The Russia-Ukraine Crisis: How Regional Conflicts Impact the Global EconomyHensel, NayantaraPRISM Security Studies Journal
President Biden is set to unveil new sanctions on Russia after Vladimir Putin recognized the independence of two separatist regions in Ukraine. Oil and gas prices are already soaring on fears a full-scale invasion could happen at any tie. Max Seddon, Mos
Recession risks are even greater in Europe because region’s economic integration with Ukraine and Russia and greater exposure to surging international gas prices will magnify the size of the supply shock. Even before the invasion of Ukraine, the Fed and other central banks were...
Russia’s economic future was supposedly golden in 2001 when the BRIC acronym was invented. But the reality has been one of exploitation by an elite, rather than increased wealth for the country as a whole. Particularly after the expulsion of Hermitage C
The most immediate economic impact of the crisis has been a sharp rise in commodity prices, the report said. It stressed that Russia and Ukraine are both key suppliers of essential goods, such as food, energy and fertilizers. Grain shipments through Black Sea ports have already been halted, ...
The Russia–Ukraine War is impacting global food systems, which may trigger global cropland expansion and consequently lead to biodiversity loss far from war zones. To quantify such impacts on biodiversity, we simulated the global cropland expansion prov
CGTN's Global Watch talked to Russian political and defense analyst Pavel Felgenhauer in Moscow. He said that the fighting will continue for a while given that "the two sides are increasingly balanced on the ground."RELATED STORIES Expert: Russia-Ukraine conflict edges closer to...
On the ground, Russia will try to take Kramatorsk and Slovyansk, which would effectively give it the whole of the Donbas region. At sea, the Ukrainians will try to make the most of the pressure they can put on Crimea through their increasing success in the western part of the Black ...
The invasion has reinforced the determination of the NATO alliance, instead of splintering it as Putin intended, and convinced Sweden and Finland to finally begin the formal process ofjoining NATO. The push comes asRussia’s assault on Ukrainehas raised fears for other countries in the region. ...
Sikorski added that Russia had already spent around half of its reserve budget. "If you put your economy on a crisis or war footing, your GDP rises because you are producing more shells and tanks and all the things that are going to get destroyed, but you're also wasting the resources ...