An oligarch who predicted that Russia may run out of money next year is surprised the economy has held up so far

• Oligarch Oleg Deripaska told the FT he was surprised at Russia's economic resilience.
• Deripaska had said in March that sanctions-hit Russia may run out of money next year.
• Deripaska, who is worth $2.3 billion, said demand from the global south is supporting Russia's economy.

Russia's economy appears to be chugging along 19 months into its war with Ukraine, baffling analysts and surprising at least one member of the Russian elite.

In an interview with the Financial Times published Monday, oligarch Oleg Deripaska seemed astonished by Russia's economic resilience.