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Victory Day May 9 is an annual holiday celebrating the defeat of the Nazis in Europe at the end of World War II but in 2022 Putin has nothing to celebrate. It is also a memorial day in Russia in remembrance of the 27 million Soviets who died in World War II and was an…
What the Ukraine War Cost Russia is everything that Putin has been building up over the past 22 years, apparently with the primary goal of getting control over the Eastern Ukraine. Russian Economy Will Go Into Recession The cost of the war and the impact of the resulting boycott and economic sanctions against Russia will…
Germany Cutting Russian Energy Imports of Oil, Natural Gas, and Coal – As part of sanctions against Russia, German Vice Chancellor Robert Habeck revealed that imports of fuel from Russia are being cut at an accelerated rate: Germany Cutting Russian Energy Imports will be a major financial and political setback for Russia Coal imports from…
The world rethinks globalization as the pandemic, war, sanctions, and punitive tariffs have disrupted supply chains and ended what were once smooth relationships between companies and their suppliers and customers. SHUTTING OFF RUSSIAN GAS WILL BRING PAIN TO EUROPE AND THE REST OF THE WORLD Europe has learned that turning away from reliable base load…
The other result of a scarcity and cost rise in a product is that some users will change to options. Nickel and cobalt are crucial ingredients in making high quality steel, which is also a crucial part of the expense of making cars and trucks, but they are a small percentage of the composition of…
Image credit wikipedia.org. These steps taken by these charge card and payment interchange networks have actually effectively cut off Russia from the majority of non-cash payment deals with people from other countries. This will sharply curtail tourism to Russia, due to the fact that the only way for immigrants to spend for purchases inside Russia…
Companies withdraw from Russia in reaction to Russia’s war with Ukraine Many companies have stopped doing business with Russia, inside Russia, or both: Some companies have actually closed down their stores or other operations within Russia Some companies have stopped exporting goods to or purchasing products from Russia Other companies that process financial transactions or…
New sanctions on Russia, including financial sanctions on additional Russian banks that will immobilize about a billion dollars of assets, Sanctions on Russian oligarchs and elites are being extended to their families to prevent them from evading the sanctions by transferring assets to them. USA will extend Russian sanctions by ending imports of Russian gas,…
Ukraine news and goal analysis provided by UkraineNewsStories.com If he inhabits Ukraine, putin threats debilitating Russia. In this interview, Mark Galeotti discusses that Russia might dominate Ukraine but Russia can not rule Ukraine unless it preserves a heavy military occupation. Such a military profession at a time while Russias economy is damaged by sanctions, and…
Oil sanctions against Russia will be difficult to attain since Russia is among the leading 3 oil producers, in addition to USA and Saudi Arabia, and replacing the oil currently provided by Russia will be impossible in the short term and will require challenging choices in the long term. An immediate world boycott of Russian…