The Russia invasion of Ukraine has caused more harm than good to Russia, Ukraine and the entire world. Yes Ukraine is the worst hit because of the unimaginable lose of life and property and the total dehumanization of the country. But I am sure everything will be alright.
Russia started this invasion with the view that it would last just few weeks but it is now clear that except peace process is fast tracked this war might last for years. Russia has lost it's best military personnel in this war and it is facing an unusual economic challenge due to sanctions. Russia also thought that invading Russia would scare other nations from joining NATO. But they got it all wrong.
This invasion has proved to the world that peace is priceless and terror is senseless. Inflation and high price of commodities is now the other of the day. Hunger, starvation, cold or even death might soon start ravaging most nations that depends on Ukraine and Russia for food, power and oil and gas.
Topic: The effect of the 100 day war on Russia economically - page 2. (Read 247 times)
*The economic is shrinking from the inside but looking strong on the outside, according to some stats they can have excessive fall in their GDP (as high as 15%)
I cannot trust this numbers, and i do not know if it even matters too much, it looks like Russia are holding their own in the war amidst all the sanctions they have been hit with, but there is no way Russia are not suffering from the sanctions, the media over there may try their best to cover up the sufferings, but the truth is there, what bothers me is that it is the masses that are suffering in all this, and maybe Putin and his cabals do not care and they will continue with this war for a very long time, there lies the problem, the personal aggressor in the end is hardly affected.
*Government made the ruble stronger since most people are now paying for gas in it. This honestly is making the whole thing weird since they are going to loose a lot of foreign international traders but they are making their domestic market strong, or are they ? Is it just like a bubble that's going to go away any time.
*They have stocked up on goods at the moment but no one knows how long that will last, they would have to eventually give up on the war and import it. But for the time being they are certainly doing alright.
*Sanctions have affected the IT business undoubtedly, they have been having trouble with other businesses as well which are more international.
*The economic is shrinking from the inside but looking strong on the outside, according to some stats they can have excessive fall in their GDP (as high as 15%)
*They have stocked up on goods at the moment but no one knows how long that will last, they would have to eventually give up on the war and import it. But for the time being they are certainly doing alright.
*Sanctions have affected the IT business undoubtedly, they have been having trouble with other businesses as well which are more international.
*The economic is shrinking from the inside but looking strong on the outside, according to some stats they can have excessive fall in their GDP (as high as 15%)
As it is, Ukraine is not just the only victim of the war even though they are the worst hit; Russia are also licking their wounds. As a result of the war, news outlets where one can read, watch or listen to news no longer have independence to be aired as they have been either blocked or shutdown.
Hundreds of companies have pulled out of Russia in protest as a result of the invasion in Ukraine.
Russia meanwhile believe that this attack is not a war; rather a necessary operation designed to fight Nazis, Ultra nationalists and bring about peace and liberation ( what a funny way to go about it, if you ask me).
Although the Russian economy has not collapsed under the onslaught of sanctions, but the world's largest country is now unable to import many of the goods it once did including high-tech semi conductors.
The EU's oil embargo alone is expected to cost Moscow billions of dollars in lost export revenue. Do they have a backup plan or is this economic suicide?? https://www.bbc.com/news/live/world-europe-61656289
Hundreds of companies have pulled out of Russia in protest as a result of the invasion in Ukraine.
Russia meanwhile believe that this attack is not a war; rather a necessary operation designed to fight Nazis, Ultra nationalists and bring about peace and liberation ( what a funny way to go about it, if you ask me).
Although the Russian economy has not collapsed under the onslaught of sanctions, but the world's largest country is now unable to import many of the goods it once did including high-tech semi conductors.
The EU's oil embargo alone is expected to cost Moscow billions of dollars in lost export revenue. Do they have a backup plan or is this economic suicide?? https://www.bbc.com/news/live/world-europe-61656289
Russia is not the only country that is affected by the sanction. It is true they are not earning from their trade export goods but Russian people are also not suffering from food shortages like EU and African countries did. Cooking oil become a delicacy in some European countries. African and some middle eastern country is having a hard time with food shortages due to a lack of wheat supply.
Everything is getting harder for the rest of the world and it seems to sanction Russia is like the west putting fire on their own house instead of their enemies.
As it is, Ukraine is not just the only victim of the war even though they are the worst hit; Russia are also licking their wounds. As a result of the war, news outlets where one can read, watch or listen to news no longer have independence to be aired as they have been either blocked or shutdown.
Hundreds of companies have pulled out of Russia in protest as a result of the invasion in Ukraine.
Russia meanwhile believe that this attack is not a war; rather a necessary operation designed to fight Nazis, Ultra nationalists and bring about peace and liberation ( what a funny way to go about it, if you ask me).
Although the Russian economy has not collapsed under the onslaught of sanctions, but the world's largest country is now unable to import many of the goods it once did including high-tech semi conductors.
The EU's oil embargo alone is expected to cost Moscow billions of dollars in lost export revenue. Do they have a backup plan or is this economic suicide?? https://www.bbc.com/news/live/world-europe-61656289
Hundreds of companies have pulled out of Russia in protest as a result of the invasion in Ukraine.
Russia meanwhile believe that this attack is not a war; rather a necessary operation designed to fight Nazis, Ultra nationalists and bring about peace and liberation ( what a funny way to go about it, if you ask me).
Although the Russian economy has not collapsed under the onslaught of sanctions, but the world's largest country is now unable to import many of the goods it once did including high-tech semi conductors.
The EU's oil embargo alone is expected to cost Moscow billions of dollars in lost export revenue. Do they have a backup plan or is this economic suicide?? https://www.bbc.com/news/live/world-europe-61656289
We are currently only 3 months into this war of aggression waged by Russia - which only happened because Putin fears getting overthrown like the last Russia-sponsored tsar of Ukraine. He is also trying to carve out an extra bit of his legacy, since Russia has stood still in the 20+ years of his rule and been gutted by the corruption his system of government breeds. Besides oil and gas, which are simply extracting resources from the earth, there is very little productive coming from that country unfortunately - it is full of people who have the potential of any other country, but they are handicapped by the criminality that runs from the very top of government. Oil and gas can keep it sustained in the short term, but since those energy resources have been weaponized and used to threaten Europe, it is seen as an unreliable source which needs cutting off - this will take time but that revenue source will drop as other countries step in to buy it at much lower prices. Only recently have western companies decided to pull out entirely, most had suspended operations and still paid staff, that is starting to end and hundreds of thousands, if not millions, of jobs are going to evaporate.
As it is, Ukraine is not just the only victim of the war even though they are the worst hit; Russia are also licking their wounds. As a result of the war, news outlets where one can read, watch or listen to news no longer have independence to be aired as they have been either blocked or shutdown.
Hundreds of companies have pulled out of Russia in protest as a result of the invasion in Ukraine.
Russia meanwhile believe that this attack is not a war; rather a necessary operation designed to fight Nazis, Ultra nationalists and bring about peace and liberation ( what a funny way to go about it, if you ask me).
Although the Russian economy has not collapsed under the onslaught of sanctions, but the world's largest country is now unable to import many of the goods it once did including high-tech semi conductors.
The EU's oil embargo alone is expected to cost Moscow billions of dollars in lost export revenue. Do they have a backup plan or is this economic suicide?? https://www.bbc.com/news/live/world-europe-61656289
Hundreds of companies have pulled out of Russia in protest as a result of the invasion in Ukraine.
Russia meanwhile believe that this attack is not a war; rather a necessary operation designed to fight Nazis, Ultra nationalists and bring about peace and liberation ( what a funny way to go about it, if you ask me).
Although the Russian economy has not collapsed under the onslaught of sanctions, but the world's largest country is now unable to import many of the goods it once did including high-tech semi conductors.
The EU's oil embargo alone is expected to cost Moscow billions of dollars in lost export revenue. Do they have a backup plan or is this economic suicide?? https://www.bbc.com/news/live/world-europe-61656289
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