Tycoon Deripaska casts doubt on Russia quest for 'victory' in Ukraine

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Tycoon Deripaska casts doubt on Russia quest for 'victory' in Ukraine
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Russian aluminium tycoon Oleg Deripaska suggested on Tuesday that no winner would emerge from Moscow's invasion of Ukraine and highlighted the economic price that Russia was paying for its actions.

Deripaska's comments to reporters in Moscow represented a rare public questioning of the Kremlin's rationale for the war by one of Russia's richest men. He was careful to avoid directly criticising President Vladimir Putin.

Rising levels of prosperity had been linked to the development of Russia's private sector and building ties with the rest of Europe as Russia's main economic partner, he said. Deripaska - himself under sanctions from the United States, Britain and the European Union - said, however, that he had underestimated how stable Russia's economy would prove to be."There is no potential for regime change in Russia. The opposition preferred beautiful European views and retreated from the life of the country," Deripaska said.

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