Russia-Ukraine Faceoff

The world is facing huge turmoil the war between the two Nations have created chaos worldwide the balance has been disrupted humanity is at stake, the war of “invasion “has now turned into a worldwide instability of Economic growth affecting Russia the most let’s have an overview of the current scenario:

1.      INFLATION- It has been widely acknowledged that a Russia-Ukraine war, even a limited one, would spark a further massive rise in oil and gas prices, especially in Europe Russia supplies about 30 percent of Europe's oil and 35 percent of its natural gas all over the world  

2.      MARKET DOWNFALL - The predictions have stated that due to heavy sanctions could see a flight to safety on financial markets, pushing bond prices up and interest rates lower.

3.      IMPOSITION ON TRADING- Trading majorly exporting from Russia is highly impacted due to several sanctions from across the nations the country will face huge difficulty in the trading including different sectors.

4.      DEVALUATION OF CURRENCY- we have been stunned at how quickly the economic impact of the war was being felt. The ruble hit its lowest level ever against the dollar, which traded at about 84 rubles on Saturday compared to 74 a few weeks ago.