Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Russian aluminium billionaire Deripaska warns of long war in Ukraine

Russian aluminium billionaire Deripaska warns of long war in Ukraine

Russian aluminium tycoon Oleg Deripaska said on Sunday that U.S. President Joe Biden's speech in Warsaw indicated that some sort of "hellish ideological mobilisation" was underway that may usher in a long conflict in Ukraine.
Deripaska, the founder of Russian aluminium giant Rusal (RUAL.MM) who has previously called for peace, said his personal opinion was that the conflict in Ukraine was "madness" which would bring shame on generations to come.

Deripaska, who has been sanctioned by the United States and Britain, did not assign explicit blame for the conflict but said both the United States and Russia had sharpened their rhetoric.

Deripaska said he had hoped that the conflict could have ended weeks ago but that Biden's speech - in which the U.S. president spoke about a much broader conflict between democracy and autocracy - indicated it could last much longer.

"Now some sort of hellish ideological mobilisation is underway from all sides," Deripaska said on Telegram. "That's it: these people are preparing to fight for a few years more."

"It appears all sides are recklessly gearing for a long-term war that will have tragic consequences for the entire world."

The United States in 2018 imposed sanctions on Deripaska and other influential Russians because it said they were profiting from a Russian state engaged in "malign activities" around the world.

The sanctions, an attempt to punish Moscow for alleged meddling in the 2016 U.S. election, were "groundless, ridiculous and absurd", Deripaska said at the time.

Since the Feb. 24 invasion of Ukraine, Deripaska has been sanctioned by Britain for his alleged ties to President Vladimir Putin. He has said it will be for the courts to decide the fate of the sanctions.

Putin has said Russia's "special military operation" in Ukraine was necessary because the United States was using the country to threaten Russia and Moscow had to defend against the persecution of Russian speakers by Ukraine. Ukraine has dismissed the claims of persecution as a baseless pretext for invading.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
Italy Faces Population Decline Amid Youth Emigration
Trump Accuses China of Violating Trade Agreement
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Russia Accuses Serbia of Supplying Arms to Ukraine
Gerry Adams Wins Libel Case Against BBC
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
EU Majority Demands Hungary Reverse Anti-LGBTQ+ Laws
Top Hotel Picks for 2025 Stays in Budapest Revealed
Iron Maiden Unveils 2025 Tour Setlist in Budapest
Chinese Film Week Opens in Budapest to Promote Cultural Exchange
Budapest Airport Launches Direct Flights to Shymkent
Von der Leyen Denies Urging EU Officials to Skip Budapest Pride
Alcaraz and Sinner Advance with Convincing Wins at Roland Garros
EU Ministers Lack Consensus on Sanctioning Hungary Over Rule of Law
EU Nations Urge Action Against Hungary's Pride Parade Ban
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
U.S. Considers Withdrawing Troops from Europe
Russia Deploys Motorbike Squads in Ukraine Conflict
Critics Accuse European Court of Human Rights of Overreach
Spain Proposes 100% Tax on Non-EU Holiday Home Purchases
German Intelligence Labels AfD as Far-Right Extremist
Geert Wilders Threatens Dutch Coalition Over Migration Policy
Hungary Faces Multiple Challenges Amid EU Tensions and Political Shifts
Denmark Increases Retirement Age to 70, Setting a European Precedent
Any trade deal with US must be based on respect not threats', says EU commissioner
UK Leads in Remote Work Adoption, Averaging 1.8 Days a Week
Thirteen Killed in Russian Attacks Across Ukraine
High-Profile Incidents and Political Developments Dominate Global News
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Ukraine and Russia Conduct Largest Prisoner Exchange of the War
×