The impact of Russian and Ukrain war on world economy

[bittraffic]

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

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.

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.

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.

[Rikafip]

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.

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.

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

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.

[Argoo]

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.

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.

[abralzain17]

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

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 ...

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

[Bitcoin2009]

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.

[Sithara007]

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.

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.

[Ozero]

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

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

[Alpha Marine]

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.

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.

[DrBeer]

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.

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.

Are you really surprised? Those. you support the country of the world terrorist, which unleashed a terrorist war in Ukraine, and then against the whole world, and now you are sitting and complaining that for some reason your food has risen in price? This is how it should be You deserve it, and YOU DO THIS with your own hands
By the way, about gasoline - here Russia is definitely not to blame, at least in relation to India. The Indian government buys oil from a terrorist country for a penny! And then he sells gasoline to the population of India at a greatly inflated price, hiding behind the allegedly increased price of oil. But you are used to believing empty statements and propaganda, and you don’t even try to check how much oil from terrorist countries really costs for India now. And most likely you are just afraid to calculate - how much fuel should cost in India for the PEOPLE ...

PS By the way, thanks to India - at some level they realized that making friends with outcasts is stupid, and supported international sanctions against a terrorist country!

[rhodelmabanal]

The war of Ukraine and Russia has really a big impact specially to those country who import a gas from russia or from Ukraine, in my country we are suffering from the very high gas price it really affect the life of the ordinary people specially in importing products from one place to another the cost of the gas is very expensive that is why the basic needs products price is rising.

[Wildwest]

until now the World War between Ukraine and Russia has not ended and I believe the world economy is currently in big trouble, for both countries currently it has felt a lot of losses, and for European countries the current economic journey is not going as desired because Russia does have such oil assets to export to other countries, So the impact that we feel today is very large, so everyone hopes that the two countries will end soon for the current war, so that the economy we are currently living in can run in accordance with the government program that has been set.

[pooya87]

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.

That's the same mistake some people make about Europe. Just because there was an initial propaganda about an unrealistically terrible result (Russia crumbling like Europe freezing over) that didn't happen, it doesn't mean there wasn't any negative effects at all.

The reality is that both Russia and NATO are severely affected by this war that has been going on between them for the past year. Both sides have been able to replace part of what they've lost (Europe replacing a small part of its energy supply, Russia replacing part of its energy customers) but it hasn't been enough to negate all the effects. Examples of these negative effects are in Europe with massive deindustrialization and in Russia with budget deficit.

[og kush420]

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.

That's the same mistake some people make about Europe. Just because there was an initial propaganda about an unrealistically terrible result (Russia crumbling like Europe freezing over) that didn't happen, it doesn't mean there wasn't any negative effects at all.

The reality is that both Russia and NATO are severely affected by this war that has been going on between them for the past year. Both sides have been able to replace part of what they've lost (Europe replacing a small part of its energy supply, Russia replacing part of its energy customers) but it hasn't been enough to negate all the effects. Examples of these negative effects are in Europe with massive deindustrialization and in Russia with budget deficit.

Heard there were orders to arrest Putin . .
Because he has been declared terrorist in the internal courts - will they be able to arrest him - I m not sure.

[Cryptock]

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.

That's the same mistake some people make about Europe. Just because there was an initial propaganda about an unrealistically terrible result (Russia crumbling like Europe freezing over) that didn't happen, it doesn't mean there wasn't any negative effects at all.

The reality is that both Russia and NATO are severely affected by this war that has been going on between them for the past year. Both sides have been able to replace part of what they've lost (Europe replacing a small part of its energy supply, Russia replacing part of its energy customers) but it hasn't been enough to negate all the effects. Examples of these negative effects are in Europe with massive deindustrialization and in Russia with budget deficit.

All the european countries and NATO collectively failed stop the war.
However they have accelatered the war and created so much trouble for the people around the globe.

[be.open]

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.

That's the same mistake some people make about Europe. Just because there was an initial propaganda about an unrealistically terrible result (Russia crumbling like Europe freezing over) that didn't happen, it doesn't mean there wasn't any negative effects at all.

The reality is that both Russia and NATO are severely affected by this war that has been going on between them for the past year. Both sides have been able to replace part of what they've lost (Europe replacing a small part of its energy supply, Russia replacing part of its energy customers) but it hasn't been enough to negate all the effects. Examples of these negative effects are in Europe with massive deindustrialization and in Russia with budget deficit.

The problems with the budget deficit in Russia, about which only the lazy one did not speak about a month ago, are approximately 80% due to the introduction of a single tax bill in Russia from 2023. In this regard, in the first month of the year there were some technical difficulties with the display of revenues to the budget revenues on the balance sheet. Already in February, the system was debugged and started to work normally, and talk about an abnormally large budget deficit in Russia somehow subsided by itself. Because there was no budget deficit, it was a software failure in the work of the tax service, which, by the way, is one of the most progressive in the world.

I still maintain that for Russia, Western sanctions are not an evil, but a blessing. If they didn't exist, they would have to be invented. And Polish farmers can continue to feed pigs with their apples. 

[bryant.coleman]

Indian refineries have published details on the landing cost of crude oil from Russia. In January 2023, average cost per barrel was $80, and this may include $20 to $30 per barrel for freight and insurance. The landing cost was not much different from the Indian basket ($81 per barrel), since under pressure Iraq was forced to reduce the price of crude oil it sells to India. So India is benefitting in both ways. In one hand, it gets cheap oil from Russia and on the other, it can demand other exporters to reduce their rates.

[be.open]

Indian refineries have published details on the landing cost of crude oil from Russia. In January 2023, average cost per barrel was $80, and this may include $20 to $30 per barrel for freight and insurance. The landing cost was not much different from the Indian basket ($81 per barrel), since under pressure Iraq was forced to reduce the price of crude oil it sells to India. So India is benefitting in both ways. In one hand, it gets cheap oil from Russia and on the other, it can demand other exporters to reduce their rates.

What are you talking about, but what about the oil price ceiling? Bloomberg is indignant, along with Mr. beer alcoholic, who tells everyone here about huge discounts. Okay, India, it recently turned out based on an analysis of financial statistics reports that the average price of Ural oil, which Japan buys from Russia (which is outrageous in itself, of course), was $68 per barrel in January 2023 - and this is without insurance and transportation. This is no good, as an evil tyrant cannot be defeated by the progressive global LGBT+ community.

[Ozero]

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.

That's the same mistake some people make about Europe. Just because there was an initial propaganda about an unrealistically terrible result (Russia crumbling like Europe freezing over) that didn't happen, it doesn't mean there wasn't any negative effects at all.

The reality is that both Russia and NATO are severely affected by this war that has been going on between them for the past year. Both sides have been able to replace part of what they've lost (Europe replacing a small part of its energy supply, Russia replacing part of its energy customers) but it hasn't been enough to negate all the effects. Examples of these negative effects are in Europe with massive deindustrialization and in Russia with budget deficit.

All the european countries and NATO collectively failed stop the war.
However they have accelatered the war and created so much trouble for the people around the globe.

European countries and NATO countries are not directly at war with Russia. They only help Ukraine with military equipment and ammunition, provide financial and humanitarian assistance. At the same time, NATO countries began to provide assistance with tanks and modern air defense systems only recently, almost a year after the start of large-scale Russian aggression. NATO tanks have just begun to arrive in Ukraine and have practically not yet been used in this war.

Russia will soon feel the full power of NATO precision weapons in response to continuous attacks on the positions of Ukrainian defenders of its territory. If the NATO countries had entered this war, it would have ended long ago with the complete surrender of Russia. Putin's propaganda began to actively spread rumors that Russia was at war with NATO after a series of failures on the Ukrainian front, since it was inconvenient to realize that the "second army of the world" was suffering a crushing defeat from the Ukrainian Armed Forces.

[DrBeer]

Transnistria is a very small part of Moldova.

This territory has no strategic value.

At one time, a significant part of the industrial enterprises of Moldova (the former Moldavian Soviet Socialist Republic) was located on the territory of Transnistria. These were light industry enterprises, dairies, and meat processing enterprises.

Perhaps they are still in operation. But the possible capture of Transnistria by Ukrainian troops will not change anything in the course of hostilities.

The capture of Odessa, in my opinion, is a very unlikely event. Especially given the impossibility of landing an amphibious assault. So far, we are seeing a classic trench warfare model of the First World War of 2014-2018 or the Iran-Iraq military conflict.

This is all very bad...

Exactly ! PMR is the territory of Moldova, temporarily occupied by a terrorist country, Russia!

A little history of the birth of the PMR - another "metastasis of the Russian world". After the collapse of the ear on clay feet, USSR. Anti-Russian sentiments grew in many republics freed from the slavery of the USSR. This threatened to break any relations, and the complete withdrawal of the occupying country from the liberated republics. Plus, the loss of influence in the region, which Russia was very afraid of losing. Without hesitation, Russia, according to the training manual, launches the scenario of an ethnic internal conflict, and the most idiotic topic is the protection of the Russian-speaking region and the Slavic population from the "Chisinau junta". In 1992, this escalated into a military conflict with the entry of the Russian army into the territory of the PMR. We noticed - that 1992 in Moldova, that 2008 in Georgia, that 2014 in Ukraine - one and the same scenario of "the birth of metastases of the Russian world."

So, the 14th Guards Combined Arms Army of the RF Armed Forces was introduced in the PMR and remains to this day. She really habitually degraded, but still there. Both for Ukraine and, of course, for Moldova, these are risks. Moreover, this is an illegally created, separatist, anti-European entity. Well, plus, on this territory there is the largest ammunition depot in Europe - about 20 thousand tons of ammunition: shells, air bombs, mines, grenades, cartridges ... They were the target of the Russian terrorist army, at the beginning of the second wave of the terrorist attack on Ukraine in February 2022 of the year.
Given that Russia is a terrorist state, and is now extremely dissatisfied with the current government of Moldova, and is making every effort to destabilize the situation in Moldova, the warehouses can be a point of support for a new terrorist attack from the PMR on Moldova, or sabotage groups.
Therefore, I do not exclude that in the near future, the PMR will be denazified, demilitarized, and will be returned to the legal borders of the independent Republic of Moldova. And in the world there will be one less cancerous tumor of the Russian world!

[Smartprofit]

Transnistria is a very small part of Moldova.

This territory has no strategic value.

At one time, a significant part of the industrial enterprises of Moldova (the former Moldavian Soviet Socialist Republic) was located on the territory of Transnistria. These were light industry enterprises, dairies, and meat processing enterprises.

Perhaps they are still in operation. But the possible capture of Transnistria by Ukrainian troops will not change anything in the course of hostilities.

The capture of Odessa, in my opinion, is a very unlikely event. Especially given the impossibility of landing an amphibious assault. So far, we are seeing a classic trench warfare model of the First World War of 2014-2018 or the Iran-Iraq military conflict.

This is all very bad...

Exactly ! PMR is the territory of Moldova, temporarily occupied by a terrorist country, Russia!

A little history of the birth of the PMR - another "metastasis of the Russian world". After the collapse of the ear on clay feet, USSR. Anti-Russian sentiments grew in many republics freed from the slavery of the USSR. This threatened to break any relations, and the complete withdrawal of the occupying country from the liberated republics. Plus, the loss of influence in the region, which Russia was very afraid of losing. Without hesitation, Russia, according to the training manual, launches the scenario of an ethnic internal conflict, and the most idiotic topic is the protection of the Russian-speaking region and the Slavic population from the "Chisinau junta". In 1992, this escalated into a military conflict with the entry of the Russian army into the territory of the PMR. We noticed - that 1992 in Moldova, that 2008 in Georgia, that 2014 in Ukraine - one and the same scenario of "the birth of metastases of the Russian world."

So, the 14th Guards Combined Arms Army of the RF Armed Forces was introduced in the PMR and remains to this day. She really habitually degraded, but still there. Both for Ukraine and, of course, for Moldova, these are risks. Moreover, this is an illegally created, separatist, anti-European entity. Well, plus, on this territory there is the largest ammunition depot in Europe - about 20 thousand tons of ammunition: shells, air bombs, mines, grenades, cartridges ... They were the target of the Russian terrorist army, at the beginning of the second wave of the terrorist attack on Ukraine in February 2022 of the year.
Given that Russia is a terrorist state, and is now extremely dissatisfied with the current government of Moldova, and is making every effort to destabilize the situation in Moldova, the warehouses can be a point of support for a new terrorist attack from the PMR on Moldova, or sabotage groups.
Therefore, I do not exclude that in the near future, the PMR will be denazified, demilitarized, and will be returned to the legal borders of the independent Republic of Moldova. And in the world there will be one less cancerous tumor of the Russian world!

The history of Transnistria is a very tragic story.  Initially, there was a single country - the USSR.  

The so-called Moldavian Soviet Socialist Republic was then the place of compact residence of Moldavians.  Ethnically and culturally, Moldovans are closest to Romanians.  At the same time, Moldova is a purely agrarian country, Moldovans specialize in agriculture.  At the same time, an industrial territorial entity (the so-called Transnistria) was artificially included in the Moldavian SSR, the majority of the population, which was predominantly not even Russians, but Ukrainians.  

It was the Ukrainians who were the titular nation in this region.  And from the point of view of common sense, Transnistria, of course, should have been part of Ukraine, and not Moldova.  

Alternatively, this region could be included in Russia (the former RSFSR), since there are a lot of Russians in Transnistria (the second largest nationality after Ukrainians).  But the problem was that Transnistria does not border Russia, for Russia it is an enclave.  

Since no one planned the collapse of the USSR, Pridnestrovie was part of the Moldavian USSR.  When the USSR collapsed, Moldovan troops attacked the peaceful cities of Transnistria (it was a national conflict).  In particular, the city of Bendery was destroyed.  It was a terrible disaster.

Fortunately, a smart, honest and determined Soviet general, an ethnic Ukrainian Alexander Lebed, was found.  Thanks to his decisive actions, this war was stopped, and the killing of civilians was stopped.