Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Russia bans Elton John AIDS Foundation to defend 'spiritual and moral values'
    Finance

    Russia bans Elton John AIDS Foundation to defend 'spiritual and moral values'

    Russia bans Elton John AIDS Foundation to defend 'spiritual and moral values'

    Published by Global Banking and Finance Review

    Posted on April 3, 2025

    Featured image for article about Finance

    By Andrew Osborn

    MOSCOW (Reuters) - Russia's General Prosecutor on Thursday banned the activities of the Elton John AIDS Foundation, accusing it of taking a negative stance towards countries like Russia that protect "traditional spiritual and moral values".

    The prosecutor's office said its ban specifically applied to two non-governmental organisations, one registered in the United States and the other in Britain, both of them called the "Elton John AIDS Foundation". Both are officially designated as "undesirable organisations", it said.

    The foundation was set up by the gay British singer and songwriter who in the past has given sell-out concerts in Russia and has spoken out against what he has said is unacceptable discrimination against gay people by the Russian authorities.

    President Vladimir Putin has rejected such assertions. He has cast Russia as a bastion of "traditional values" locked in an existential struggle with a decadent West.

    The Elton John AIDS Foundation did not immediately respond to a request for comment.

    "When a musician plays along with the promoters of democracy, you get propaganda. And if Elton John is at the piano, it is not just anti-Russian propaganda," the prosecutor's office said in a statement on its official Telegram channel.

    "The NGOs (non-governmental organisations) actively participate in an information campaign orchestrated by the 'collective West' to discredit traditional values and escalate social tensions," it added.

    In a separate statement on its website, the prosecutor's office complained about the foundation's promotion of "non-traditional sexual relationships, Western family models, and gender reassignment".

    Without citing examples, the statement also accused the foundation of taking part in what it called a Western campaign to "denigrate Russia" over its war in Ukraine, something the prosecutor called a "special military operation".

    Putin has encouraged women to have at least three children to battle a birth rate dip, and a 2022 law widened a ban on "LGBT propaganda" to effectively ban any public expressions regarding homosexuality.

    In November, Russia's lower house of parliament voted unanimously to ban what authorities cast as pernicious propaganda for a child-free way of life.

    In a mission statement on its website, the Elton John AIDS Foundation said it had raised more than $600 million to support over 3,100 projects in 95 countries globally to increase access to health care, tackle LGBTQ+ stigma, and end AIDS.

    (Reporting by Andrew Osborn; Editing by Gareth Jones)

    Related Posts
    Exclusive-Britain examines revamp of capital rules for likes of Citadel and XTX
    Exclusive-Britain examines revamp of capital rules for likes of Citadel and XTX
    Oil moves lower on Ukraine talks, weak China data
    Oil moves lower on Ukraine talks, weak China data
    Stocks slide as investors on edge ahead of data, central bank meetings
    Stocks slide as investors on edge ahead of data, central bank meetings
    When Banking Delays Cross the Line: Legal Rights Around Held Checks
    When Banking Delays Cross the Line: Legal Rights Around Held Checks
    EU to relent on combustion engines ban after auto industry pressure
    EU to relent on combustion engines ban after auto industry pressure
    Dollar on defensive as traders eye delayed US jobs data
    Dollar on defensive as traders eye delayed US jobs data
    US suspends technology deal with Britain, FT reports
    US suspends technology deal with Britain, FT reports
    QuantumDiamonds announces 152 million euros investment plan for new Munich site
    QuantumDiamonds announces 152 million euros investment plan for new Munich site
    British regulator kicks off consultation on new crypto rules
    British regulator kicks off consultation on new crypto rules
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Europe to launch international commission for Ukraine war damages
    Europe to launch international commission for Ukraine war damages
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Uniper to launch sale of 20% stake in Opal gas pipeline

    Uniper to launch sale of 20% stake in Opal gas pipeline

    Trading Day: Payrolls, Fed jitters mount

    Trading Day: Payrolls, Fed jitters mount

    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate

    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate

    Britain clinches upgraded South Korea trade deal

    Britain clinches upgraded South Korea trade deal

    Trump says lawsuit against BBC likely to be filed soon

    Trump says lawsuit against BBC likely to be filed soon

    Tesla shares jump as Musk confirms driverless robotaxi testing

    Tesla shares jump as Musk confirms driverless robotaxi testing

    Italy's competition authority drops probe into Eni's Plenitude unit

    Italy's competition authority drops probe into Eni's Plenitude unit

    Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous'

    Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous'

    Italian firms using AI double in a year but still small minority

    Italian firms using AI double in a year but still small minority

    Juventus shares soar 19% after Agnelli family rejects crypto firm Tether's bid

    Juventus shares soar 19% after Agnelli family rejects crypto firm Tether's bid

    London stocks climb as BoE rate cut looms

    London stocks climb as BoE rate cut looms

    Exclusive-U.S. Treasury rejects Xtellus-led bid for Lukoil assets, sources say

    Exclusive-U.S. Treasury rejects Xtellus-led bid for Lukoil assets, sources say

    View All Finance Posts
    Previous Finance PostAmazon tells EU court French book delivery fee is protectionist
    Next Finance PostBP to close low-carbon mobility unit, returning focus to oil and gas, FT reports