Home » News » The Russian-Ukrainian war enters a new period … World financial system ‘dark clouds’

The Russian-Ukrainian war enters a new period … World financial system ‘dark clouds’

Russia thought it could end the war promptly, but Ukrainian resistance was potent. With Ukraine’s modern counterattack, the war is now getting into a new section.

Journalist Sang-woo Ahn summarizes the present war situation.

Contrary to expectations that it will not last even a week, Ukraine is facing the Russian army on a 1,000-kilometer entrance.

On the other hand, 1/5 of its territory, which is greater than Korea, has been dropped to the Russian military.

In the 6 months of battling, an estimated 10,000 Ukrainian troopers were killed and 30,000 wounded.

The CIA estimates that 15,000 Russians were killed and 45,000 wounded for the duration of the war.

Merged armed service casualties on each sides arrived at 100,000, and civilian casualties ended up also extreme.

28,500 Ukrainian civilians, including kids, missing their lives in the war and over 11 million refugees crossed the border.

A quarter of the populace fled their properties to escape the war.

This war has also thrown dark clouds above the worldwide overall economy.

Shortly right before the war, the Worldwide Monetary Fund (IMF) predicted that the global economy would improve 4.4% this yr because of to the coronavirus pandemic, but it was downgraded by 1.2 share details in the aftermath of the war.

Energy rates have skyrocketed as the war carries on as the globe suffers a provide chain crisis because of to China’s zero-crown coverage, and so on.

When Russia, the world’s second greatest exporter of crude oil, entered the war, the value of crude oil when exceeded $ 120. In Europe, in which Russia’s dependence on all-natural gas is superior, Russia reduce its provide of oil. all-natural fuel by a fifth and the price has risen to ten moments the degree of a 12 months in the past.

On the other hand, Russia exhibits its power many thanks to the sharp enhance in the price ranges of commodities these kinds of as oil and fuel even with the robust economic sanctions of the West.

On the other hand, there is also an evaluation that the Russian financial state is in hazard of collapsing within the upcoming year with no significant reduction from sanctions or outside aid.

The Ukrainian armed forces just lately released a lengthy-selection weapon technique, which includes the US-equipped substantial-speed maneuvering rocket technique, to hit Russian Army rear ammunition depots and routes a single after another. refueling.

The Washington Article predicted that the war experienced entered a new period and that Ukraine’s counterattack would ascertain the training course of the war.

(Video clip modifying: Kim Jin-received)

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