cinema and is owned by metals magnate Mikhail Prokhorov.

French authorities last week temporarily impounded four cargo vessels and one luxury yacht linked to the Russian oligarchs as the US and other governments brought in extra sanctions against those close to Russian President Vladimir Putin.

Germany and Italy have also seized superyachts owned by Russian oligarchs but despite its popularity as a destination for the super-rich to stop off in their yachts, Spain has yet to impound any vessels.

Spain has asked the EU to introduce a ban on Russian oligarchs’ yachts in ports across the continent but so far Madrid has not seized any vessels.

The left-wing government is collecting details on yacht owners from the most popular ports in Barcelona, Puerto Banus near Marbella and in the Balearic Islands.

As Barcelona remains a playground for Russia’s super-rich, the sizeable Russian émigré community claimed they were the target of a boycott of their businesses and their restaurants, while Russian school children are being targeted by other pupils. One Russian shop outside Barcelona was vandalised, police said.

“They cannot hate us just because we are Russian. We are not to blame for political decisions and least of all the children,” said Natalia Loskutova, president of Raduga, a cultural association.

More on Russia-Ukraine war

In Barceloneta, the former fishing village which is now dominated by tourist flats and the superyacht marina, the colours of the Ukrainian flag fly but more by accident than on purpose.

The Barcelona neighbourhood has its own flag which shares the blue and yellow of the Ukrainian national flag.

The superyacht Marina Port Vell was owned by the British company, Salamanca Group, but in 2017, it was sold to the Qatari Investment bank QInvest and a fund with various international investors.

One of these is Vagit Alekperov, the president of the Russian energy giant Lukoil, who was valued at $17.9bn by Forbes magazine.

His superyacht Galactica Super Nova left Barcelona last week for Montenegro, which does not have an extradition treaty with the EU.

A spokesman for Mr Abramovich said: “I am sorry but we never comment on the movements on the yacht or any other vehicles or vessels.”

“Sometimes these yachts are assets of companies who are registered in jurisdictions where they do not need to register beneficial owners so it can be difficult for governments to establish who the real owner is,” Roland Papp, of Transparency International, an anti-corruption group told i .

At least five other superyachts owned by Russian billionaires were anchored in the Maldives or the Seychelles last week, in the Indian Ocean.

Eclipse, another yacht owned by Mr Abramovich, which left Barcelona last autumn is now in the Caribbean Sea near the British Virgin Islands, according to SuperYachtFan, a website dedicated to these luxury vessels.

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Abramovich yacht sets sail from Barcelona to avoid seizure under sanctions against Russian oligarchs

The world’s most expensive yacht, which belongs to Russian oligarch Roman Abramovich, has sailed from a Barcelona dockyard to avoid being seized under threatened sanctions for his links to Putin.

The Solaris, a $600 million superyacht quietly sailed out of Spanish waters last Tuesday according to ship-tracking data MarineTraffic.

It was reported to have docked in Montenegro, which is outside of the European Union and therefore not obliged to impose EU sanctions against Russia, although it may make the decision to do so.

Abramovich was among seven Russian oligarchs who had their assets frozen in the U.K. on Thursday for alleged links with Russian President Vladimir Putin after the invasion of Ukraine.

The 140-meter (459 feet) Solaris has 18 cabins that can accomodate 36 guests. It has eight decks, a helipad and a swimming pool that can be converted into a dance floor.

It reportedly has a flotilla of 20 high-speed jet-skis and at least one helicopter to transports guests from ship to shore, and is rumoured to also have a personal submarine.

Amramovich is not the only Russian billionaire to have docked his yacht in Spain.

The same dockyard in Barcelona is currently home to the 74-metre Aurora owned by Russian construction magnate Andrey Molcahnov who has an estimated worth of over €1 billion.

A third vessel in the Barcelona shipyard, the 70-metre Galactica Super Nova belongs to Vagit Alekperov, president and chief executive of Lukoil, who also has a 36.8% stake of the football club Spartak Moscow.

Across the water in Mallorca, is the 77-metre Tango owned by Russian telecom billionaire and close cohort of Vladimir Putin, Viktor Vekselberg.

All have been tipped as likely to be among assets frozen by authorities in Spain if the EU approves sanctions against individual Russians.

Other vessels known to be owned by associates of Putin have recently left Spanish ports to head out to international waters as the conflict in the Ukraine intensified.

• The Olive Press

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Fiona Govan

Fiona Govan joined The Olive Press in March 2021. She moved to Spain in 2006 to be The Daily Telegraph’s Madrid correspondent and then worked for six years as Editor of The Local Spain. She lives in Madrid’s Malasaña district with her dog Rufus.

Huh? The invasion and sanctions began weeks ago… Why was his yacht not already seized? And why did the Harbour Master allow it to leave? I wonder who got paid to look the other way just long enough for Abramovich to save his yacht and escape the sanctions…

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Yacht linked to Russian oligarch Roman Abramovich leaves Barcelona

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BARCELONA — A superyacht linked to Russian oligarch Roman Abramovich left Barcelona on Tuesday where it had been undergoing repairs in a local shipyard, ship-tracking data showed.

Yacht linked to Russian oligarch Roman Abramovich leaves Barcelona Back to video

The 140-meter (460-foot) Solaris, which sails under a Bermuda flag according to monitoring site Marine Traffic, left Spanish company MB92’s Barcelona shipyard just after 5 p.m. (1600 GMT) on Tuesday, according to the same site. MB92 declined to comment.

The superyacht, which was built in a German shipyard and first took to the sea early last year, is one of a string of yachts owned by Abramovich, according to reports in luxury goods publications SuperYachtFan, SuperYacht Times and Forbes.

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Abramovich, who last week put Chelsea Football Club up for sale and promised to donate money from the proceeds to help victims of the war in Ukraine, has not been the target so far of any sanctions over Moscow’s invasion.

A spokeswoman for Abramovich said: “We never comment on the movements of the yacht or any other vehicles or vessels.”

The boat had been at the Barcelona shipyard since late 2021, a sector source said. It was unclear where it was headed.

The European Commission has prepared a new package of sanctions against Russia and Belarus over the invasion of Ukraine that will hit additional Russian oligarchs and politicians and three Belarusian banks, three sources told Reuters on Tuesday.

French authorities last week took into temporary custody four cargo vessels and one luxury yacht linked to Russian oligarchs as the United States and other governments ramped up sanctions on Russia’s super-rich with links to President Vladimir Putin.

At least five other superyachts owned by Russian billionaires were anchored or cruising in the Maldives last week, an island nation in the Indian nation with no extradition treaty with the United States.

There are currently three other yachts reportedly tied to Russian oligarchs at the Barcelona shipyard, according to Marine Traffic. One of them is related to Sergei Chemezov, chief of Russian state aerospace and defense conglomerate Rostec, who was sanctioned last week by the United States.

The other two are understood to belong to Russian oligarchs who have not been sanctioned – Andrey Molchanov, the main shareholder in Russian homebuilder LSR, and metals magnate Mikhail Prokhorov.

Another superyacht, named Eclipse, which is also reportedly owned by Abramovich, was in Barcelona last autumn and is now in the Caribbean Sea near the British Virgin Islands. (Reporting by Joan Faus and Catarina Demony; Editing by Nathan Allen, Aislinn Laing and Sandra Maler)

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Yacht linked to Russian oligarch Roman Abramovich leaves Barcelona

The boat had been at the barcelona shipyard since late 2021, a sector source said.

Roman Abramovich new 600M$ yacht Solaris | Youtube: Como Estas

A superyacht linked to Russian oligarch Roman Abramovich left Barcelona on Tuesday where it had been undergoing repairs in a local shipyard, ship-tracking data showed. The 140-metre (460-foot) Solaris , which sails under a Bermuda flag according to monitoring site Marine Traffic, left Spanish company MB92's Barcelona shipyard just after 5 p.m. (1600 GMT) on Tuesday, according to the same site. MB92 declined to comment.

The superyacht, which was built in a German shipyard and first took to the sea early last year, is one of a string of yachts owned by Abramovich, according to reports in luxury goods publications SuperYachtFan, SuperYacht Times and Forbes.

Abramovich, who last week put Chelsea Football Club up for sale and promised to donate money from the proceeds to help victims of the war in Ukraine, has not been the target so far of any sanctions over Moscow's invasion.

A spokeswoman for Abramovich said: "We never comment on the movements of the yacht or any other vehicles or vessels."

The boat had been at the Barcelona shipyard since late 2021, a sector source said. It was unclear where it was headed.

The European Commission has prepared a new package of sanctions against Russia and Belarus over the invasion of Ukraine that will hit additional Russian oligarchs and politicians and three Belarusian banks, three sources told Reuters on Tuesday.

French authorities last week took into temporary custody four cargo vessels and one luxury yacht linked to Russian oligarchs as the United States and other governments ramped up sanctions on Russia's super-rich with links to President Vladimir Putin.

At least five other superyachts owned by Russian billionaires were anchored or cruising in the Maldives last week, an island nation in the Indian Ocean with no extradition treaty with the United States.

There are currently three other yachts reportedly tied to Russian oligarchs at the Barcelona shipyard, according to Marine Traffic. One of them is related to Sergei Chemezov, chief of Russian state aerospace and defence conglomerate Rostec , who was sanctioned last week by the United States.

The other two are understood to belong to Russian oligarchs who have not been sanctioned - Andrey Molchanov, the main shareholder in Russian homebuilder LSR, and metals magnate Mikhail Prokhorov.

Another superyacht, named Eclipse, which is also reportedly owned by Abramovich, was in Barcelona last autumn and is now in the Caribbean Sea near the British Virgin Islands.

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These Boats Are Really Big, but Barcelona Has the Room

The city has become a hub for billionaires’ superyachts, banking on the strength of the “blue economy.”

A huge yacht under repair in Barcelona, Spain, which has become a hub for superyachts. Credit... Samuel Aranda for The New York Times

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By Raphael Minder

• Jan. 10, 2022

BARCELONA, Spain — Launched less than a year ago, the 460-foot-long, eight-deck Solaris is one of the newest of the superyachts that are the floating palaces of the sea. It has a helipad, of course, plus a swimming pool and all the other high-tech amenities required by its Russian billionaire owner, Roman Abramovich .

But on a recent morning in Barcelona, the $600 million Solaris was out of the water, wedged into a dry dock, as workers toiled underneath its light-gray hull. They were fixing its finlike stabilizers, which help steady the massive vessel in rough seas but retract when there are no swells. At the opposite end of the boatyard, another giant, the Sea Rhapsody, was getting a final checkup before being put back into the water.

As the rich have gotten richer during the pandemic, their boats have gotten larger and more expensive — and when these over-the-top superyachts aren’t taking their owners to private holiday spots in the Caribbean and the Mediterranean, they need a place to drop anchor and deal with repairs.

And it is here that Barcelona, whose days as a commercial shipyard faded years ago, sees an economic opportunity.

Barcelona has turned itself into a hub for these luxury vessels, combining a private marina that is investing 20 million euros ($22.7 million) this year to turn itself into the largest port reserved for superyachts in the Mediterranean and maintenance facilities that can hoist behemoths out of the water and then summon a small army to do repairs.

And it doesn’t hurt that Barcelona offers the ships’ crew members downtime in one of the Mediterranean’s biggest tourism destinations.

Attracting billionaire yacht owners is only a small part of Barcelona’s efforts to tap into the “blue economy” of the sea, said Jaume Collboni, the deputy mayor. Barcelona’s port authority recently approved the construction of a new terminal for cruise ships, set to open in 2024. The city is also overhauling the seafront area that was developed for the Summer Olympics of 1992, which Barcelona hosted.

The pandemic was a huge blow for a city that normally welcomes millions of visitors. It showed that “diversification is becoming very important,” Mr. Collboni said. “When tourism dropped down to zero, some parts of the city were heavily affected, and we have needed to find new jobs, also for a less qualified work force.”

At the same time, the spread of the coronavirus gave the world’s billionaires a new excuse for keeping their distance from other people, a role perfectly suited for superyachts.

Worldwide about 5,700 yachts are over 30 meters long (just under 100 feet), and this fleet is set to expand 15 percent by 2025, according to industry projections . At the pinnacle of this market are about 370 megayachts of over 60 meters, whose number has risen 70 percent in the past decade and is forecast to reach 500 in about seven years. Construction yards have been struggling to keep up: The order book for superyachts is full until 2025.

MB92, the company that operates Barcelona’s superyacht maintenance facility, known as a refit yard, has 180 employees, but much of the labor is carried out by about 1,000 subcontractors whose jobs cover a variety of specialties, including painting, carpentry and insulation work. About 40 workshops are scattered around the yard, and during the peak repair seasons of spring and fall the yard can work on about 25 yachts at a time.

The yacht maintenance business has been jumping. MB92, which also owns a smaller yard in La Ciotat, France, reported revenue of €191 million (about $215 million) in 2021, up from €150 million in 2019.

Even if a superyacht is a striking showcase of wealth, owners expect those working for them to keep silent about their assets and whereabouts. When asked about the Sea Rhapsody’s destination once it left the yard, Henk Dreijer, the commercial director of MB92, demurred, suggesting that it was bound for “the Caribbean, but it could also be the Seychelles or somewhere else.”

“We work for people who like to be very discreet,” he added.

In Barcelona, which is led by a left-wing city government , not everybody welcomes the arrival of billionaires and their yachts, whose marinas are typically fenced off from the rest of the city’s waterfront.

“We are bringing in the richest people in the world, but they don’t spend their money in our local neighborhoods, they have yachts that fly the flags of tax havens, and they hire crews who are not from Barcelona,” said Gala Pin, a city lawmaker in Barcelona until 2019.

“We have also allowed private and very opaque companies to squeeze profits from public land and instead fence off access to a port area that should be enjoyed by all the citizens of Barcelona,” she added.

A decade ago, Ms. Pin and other residents held demonstrations to protest the initial project to develop Port Vell, a privately owned marina for luxury yachts. But Ms. Pin now concedes that the yacht business is very firmly anchored in Barcelona. Meanwhile, the city’s dwindling fishing fleet is squeezed into a small enclave, sandwiched between MB92’s yard and the superyacht marina.

Port Vell is in the midst of a major overhaul to become the largest superyacht marina in the Mediterranean. It is jointly owned by QInvest, a Qatari investment firm, and a group of investors led by Vagit Alekperov, the president of the Russian oil company Lukoil. Mr. Alekperov is also a partner in a fund run by Squircle Capital, a private equity firm based in Luxembourg. In 2019, Squircle bought a majority stake in MB92, the shipyard operator.

Even if the owners spend little time in Barcelona, the largest of these yachts have several dozen crew members who make lengthy stays and are “people with salaries that are generally higher than local salaries and money that they have not been spending on board,” said Ignacio Erroz, the director general of Port Vell. He said a PwC study commissioned by his company had estimated that Port Vell contributed €30 million a year to Barcelona’s economy.

Mr. Erroz forecast that Barcelona would continue to grow as a superyacht hub, in large part because “being able to anchor right in the heart of a big city is a major selling point.” But he also anticipated tougher competition.

“I think we will see many more existing ports adapting their infrastructure to welcome this kind of boat,” he said.

Raphael Minder covers Spain and Portugal, based in Madrid. He previously worked for Bloomberg News in Switzerland and for the Financial Times in Paris, Brussels, Sydney and finally Hong Kong. More about Raphael Minder

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Russian oligarch Roman Abramovich owns or is linked to a collection of five yachts estimated to be worth almost $1bn, including several vessels whose ownership remained secret until this week.

A Financial Times investigation into the billionaire’s assets has lifted the veil of secrecy he maintains over his wealth, even after the UK and EU imposed sanctions on him following Russia’s invasion of Ukraine for his allegedly close relationship with President Vladimir Putin.

Authorities in the UK and EU are attempting to identify all of the assets owned by sanctioned oligarchs. Abramovich was already widely reported to be the owner of Solaris and Eclipse — worth $474mn and $437mn, respectively, according to yacht data service VesselsValue. But the FT revealed this week that he also owns Halo and Garçon, which are both moored in Antigua.

The Antiguan government was unaware of the ownership of the boats docked on the island before inquiries from the FT, highlighting the scale of the challenge UK and EU authorities face in enforcing sanctions.

Tom Keatinge, director of the Centre for Financial Crime and Security Studies at the Royal United Services Institute think-tank said governments, banks and other institutions trying to enforce sanctions had to navigate a world where “ownership trails run cold and morph into a haze of front companies, nominees and cut-outs”.

Halo and Garçon are valued at $38mn and $20mn, respectively, and are now at risk of being seized.

In a letter to the British high commissioner to Barbados regarding the yachts, Antiguan minister of foreign affairs Paul Chet Greene said the island would “provide full assistance to the government of the United Kingdom” if it receives a request under the two nations’ Mutual Legal Assistance Treaty.

The letter noted that Antigua had requested information on the company that owns the two boats — British Virgin Islands-registered Wenham Overseas Limited — after “persistent allegations by the Financial Times that the vessels could be owned by Mr Roman Abramovich”.

In response, the British high commission provided Antiguan authorities with a letter, seen by the FT, “from the Financial Investigation Agency of the British Virgin Islands which states the beneficial owner of Wenham Overseas Ltd is Roman Abramovich”.

The letter also shows the billionaire’s address in Switzerland is listed simply as “Immeuble, Gatzby Le Magnifique”, which translates as “The Great Gatsby Building”.

Keatinge described the UK’s ability to demand full ownership information of companies registered in any of its overseas territories or crown dependencies as its “most powerful global weapon” in combating financial secrecy.

However, he asked: “How much is that weapon being used?”

A person with knowledge of Abramovich’s boat collection and documents seen by the FT indicate that the oligarch may also still be the owner of Sussurro, the first yacht he bought in 1998, despite reports he had given it to an ex-wife in a divorce.

The person who correctly identified the two yachts in Antigua as belonging to Abramovich told the FT the oligarch still owned Sussurro.

The vessel’s owner is listed in maritime registers as Vesuvius International Limited in the British Virgin Islands. BVI documents show this company was deregistered there in 2017. Another Vesuvius International was registered in Jersey the same year.

The owner of Jersey-based Vesuvius International is listed as Wotton Overseas Holdings Limited. This entity — which shifted from the BVI to Jersey in 2017 — is also the owner through a subsidiary of a helicopter that has been photographed landing on Abramovich’s Solaris several times.

Maritime tracking services show Sussurro, which means “whisper” in Italian and is valued at $11mn, is moored in La Ciotat in the south of France — the same port where the French government last month seized a $116mn superyacht belonging to a company tied to Igor Sechin, head of Russian oil group Rosneft.

Sussurro’s management company is Blue Ocean Management, a Cyprus-based company that also manages Le Grand Bleu, a 113-metre superyacht that Abramovich reportedly gave to his business associate Eugene Shvidler.

The UK placed Shvidler under sanctions last week.

The letter from the BVI’s financial investigation agency to its British counterparts also reveals that the owner of Le Grand Blue — Ashchurch Holdings Limited — is owned by “Zarui Shvidler”. Shvidler’s wife is commonly known as Zara Shvidler.

VesselsValue pegged Le Grand Bleu’s market value in a range of $110mn-$130mn, noting that the boat had last been tracked this week in the Caribbean Sea off the coast of Puerto Rico.

Representatives for Abramovich and Shvidler did not respond to requests for comment.

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Yacht linked to Russian oligarch Abramovich docks in Turkey's Bodrum

By Yesim Dikmen and Dominic Evans

ISTANBUL (Reuters) -A superyacht linked to Russian billionaire Roman Abramovich docked in the Turkish tourist resort of Bodrum on Monday, after skirting the waters of European Union countries which have sanctioned the oligarch over Russia's invasion of Ukraine.

Abramovich was among several wealthy Russians added last week to an EU blacklist, and EU governments have acted in recent days to seize yachts and other luxury assets from them.

World governments are seeking to isolate President Vladimir Putin and his allies over Russia's invasion of Ukraine, which the Kremlin calls a "special military operation".

Last week, Abramovich flew into Moscow after leaving Istanbul in his private jet. According to flight tracking data it was a second trip by a jet linked to Abramovich between the Turkish city and the Russian capital in three days.

A spokesperson for Abramovich did not immediately reply to a Reuters request for comment.

There was no indication that Abramovich was on the 140-metre (460-foot) yacht Solaris when it docked in Bodrum on Monday afternoon, just over a week after it left Montenegro's Adriatic resort town of Tivat on March 13.

Since then the vessel, which sails under a Bermuda flag according to monitoring site Marine Traffic, had tracked south and rounded the Greek island of Crete in recent days before reaching Turkish waters on Monday morning.

It spent the day motoring north, hugging the Turkish coast and steering away from nearby Greek islands, before arriving in Bodrum where pictures showed the imposing white vessel towering over other moored boats.

The superyacht was built in a German shipyard and first took to the sea early last year. It is one of a string of yachts owned by Abramovich, according to reports in luxury goods publications SuperYachtFan, SuperYacht and Forbes.

Its latest journey began on March 8 when it left a Barcelona shipyard where it had been undergoing repairs.

A second yacht linked to Abramovich, Eclipse, is currently cruising south of the Greek island of Rhodes and also seems to be on its way to Turkey, according to Marine Traffic.

Several groups have been confirmed as bidders to buy English soccer club Chelsea from Abramovich, who was also hit by British government sanctions following Russia's invasion.

(Reporting by Yesim Dikmen and Dominic Evans; Additional reporting by Catarina Demony; Writing by Daren Butler; Editing by Jonathan Spicer, Mark Heinrich and Alexander Smith)

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Watch Caitlin Clark's next WNBA game when the Indiana Fever play the Atlanta Dream tonight.

Zion Williamson's apparent weight loss draws attention on social media

New Orleans Pelicans star Zion Williamson appears to have lost notable weight during the offseason, based on photos taken at his basketball camp in South Carolina.

Cubs' Pete Crow-Armstrong zooms around bases in 14 seconds for inside-the-park home run

Chicago Cubs outfielder Pete-Crow Armstrong showed serious speed in running out an inside-the-park home run

Mortgage and refinance rates today, August 26, 2024: Should you get a fixed or adjustable rate?

These are today's mortgage and refinance rates. ARM rates are starting higher than fixed ones, so a fixed-rate loan may be a better fit. Lock in your rate today.

Kerr out at Team USA, Zion slims down & our favorite under-the-radar offseason moves | No Cap Room

Jake Fischer and Dan Devine talk their way through the late August NBA news cycle and list off their favorite under-the-radar moves from this NBA offseason.

Aaron Judge’s pursuit of 74 HRs, Shohei Ohtani looking at 50-50 | Baseball Bar-B-Cast

Jake Mintz & Jordan Shusterman discuss if Aaron Judge could one day set the MLB single season record for home runs, if Shohei Ohtani can reach the 50-50 club this season and recap all the action from the weekend in baseball.

Shohei Ohtani is 'fine' after X-rays following hit-by-pitch reveal no structural damage

"It's really scary," manager Dave Roberts said. "You always hold your breath."

MLB umpire Nick Mahrley carted off field after Giancarlo Stanton's broken bat hit him in the head

Stanton's bat snapped at the handle, and the barrel hit Mahrley in the side of his head.

The Kansas City Chiefs' cheerleaders are wearing cuffs to honor former squad member Krystal Anderson following her death: 'She was always sparkling'

Anderson suffered a cardiac arrest after contracting sepsis following a stillbirth. Now her death is drawing attention to the Black maternal mortality criss.

Falcons saw enough of Michael Penix Jr. last week that he won't play again this preseason

Michael Penix Jr. is done for the preseason, Raheem Morris said.

These cars have the shortest driving range after a low fuel warning

MarketWatch's recent research showed that while some vehicles offer a decent amount of driving range with a low fuel light on, others could leave you stranded.

Wake up! 10 deep sleepers to target in your drafts | Yahoo Fantasy Forecast

'Convictions Week' rolls on with Andy Behrens back in the host chair and Sal Vetri joining him to identify the 10 deep sleepers you need to target later in your drafts. Behrens and Vetri pick players from each skill position that are set up to severely out-kick their ADP. The two also discuss players to target for Yahoo's million dollar sweepstakes with NBC. They end the show answering your pressing draft questions in the fantasy mailbag.

Bust alert! 13 players to avoid early in your drafts | Yahoo Fantasy Forecast

It's officially 'Convictions Week' on the pod as we provide our most definitive takes of draft season. Matt Harmon is joined by Yahoo Fantasy's resident hater Dan Titus to identify potential busts in each round of your draft. While both make it clear they don't think the guys they pick will have awful seasons, they do offer reasons why each of their picks won't meet the expectations of their current ADP. The two also end the show by answering your questions in the fantasy mailbag.

Researchers discover potentially catastrophic exploit present in AMD chips for decades

Researchers discovered a potentially catastrophic vulnerability in AMD chips that has been there for decades. It’s called a ‘Sinkclose’ flaw.

Stock market news today: Stocks soar, Nvidia surges 12%, as Fed, Powell pave way for September rate cut

A tech revival helped lift stocks, as investors digest the Federal Reserve's decision to hold interest rates steady.

What credit card users need to know if the Fed cuts rates in September

The Fed may soon cut interest rates. Here’s why you should take control of your credit card debt now.

US crackdown on advanced chips gives China an opening on old technology

The US has focused on building domestic supply chains for advanced semiconductors. Now, China is rapidly expanding its own manufacturing capacity for less advanced but more widely used chips.

Cache Energy's mysterious white pellets could help kill coal and natural gas

In response, scientists and engineers have been racing to find inexpensive ways to store that power for later, ultimately hoping to store renewable energy so that it’s available 24/7 and at a price that’ll put coal and natural gas out of business. Cache Energy is the latest startup to attempt the feat, and it’s taking a slightly different tack than most. Rather than store power as heat using sand or specially made bricks, Cache is storing it in chemical bonds inside pellets made of lime derived from limestone.