What is Russia's sovereign wealth fund, Putin's 'slush fund', and why does Trump want to lift US sanctions? Explained
New Delhi, Oct. 28 -- The Trump administration is considering lifting sanctions on Russia's multibillion-dollar sovereign wealth fund, the Russian Direct Investment Fund (RDIF), as Washington explores business deals with Moscow alongside efforts to end the war in Ukraine.
The move could mark a significant shift in US policy towards Russia, potentially easing economic pressure on the Kremlin while giving Moscow greater scope to pursue international investments and business partnerships.
The Russian Direct Investment Fund is a government-backed investment fund that has invested billions of dollars in Russian companies, often alongside investors from the Middle East and elsewhere. It has also sought to expand Russia's global influence thro...
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