Published 1 year ago

Oligarch Warns Russia May Run Out of Money in 2024

Summary by Bloomberg

Billionaire Oleg Deripaska said Russia could find its coffers empty already next year and needs investment from “friendly” countries to break the hold of sanctions on the economy, Bloomberg reports.

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The Guardian

Russia could run out of money next year, says oligarch Oleg Deripaska

Western sanctions are causing serious pressure, with budget deficit forecast to jump

1 year ago·London, United Kingdom

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Daily Express

Putin could be out of cash within months, says oligarch

Russia is running out of cash as Vladimir Putin's war on Ukraine continues to take a huge hit on the country's economy, according to a Kremlin ally.

1 year ago·United Kingdom

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Hindustan Times

Moscow will run out of money by…: Russian oligarch Deripaska amid Ukraine war

Russia-Ukraine War: Oleg Deripaska said that funds have been running low and “that’s why they’ve (Russian government) already begun to shake us down”.

1 year ago·New Delhi, India

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CNN

Russia may run out of money in 2024, says oligarch

Russia could find itself with no money as soon as next year and needs foreign investment, outspoken Russian oligarch Oleg Deripaska has said.

1 year ago·Atlanta, United States

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KRDO

Russia may run out of money in 2024, says oligarch

By Olesya Dmitracova, CNN Russia could find itself with no money as soon as next year and needs foreign investment, outspoken Russian oligarch Oleg Deripaska has said. “There will be no money already next year, we need foreign investors,” he said at an economic conference in Siberia Thursday, according to comments reported by TASS, a Russian state-owned news agency. The remarks from the billionaire — who called for an end to Moscow’s war in Ukra…

1 year ago·Colorado Springs, United States

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