The head of Russia's sovereign wealth fund, Kirill Dmitriev, declared Tuesday in Riyadh that U.S. businesses have suffered $300 billion in losses since exiting the Russian market following the start of military action in Ukraine. The remarks highlight escalating economic tensions between global powers amid ongoing geopolitical strife.
'These losses reflect the interconnected nature of global markets,' Dmitriev stated, while emphasizing the urgency of diplomatic talks between Russian and U.S. officials to resolve the conflict. Analysts suggest the figure underscores broader risks for multinational corporations navigating volatile political landscapes.
The claim comes as global businesses increasingly face pressure to align operations with geopolitical realities—raising questions about long-term supply chain stability and international trade frameworks.
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Russia: U.S. businesses lost $300 bln since military action in Ukraine
cgtn.com
