The impact of Russian and Ukrain war on world economy

[Sithara007]

The importance of Afghanistan can be seen from the fact that USA has not forgotten it. Very recently they did a drone attack killing Ayman al-Zawahiri and the air strike was done using air route that passes via Pakistan. USA has complete control over this region via Pakistan and Afghanistan until Taliban took complete control of Kabul.
The last Prime minister of Pakistan did show eyes to USA and other western countries and was quickly removed from power using Pakistan army. Afghanistan is important as it allow USA to sit on borders of China and keep a close eye on Russia also.  

Afghanistan is a country, which has a lot strategic significance. But at the same time, for foreign powers it is extremely costly to conquer and hold that country, in terms of manpower and finances. This country doesn't have any significant natural resources, so the occupation can't pay on its own. The USSR learnt the lesson in a very hard way and decided to pull out of Afghanistan in 1989 after 10 years of occupation. The Americans did the same in 2021. And this was after spending trillions of USD in tax payer funds.

[DrBeer]

No matter how it sounds now, it’s somewhat cynical, but the terrorist war unleashed by Russia against Ukraine, and with elements of a terrorist-economic war against the EU, will give excellent results:
- The world will finally see what a terrible bastard they have created in the form of terrorist Russia. They will feel it "on their own skin", because previously they played either fools or infantiles, hoping that trouble would bypass them.
- The world stops any interaction with a terrorist country, a murderer country, a cowardly liar country.
- The EU economy will never again depend on the resources of a terrorist country
- Sanctions will at least lead to the degradation of the Russian economy to the level of the 19th century, the population degraded Putin himself and very successfully At best, Russia as an integral state will cease to exist and fall apart into many independent, free states.

How Russia is retaliating against other countries, tells us that sanctions are working. The US and EU countries shouldn't let their guard down by tightening sanctions as much as possible (not lift them). With mounting pressure against Russia, it should only be a matter of time before Putin admits defeat and everything goes back to normal in Ukraine and the rest of the world. The longer Ukraine resists Russian forces, the faster Russia's army will fall (due to lack of supplies, soldiers, etc).

I just hope we see the light at the end of the tunnel soon for the good of the global economy. Both crypto and stocks have been severely affected because of the deteriorating global economy. Unless this mess goes away, we can't expect to see prices rise anytime soon. Just my thoughts

In fact, the world has already passed the critical point!
- In the EU, although there are tense expectations of winter, the preparation of stocks is in excellent shape! Already more than 80% of the filling of gas storages, from the last year's volume, and the filling is ahead of schedule, in comparison with the last 5 years. Moreover, the volume does not take into account the 15% reduction in gas consumption in the EU, i.e. taking into account this program - the filling is approaching 100%.
- The price of oil is falling, and will soon pull the price of gas along with it.
- Alternative gas supplies, in 2023-2024 will forever close the European market for the country of the world terrorist
- The food crisis turned out to be not as terrible as Russian propaganda and those who barked at it

The prospects of Russia's military defeat are becoming a reality, which will lead to the destruction of the center of international terrorism, and a long period of calm. For those who doubt the fact that it was the USSR / Russia that was the "head" of international terrorism, just pick up the story, and check 2 facts on the timeline:
- when the ussr/russia starts violating the agreements and starts behaving inappropriately, they begin to beat them on the hands and put them in their place. At this moment, unexpectedly in the countries "interfering" with the USSR / Russia to engage in crimes, terrorist attacks begin.
- when the USSR / Russia finds itself in a very difficult situation (usually financial) - the level of terrorism in the world drops sharply.
Just 2 facts, there is no correlation with other countries!

[Sithara007]

It is surprising how quickly the Russian army formations are disintegrating all over Ukraine. During the last 5-6 days, they have lost close to 9,000 sq.km in Kharkov, 500 sq.km in Kherson and major cities in Donbass such as Sviatohirsk. Lyman is being attacked right now and we may see the Ukrainian flag there within the next few days.

I am expecting that they will withdraw from Kherson and Zaporizhia in the coming days. There is going to be mass migration of ethnic Russians and Russian-speaking Ukrainians towards mainland Russia. Already being reported from ceded portions of the Kharkov Oblast:

https://twitter.com/Suriyakmaps/status/1569000056262430720

This is the biggest military defeat suffered by Russia since the second world war.

[bakasabo]

Think about following. Now Ukraine is fighting with Russia on their their territory. What are their primary goal - to force occupants leave their territory? Or to win in this war? What if Ukraine, with help of other countries, start a counter attack? Such scenario is very likely. If that happens, expect gas and oil prices to skyrocket, and current growth will be nothing. Then world economy will be in danger.

[be.open]

This is the biggest military defeat suffered by Russia since the second world war.

Don't be dramatic. According to information from sources close to reliable, about 1,500 soldiers controlled this entire vast territory in the Kharkov region from Russia and the LDNR. Most of which retreated in an organized manner across the Northern Donets River in order to avoid the threat of encirclement.

[Sithara007]

This is the biggest military defeat suffered by Russia since the second world war.

Don't be dramatic. According to information from sources close to reliable, about 1,500 soldiers controlled this entire vast territory in the Kharkov region from Russia and the LDNR. Most of which retreated in an organized manner across the Northern Donets River in order to avoid the threat of encirclement.

I am not so sure about all this. Izyum was a major battlefront many months back and it was captured by the Russians after weeks of bloody fight. Same with Kupiansk as well. And these two towns were strategically located as supply routes. Surrendering them to Ukraine in a matter of days was surprising to say the least. And the Ukrainians are now claiming that they outnumber the Russians by a ratio of 8 to 1 in Kharkov front. Where did all the soldiers vanished? They are not making gains anywhere else. Donbass front has been stagnant for many weeks and in Kherson they are on the backfoot.

[be.open]

This is the biggest military defeat suffered by Russia since the second world war.

Don't be dramatic. According to information from sources close to reliable, about 1,500 soldiers controlled this entire vast territory in the Kharkov region from Russia and the LDNR. Most of which retreated in an organized manner across the Northern Donets River in order to avoid the threat of encirclement.

I am not so sure about all this. Izyum was a major battlefront many months back and it was captured by the Russians after weeks of bloody fight. Same with Kupiansk as well. And these two towns were strategically located as supply routes. Surrendering them to Ukraine in a matter of days was surprising to say the least. And the Ukrainians are now claiming that they outnumber the Russians by a ratio of 8 to 1 in Kharkov front. Where did all the soldiers vanished? They are not making gains anywhere else. Donbass front has been stagnant for many weeks and in Kherson they are on the backfoot.

This whole operation is taking place under the sign of an acute shortage of personnel on the part of Russia. Putin refused to call for mobilization (and still refuses) and also refused to carry out mass bombing to minimize civilian casualties. Both of these decisions separately are correct, but taken together at the same time, in my opinion, are a mistake. Let's see how events will develop, Russia does not plan to abandon the originally declared goals of the operation.

[stompix]

It is surprising how quickly the Russian army formations are disintegrating all over Ukraine.

Oh really?
Surprising to who?
To the guys that were posting things like:

LOL.. I think you are still living in the 19th century. Dude, that era is long gone, when Europeans could do whatever they wanted. Most of the European countries don't even have a proper army nowadays and are entirely dependent on the United States for their defense deals. Within a few weeks, all these media hype about heroic Ukrainian defense will fall apart and Putin will walk away with half of Ukraine. Europeans will be left with another 10 million economic migrants from Ukraine, which will add further strain to the budget (that is already under pressure from the raising gas and oil prices).

In a few weeks, Putin will walk away with half of Ukraine...lol.
I will not quote your other failed predictions, not the 300 per oil barrel, not the 5000$ per whatever you measure gas future in, not the fact that Europe was supposed to freeze to death, not the fact that Europe has no gas while the deposits keep on filling even without ns2 and ns1 shut down, not the fact that Europe managed to get a 0.8% growth and Russia despite cashing in record money from gas went down by 4%...
Ups, wtf, did I actually mention all of them?

How about you have a full enlightenment moment and you start realizing that the truth is not what Russian and starving Iranian with 7$ a month food tickets propaganda want you to believe? This was the Ukraine army with a bit of help from Nato, no fighter planes, no helis, no MBT, no full range missile and ammunition, just 16 Himars (destroyed 100 times), while the US has ...about thousands of them.

Remember, the USSR went with the same tactic, it disintegrated, the EU was supposed to die twice in 2009 and 2013, but well, it didn't.
Use your head, not stupid shit vomited by people who have never set foot in Europe.

Most of which retreated in an organized manner across the Northern Donets River in order to avoid the threat of encirclement.

When you leave a full battery of Msta, again a full intact battery, 5 T-72 B3  parked one after the other in intact condition, when your propagandist post hundred of videos of how you're rushing in reinforcements to the front, lol, airlifting, again lol, BTR-D to send the to the front, when on TV your propagandist talked about columns of hundreds of vehicles reinforcing the front to crush the nazis, now...it was a retreat?
Lol!~

[coupable]

Think about following. Now Ukraine is fighting with Russia on their their territory. What are their primary goal - to force occupants leave their territory? Or to win in this war? What if Ukraine, with help of other countries, start a counter attack? Such scenario is very likely. If that happens, expect gas and oil prices to skyrocket, and current growth will be nothing. Then world economy will be in danger.

Russia wants to make this war a long-term journey. Russia's goal in the war is not to occupy the largest possible area of Ukrainian territory, nor to annex Ukraine to it in the literal sense.
Ukraine is nothing but a battlefield between Russia and the West, and each of them wants to limit the role of the other side and limit its influence.
Russia's hit-and-run policy is not absurd considering what the Russian Defense Ministry announced a few days ago that Russia has used only a small part of its military power.

[Pierre 2]

I think it mainly caused crisis in Europe geographically. Türkiye and China who are other gas buyers from Russia are totally unaffected with the war. So its hard to say it caused global crisis. Europe made a mistake building its all industries with considering cheap gas from Russia. Russia as a state was and still is aggressor in every region they involved.
I also think people will realize how important nuclear energy is. If you don't own any natural resources nuclear is #1 energy source still.

[jesselui]

Inflation was already high in the world, when the war was added to it, especially food inflation increased. The amount of increase in products such as wheat and sunflower is quite high. Especially most of the wheat came from Ukraine. Moreover, I noticed that in the war environment, bitcoin turned red.

[Sithara007]

I think it mainly caused crisis in Europe geographically. Türkiye and China who are other gas buyers from Russia are totally unaffected with the war. So its hard to say it caused global crisis. Europe made a mistake building its all industries with considering cheap gas from Russia. Russia as a state was and still is aggressor in every region they involved.
I also think people will realize how important nuclear energy is. If you don't own any natural resources nuclear is #1 energy source still.

I am saying this for quite some time. Nuclear energy is the solution to energy crisis in the world. It is the cleanest, cheapest and safest form of energy available.

Now we need to remember that Kazakhstan produces around 50% of the global output of Uranium. If nuclear energy gains dominance in the future, then Kazakhstan will find itself in a tricky situation and it will attract attention from the global powers. Already there is some sort of proxy war between Russia and Turkey going on in this country. Kazakhstan used to be aligned with Russia, but in recent times they have shifted their loyalties towards Turkey.

[blue_hurricanger]

I think it mainly caused crisis in Europe geographically. Türkiye and China who are other gas buyers from Russia are totally unaffected with the war. So its hard to say it caused global crisis. Europe made a mistake building its all industries with considering cheap gas from Russia. Russia as a state was and still is aggressor in every region they involved.
I also think people will realize how important nuclear energy is. If you don't own any natural resources nuclear is #1 energy source still.

I am saying this for quite some time. Nuclear energy is the solution to energy crisis in the world. It is the cleanest, cheapest and safest form of energy available.

Now we need to remember that Kazakhstan produces around 50% of the global output of Uranium. If nuclear energy gains dominance in the future, then Kazakhstan will find itself in a tricky situation and it will attract attention from the global powers. Already there is some sort of proxy war between Russia and Turkey going on in this country. Kazakhstan used to be aligned with Russia, but in recent times they have shifted their loyalties towards Turkey.

Agree. Only nuclear energy can help countries independent from the control of oil cartels. Widely available nuclear energy help developing countries move forward to the heavy industry phase. I saw you have the same preaching about nuclear energy as me, maybe we should open a club to shill for nuclear energy in bitcointalk.

Yes, Kazakhstan takes the share of 50% Uranium in the global export right now. If more countries switch to nuclear energy, I say Uranium production will be more attractive and countries will scale up their production too.

Uranium reserves around the world stood at more than 6 million tonnes (2019) while total Uranium production in 2021 is around 48,000 tonnes. There might be more Uranium reserves around cold countries unexplored due to permafrost (specifically: Canada, Greenland, Siberia and Antarctica). There is also Thorium that have the potential to replace Uranium in the future as a nuclear fuel and Thorium is 3 times more abundant compared to Uranium. In case anyone wonders how many Uranium we have left and what if it runs out.

source:
https://world-nuclear.org/information-library/nuclear-fuel-cycle/mining-of-uranium/world-uranium-mining-production.aspx
https://world-nuclear.org/information-library/nuclear-fuel-cycle/uranium-resources/supply-of-uranium.aspx

[Sithara007]

^^^ Kazakhstan maybe the top producer of Uranium, but most of that Uranium is being enriched in facilities inside Russia. So there is a dependency on Russia. And it will be interesting if Kazakhstan decide to stop sending the ore to Russia, in order to convert it to nuclear fuel. Not many countries are having Uranium enrichment capability. In case Kazakhstan opt Japan or United States instead of Russia, then the latter will find itself in trouble. Because Rosatom has long-term contracts for supply of nuclear fuel with a large number of countries around the world.

[blue_hurricanger]

^^^ Kazakhstan maybe the top producer of Uranium, but most of that Uranium is being enriched in facilities inside Russia. So there is a dependency on Russia. And it will be interesting if Kazakhstan decide to stop sending the ore to Russia, in order to convert it to nuclear fuel. Not many countries are having Uranium enrichment capability. In case Kazakhstan opt Japan or United States instead of Russia, then the latter will find itself in trouble. Because Rosatom has long-term contracts for supply of nuclear fuel with a large number of countries around the world.

Yep, Russia isn't just Uranium enrichment processes but also enrichment of used nuclear fuel and nuclear waste disposal. Russia is the key player here where contracts usually allow Russia to reprocess uranium and take care of the nuclear fuel, becoming a place to store nuclear wastes. I can't really think of a vision where nuclear energy become widely available without Russia in its supply chain to keep the cost down. At least for 10-20 years till countries start to ramp up their enrichment plant and nuclear waste disposal capability, slowly less dependent on Russia.

Sound a bit discouraged and some might think we are just trading one overlord for another if switching to nuclear energy. But as you say, it's still much cheaper than fossil fuel and nuclear fuel could be stored ahead. The down payment cost to open up a new nuclear energy plant for electricity and time till it reaches its full capacity might be discouraged but in the long term, totally worth it. Look at France right now, 70% of electricity production comes from nuclear energy, and sells excess electricity to its neighborhoods.

[Sithara007]

^^^ Russia is in a tricky situation with Turkic nations such as Azerbaijan and Kazakhstan. Rather than the threat from NATO, they should take the threat from Turkey more seriously. The focus is entirely on NATO encroachment to the west, while Turkey is silently encroaching into "Russian sphere of influence" in the South and Central former USSR. Russia has been forced to end its involvement in Armenia-Karabakh region. Now they are watching as silent spectators, while Azeri troops backed by Turkey are butchering Armenians in Karabakh. Yesterday alone the Armenians lost tens of sq.km of territory and dozens of soldiers. Kazakhstan has avoided a direct confrontation like Azerbaijan, partly because around 25% of the population is ethnic Russian. But I am expecting them to start provocations very soon.

[pooya87]

^^^ Russia is in a tricky situation with Turkic nations such as Azerbaijan and Kazakhstan. Rather than the threat from NATO, they should take the threat from Turkey more seriously.

Nah, Turkey can not afford to be a threat to Russia because they heavily rely on their energy and their economy is already in ruins and any new tensions (like a single loitering munition hitting an infrastructure in Turkey) would have dire economical consequences.

Those micro countries like Azerbaijan are not even considered big enough to be a threat. A handful of missiles are enough to neutralize each of them.
It's just that these countries have stupid politicians who are being abused by bigger powers and they think that they can gain some interest while everyone else is too buys to look at what they are doing. For example Baku is trying to take the area linking it to Nakhchivan but they won't be allowed to finish this ever simply because it is a very strategically important corridor that acts as one of Russia's main lifelines not to mention an important corridor to Iran since it is one of the routes used to link Iran to both Russia and Europe.

The misinformation Baku got was that the UNSC would busy Iran too much to distract it from their adventures. What they didn't count on was our military moving to the borders and the trigger fingers itching to take back Nakhchivan and possibly Azerbaijan (originally Aran) and reattach them to the motherland...

[Kadal Ijo]

Many people say that the economic recession that is happening today is the effect of the Russian vs Ukraine War, war is indeed a serious problem for the economy, there will be many problems, especially supply from war, Russia has large oil and gas reserves and most consumers are European countries so that when there is a war, Russia has more power.

[Spontaneous]

   Between Russian and Ukraine war more damage's , more people suffering, and it's a big impact of economy. More supply that has been temporarily in scarcity it's sad to hear that more child crying while they on war.

[Webetcoins]

I am not so sure about all this. Izyum was a major battlefront many months back and it was captured by the Russians after weeks of bloody fight. Same with Kupiansk as well. And these two towns were strategically located as supply routes. Surrendering them to Ukraine in a matter of days was surprising to say the least. And the Ukrainians are now claiming that they outnumber the Russians by a ratio of 8 to 1 in Kharkov front. Where did all the soldiers vanished? They are not making gains anywhere else. Donbass front has been stagnant for many weeks and in Kherson they are on the backfoot.

The deal is that from what I gather on all these news, Russia gave up because they couldn't get what they wanted. So, "maybe" they are just going back to original two land mass that they wanted to get and create a fake border, it would be Russian land and controlled by Putin but it is not really a Russian land as we all know because it is Ukrainian land.

So if they can't beat Ukraine in everywhere, why not just pull all the troops back to where it was and that way you would be able to just focus on getting back to lands that you wanted to take. I am not saying that is what happened, all I am saying is that it wouldn't be impossible for such an idea to rise and maybe that's a better military tactic?