In a bold claim that’s sparking global chatter, Kirill Dmitriev, head of Russia’s sovereign wealth fund, revealed at a high-profile event in Riyadh that U.S. businesses have lost a staggering $300 billion since exiting Russia after the onset of military action in Ukraine. 💼🔥
Dmitriev emphasized the need for dialogue between Russian and U.S. officials to resolve the conflict, stating: \"The economic fallout impacts everyone. It’s time to prioritize diplomacy.\"
While experts debate the exact figures, the statement highlights the far-reaching ripple effects of geopolitical tensions on global markets. Many major U.S. brands halted operations in Russia last year, but few predicted losses on this scale. 📉
What’s next? With calls for talks growing louder, could this be a turning point for strained economic ties? Stay tuned as we track this developing story. 🌍✨
Reference(s):
Russia: U.S. businesses lost $300 bln since military action in Ukraine
cgtn.com