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Putin Russia Ukraine News

The Implications of Vladimir Putin’s Ukraine
Actions
As the Ukraine war drags on, it is clear that the Russian president’s actions have far-reaching
consequences. The war in Ukraine has become one of the biggest conflicts in Europe since the Second
World War. Russia’s President, Vladimir Putin, has justified his war on Ukraine by citing the threat of
Western Ukraine and the inability to feel safe. Thousands of people have died, and entire towns and cities,
like Mariupol, lie in ruins. Many questions remain.
Russian economy shrinking by 10 percent this year
The Russian economy is expected to contract by 10 percent this year due to Ukraine’s invasion of the
country. The country will enter the worst recession in over 30 years if the situation persists. A decline of
10 percent this year is worse than the eight percent contraction that the Russian government previously
forecast. However, there is still reason for optimism. While many economists believe that Russian growth
will pick up this year, others see it as temporary.
The fallout from the ongoing war in Ukraine has caused widespread economic panic across the globe. The
fallout from the conflict will impact Russia’s trade and investment opportunities. The Russian economy is
already shrinking by 8 percent, and the rift between Russia and the West will worsen its situation. The rift
has already crippled the auto industry, which relies on foreign raw materials and components to survive.
The Russian economy will be hit harder than it was during the 2009 global financial crisis.
The European Bank for Reconstruction and Development has cut its forecast for Russia’s economy to
three percent this year. Russia will also shrink by about the same amount in 2020, which is less than its
previous forecast. Its forecasts are the first major update to come out since the conflict began in Ukraine.
The European Bank has also warned that war has caused the biggest supply shock since the early 1970s.
This could have negative impacts on the world’s economies beyond the area in conflict.
The Western sanctions on Russia are already affecting the Russian economy in an unexpected way.
Despite the sanctions being aimed at depriving Russia of oil, gas, and other natural resources, Russia’s
economy has increased its exports of fossil fuels. The sanctions, however, may not be enough to stop
Russia from becoming one of the most economically-developed countries in the world. With the world
economy shrinking, Russia may have a tough time funding its war in Ukraine.
While the effects of war on Ukraine’s economy will be limited, the consequences for the world economy
will be felt in the region for several years. According to the latest World Bank Economic Update, the
global economy is forecast to contract by 4.1 percent this year and nearly six percent by 2022.
Meanwhile, the Ukraine war will have a large impact on the economies of many countries in Europe,
including the UK and Eurozone.
Economic sanctions against Russia increasing
New sanctions imposed by the United States have a variety of implications for Russia. New measures
include limiting the ability of U.S. persons to buy or trade Russia’s sovereign debt. Directive 1 of
Executive Order 14024, implemented in April 2021, prohibits U.S. financial institutions from lending to
Russian central banks and state-owned enterprises. A revised version of the directive further restricts U.S.
entities from engaging in the secondary market for Russian bonds issued by the Ministry of Finance and
National Wealth Fund.
The escalating economic sanctions against Russia may further isolate the country and lead to further
conflict. The escalating conflict could lead Russia to turn inward and strengthen ties with China, while
other countries would simply refuse to cooperate. The results of such an escalation would be a deepening

of cleavages within the global system of economic interdependence, which has been essential to
maintaining stability for much of the past century.
The United States has been at the forefront of the escalation of sanctions against Russia, beginning with
Executive Order 13660. Its most recent version authorizes sanctions against Russian entities for
threatening regional stability and transnational corruption. This became the legal vehicle for most of the
sanctions against Russia following the invasion of Ukraine. And with that, economic sanctions against
Russia are more likely to be effective at stopping Russian aggression in the future. The United States, as
the primary player in this fight, has also been one of the most aggressive and vocal participants in the
sanctions.
These sanctions have a number of consequences. The collapse of the ruble and increased interest rates
will make it more difficult for Russian citizens to purchase basic necessities. They will also be costly for
the rest of the world. Oil, commodity, and wheat prices have all skyrocketed in response to the increased
economic pressures. This will only further weaken the Russian economy. However, there are some
positive aspects to the escalating sanctions.
In addition to the economic impact of the US sanctions against Russia, these measures will increase the
price of oil and other commodities produced in the country. Because Russia produces nearly a quarter of
the world’s oil supply, it could see its prices rise if customers are unwilling to purchase its goods. And
while Russia has an abundance of energy reserves, the economic sanctions will hit its exports of these
commodities. Further, these sanctions are likely to affect food prices globally.
Russian imperialism symbolised by Druzhba oil pipeline
The Druzhba oil pipeline handles a third of Russia’s total oil exports. It began in Samara, Russia, and
travels to Germany and Poland, where it supplies a major refinery. In addition, it supplies the Czech
Republic and Hungary with almost two-thirds of their oil supply, and Slovakia relies on it for another
two-thirds. Further downstream, the Druzhba carries oil to Germany and Poland, which together receive
about 18 million tonnes of crude oil a year.
The Druzhba pipeline was built in the 1960s, and was intended to pump Soviet oil into East Germany.
East Germans consider the pipeline a symbol of Russian imperialism, and the pipeline still delivers tons
of crude oil to Europe. In the case of the Ukraine war, cutting the Druzhba pipeline could change the
whole dynamic. While it may seem incongruous today, cutting the Druzhba oil pipeline would be a
significant step towards Russia’s goals of limiting its influence over the EU and its western neighbours.
The Druzhba oil pipeline, also known as the Friendship or Comecon Pipeline, is one of the world’s largest
networks of oil pipelines. It extends 4,000 km (2,500 mi) from Eastern Europe to western Europe. Various
branch pipelines from the Unecha junction in Bryansk Oblast connect the main Druzhba oil pipeline to
other European countries.
The Druzhba oil pipeline is one of the most visible symbols of Russian imperialism in Europe. Russia
uses it to feed its biggest refinery in Italy, the Miro. The company controls the other two refineries in
Europe, including the largest in Slovenia. A state energy firm in Indonesia, PT Pertamina, has expressed
interest in purchasing Russian crude oil for loading.
Russian officials looking for opportunity to take families out of
Russia
Some Russian mobster families are looking for an exit visa. Others are trying to find a way to escape their
country and the accumulated money that comes with being in the mob. In any case, the goal is to find a
way to move out of Russia and escape the corruption that has become so pervasive. The situation is so
bad that the Russian government has started looking for ways to evict mobster families from the country.

Senior figures in the military intelligence directorate and the FSB are preparing for life after Putin, and
some are actually looking for opportunities to take their families out of the country. Senior FSB officers
have been aware of the deaths and disappearances among Russian troops, and they are moving their
money and families out of Russia. The regime is already preparing for the worst case scenario: a nuclear
attack on Russia or the West.

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