Several Russian billionaires are expressing doubt about the Kremlin's optimism regarding the country's economic growth prospects under President Donald Trump.
These tycoons, who were interviewed by Bloomberg News, believe that the ongoing conflict in Ukraine has significantly impacted the economic landscape, making it increasingly difficult to achieve long-term growth targets.
While they do not anticipate an immediate economic collapse that would force President Putin to withdraw from Ukraine, the billionaires are skeptical that sanctions will be lifted in the near future.
Their concerns reflect a broader sentiment that the continuation of the war will hinder any potential economic recovery, despite Trump's commitment to resolving the conflict quickly.