What are the most likely implications of the economic sanctions imposed on Russia? - Vedanth Murikinati
How have the sanctions on Russia shattered the globe's economy
On the 24th of February 2022, Russia invaded Ukraine, an escalation of the Russo-Ukrainian war that began in 2014. This shattered the reputation of Russia as the reason given was to “demilitarise and de-Nazify” the country given Ukraine was led by a Jewish President. Many around the world believed this reason unjustifiable, leading to titanic disruptions and having broken the foundations of world peace. With tensions rising higher than ever, a novel of economic sanctions was placed upon Russia to punish their $1.8 trillion economy, cut off support, and to cripple any military attacks moving forward in the future. The measures taken against Russia are intended to not impact Russian civilians; hence food, agriculture, health, and Pharma are excluded from the imposed sanctions. They are meant to target the political, military, and economic invasion to cripple any further acts of war attempts.