In a recent statement made in Riyadh, Kirill Dmitriev, the head of Russia's sovereign wealth fund, revealed that U.S. businesses have pulled out a staggering $300 billion from Russia since the onset of military action in Ukraine. 💸
This massive withdrawal highlights the significant economic impact of the ongoing conflict, affecting not just the businesses involved but also the global economy.
Dmitriev emphasized the critical need for talks between Russian and U.S. officials to find a pathway to end the conflict. 🤝 He believes that diplomatic efforts are essential to stabilize the region and mitigate further economic losses.
The situation underscores the intertwined nature of politics and business, showing how geopolitical events can have far-reaching effects on international markets and investments.
Reference(s):
Russia: U.S. businesses lost $300 bln since military action in Ukraine
cgtn.com
