ECONOMIC IMPACTS OF PUTINS AGGRESSION AGAINST UKRAINE

The Russian attack on Ukraine surely has immense economic impact, but how deadly are these impacts on Russian economy

ECONOMIC IMPACTS OF PUTINS AGGRESSION AGAINST UKRAINE
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Economic impacts are sancrosacnt for Russia in its attacks against Ukraine.  But how measurable are these impacts on Russia, during and after the attack.

Russia’s stock market dropped at a record-breaking pace and the rouble plunged hours after Moscow launched a full-scale invasion of neighbouring Ukraine.

Oil prices rose to more than $103 per barrel as the conflict in Ukraine means more potential for sanctions that will cut Russia’s energy and resources out of global supply chains, causing price shocks.

The Russian markets today reads: Ruble at record low,. Moex index down 45 per cent, Gazprom down 48 per cent, Lukoil and Novatek both down more than 40 per cent, Bond prices collapse


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