Topic: The impact of Russian and Ukrain war on world economy - page 13. (Read 11386 times)

Dangerous to the EU? It would be catastrophic to the whole world. Was WW2 dangerous to only one party? See how affected the world is when it's just Russia and Ukraine directly fighting, now imagine how it would be when the countries of the world would literary be at each other's throats. Everybody is trying to avoid a third world war by any means necessary.

Russia is heavily affected by the sanctions. The fact that you don't know shows how good they are at covering it. Remember during WW2 the Germans at home actually thought they were winning the war.

In order for peace to come between Ukraine and Russia, Russia must first of all withdraw its occupying troops from the territory of Ukraine and stop the daily shelling of peaceful cities in Ukraine. After that, the Putin regime should be justly punished for war crimes in Ukraine (more than 70,000 such productions are registered in Ukraine), as well as pay reparations for the damage caused to Ukraine.

The first step to bring war criminals to justice has already been taken. The International Criminal Court (ICC) in The Hague has issued an arrest warrant for Russian President Vladimir Putin. In addition, a warrant was issued for the Commissioner for Children's Rights in Russia, Maria Lvova-Belova ..

Links:

https://www.icc-cpi.int/news/situation-ukraine-icc-judges-issue-arrest-warrants-against-vladimir-vladimirovich-putin-and

https://ru.euronews.com/2023/03/17/arrest-warrant-against-russian-president-vladimir-putin

https://www.dw.com/ru/mezdunarodnyj-ugolovnyj-sud-vydal-order-na-arest-putina/a-65029163

Russia is a major exporter of crude oil, natural gas, sunflower oil, wheat, potash fertilizer and thermal coal. The prices of all these commodities (with the exception of crude oil) have risen by 2x to 3x since the war began. Here in India, a 5 liter can of sunflower oil used to cost ₹600. Now it costs anywhere from ₹1,000 to ₹1,200. Wheat prices have almost doubled since the last 12 months. Price of natural gas increased by 6 times since 2020. Coal prices are up by almost 100%. The same can be said about Potash fertilizer as well.

When there is a war, of course, it will have a global impact, the Russia and Ukraine war happened for more than a year and many things were directly affected, the factory where I work needed raw materials from Russia, and when there was a war, there was a disruption in raw materials which made it have to be imported from other countries others are more expensive.

Yes, of course because of Russia's military aggression on Ukraine which has never stopped so that world chaos also has an impact everywhere. I hope that the two countries will soon be at peace and there will be no more wars anywhere and the world economy will soon recover as before

Sanctions do not give the desired effect for a short period of time. In addition, sanctions against Russia after the full-scale invasion of Ukraine were introduced gradually and became effective after they were introduced against Russian energy carriers. Therefore, it is too early to draw conclusions. Although their effect can already be seen in the state of the Russian economy. But let's not rush. Let Russia stay with them for a few more years.

No one will make a deal with Russia to legitimize the seizure of the territory of Ukraine or part of it. The people of Ukraine and its leadership are determined to hit every invader who sets foot on the soil of Ukraine in the teeth, and in such a way that his head will fly off. The Russian offensive, which has been going on from the Donetsk direction for the second month, is gradually fizzling out. Meanwhile, the Armed Forces of Ukraine are exhausting the enemy's forces and at the same time preparing for a decisive counteroffensive, which should take place this spring. After that, the Russian defense will collapse along the entire front. Now very hard fighting is taking place near the city of Bakhmut, where the Russians have been unsuccessfully trying to capture it since last May, having lost more than 50,000 of their soldiers and many armored vehicles there.

It is now that Russia still has a large territory. Let's see what will happen to its territory after this war.

It would be wrong to say that its not affecting them because it is, (it is affecting us in EU too) but unfortunately not enough to make them stop invasion on Ukraine anytime soon. Problem is that an average Russian is used to be poor and his government opressing him so it will take much more of this for them to actually try to do something about it and remove Putin from power. Then again, if you loook at their history and inclicnation for dictators, they would probably find someone that woulnd't be much better to replace him.


There would be no winners in WW3 and that's the only reason why we haven't seen it so far because everyone is well aware of it.

Russian economy still stands and has been trading with countries like India, China, and BRICS nations and they will have enough money. And while they are gaining rich lands from Ukraine.

They have been telling that sanctions will crumble Russia but it's not true anymore, after a year of this conflict, the sanctions are not affecting them.
One option is to make a deal with Russia and accept that it's the end of it and Ukraine has to make peace and be neutral to resolve the geopolitical tension which is also the root cause of this war.

Escalating this war to WW3 will be much more dangerous to EU. They can make war with smaller countries but not Russia.

Thanks for shraing your thoughts, The impact of war on the global economy is a complex issue that can have far-reaching consequences. The effects of war can include increased government spending on defense, disrupted trade and commerce, and a reduction in foreign investment. The specific impacts on individual countries and regions will depend on a variety of factors, including the nature of the conflict, the level of international involvement, and the economic and political conditions of the affected countries. the current situation with Russia and Ukraine, the conflict has already had significant impacts on the global economy. As you mentioned, Russia is a major supplier of oil, and the disruption of oil supplies has had a ripple effect on other sectors of the economy.

Yes. it was also heavily impacted but If we pay attention to what is happening now, one of the main impacts is the imposition of economic sanctions on Russia where the international community has imposed economic sanctions on Russia in response to its actions in Ukraine.

It is undeniable that these Sanctions can have an impact on the Russian economy and its trade relations with other countries, which can have a ripple effect on the global economy. A war between Russia and Ukraine could have far-reaching effects on the world economy.

One more thing, the uncertainty of conflict resolution can also affect investor confidence and financial markets due to unresolved geopolitical tensions.

Oil prices are volatile at this point. Yesterday, at one point Brent crude dropped to $72 per barrel, although it recovered slightly to $75 later. When the Russo-Ukrainian war started in 24th February 2022, Brent crude was trading at $90 per barrel, which means that it has lost 20% of its value since then. And all this has happened despite increased demand from China. And there is no "trade disruption". Simply there is a transformation in trade routes. India and China have replaced the EU as preferred trading partners for Russia.

Sorry for interfering with your dialogue, but I can answer your question for you. Briefly about myself: I was born in the USSR, a citizen of Ukraine. I can tell the history of the USSR, with the facts about which it is customary in the USSR / Russia to be cowardly silent. By the way, the facts that I can voice, with your interest - you can check and verify their objectivity! I won’t even take the times of Tsarist Russia / Muscovy - there the sadism of the elites was an everyday entertainment, such as the murder of serfs by some sophisticated sadistic method ... For a start, you can read European historians of the 16-18 centuries, about Muscovy (this, by the way, is the real name of Russia)

I will add. From 2022/03 he served in the Territorial Defense of Kyiv. On the second day after the liberation, Irpin was there. I personally saw what the Russian world did there. There are a huge number of photographs, recordings from video cameras, surveillance cameras and security systems from Irpin and Bucha, Izyum, Mariupol, and many other cities of Ukraine destroyed and destroyed by Russians, you can search for yourself. I read the archives of World War II. Believe me - the sadism of the Russian "army" outdoes the German Nazi regime!

I'd say just keep that thoughts to yourself mate because it's just too clear that you're quite biased for what is happening in the world now just because you see that the Russia is invading the Ukraine and up until now, the war is still going on with almost no signs that it will stop sooner.

What brutality are you talking about? May I suggest to lay down your facts that proves what you're saying that Russia has a history of brutality since the beginning and that they are proud of it. I might not be from Russia or anywhere in the Europe but I suggest you get your facts straight and know what is the story behind why Russia invaded Ukraine.

Ukraine will not put up with Russia in the next few decades, that's for sure. After what atrocities the Russians did on the territory of Ukraine, they will not be forgiven for many generations. More than 70,000 war crimes of Russians have already been registered in the Prosecutor's Office of Ukraine. The Russians simply want to destroy Ukraine as a state and Ukrainians as a nation. Therefore, sanctions are being introduced in Ukraine against Russian legal entities and individuals for a period of fifty years.

It is very difficult to call what is happening now in Ukraine a war. A medieval horde has rolled into Ukraine, which robs, kills and rapes everything in its path. The Donetsk region, which the Russians allegedly came to liberate from the mythical Nazis, has turned into a scorched desert, where settlements are destroyed by 90-95 percent, and the population is either killed, or fled to other regions, or forcibly taken to remote regions of Russia. Throughout the winter, the Russians methodically fired cruise missiles at the cities of Ukraine, hoping to deprive the civilian population of electricity, heat and water. This is not forgiven and not forgotten ...

a war between Russia and Ukraine can greatly impact the world economy because both countries are important in the energy, trade and global geopolitical sectors.
Impact caused by the war between Russia and Ukraine:
1. Oil prices are rising
2. the instability of the currency
3. Trade disruption
4. geopolitical impact

The impression is that you justify the conduct of Russian wars of conquest in the 21st century. Yes, where Russia interferes in the affairs of other states, it artificially creates "independent republics" with its own influence and brings constant discord to the former calm regions of other states. So it was in Transnistria, Abkhazia, Donbass. Russia is accustomed to resolving issues with threats and violence. She got away with everything until she decided to unleash a full-scale war with Ukraine and seize its territory. This is where her arrogance and strength will end. It won't be long before the end of this summer.

It is also controversial that Russia has large reserves of oil and gas. It would be more correct to say that Russia controls the oil and gas of the oppressed peoples of Siberia, whom she also kept in subjection by force and threats. In recent years, Russia has demonstrated that it stands for the right to self-determination of certain territories and regions, however, on the territory of other states. In the near future, Russia will experience the same thing. Six regions of Russia have already held their referendums on independence and separation from Russia due to the fact that the regular army and other power structures of Russia have been defeated in Ukraine and the central government of Russia will no longer be able to suppress the unrest by force. Empires that rely on strength do not last long.

        It is possible that the state will remain intact, but here is the option with the federal republics with their centralization of administrative bodies in each quite expected potential scenario. Why am I writing about this? Already several times in the state. In the Duma of the heads of the regions, the senators vehemently opposed the fact that all the money, "producing" in the region, goes to Moscow, and you have to beg for handouts almost on your knees. Don't you think that this is a very significant reason that cannot be simply ignored?

as we currently feel, almost all countries feel the impact of the prolonged conflict between Russia and Ukraine. impacts on the world such as food crises, limited energy, and world inflation. this is felt not only on the continent of Europe, but also those of us who live in Asia feel that way. I hope that the two countries will make peace and the people's economy will grow well over time

Russian oligarchs who supports Putin are making billions. It is true that Russia is forced to sell discounted crude to India and China (and to Turkey as well). However, freight and insurance are being provided by ghost companies controlled by Russian oligarchs. The current price for Urals crude loading from Baltic ports stand at around $50 per barrel. By the time it reaches India, the price increases to $75 per barrel and the Indian refiners are left with a profit of $5 to $10 per barrel. So how the price increases from $50 to $75? Freight is around $15 per barrel, while insurance adds up to $10. And in majority of the cases, the providers are shadow companies based in the United Arab Emirates, under the control of Russian oligarchs.

The collapse of the world economy is a worst-case scenario that could have devastating consequences for people all over the world.
However, it is important to note that the global economy is complex and resilient, and has weathered many crises in the past.
That being said, It is also important for individuals to take steps to protect themselves financially during uncertain economic times, such as by diversifying their investments, saving for emergencies, and reducing debt.