The obvious signs are that the world is edging toward the 3rd world war… Gurulyov, a former military commander and member of the pro-Putin United Russia party, said: “We’ll destroy the entire group of enemy’s space satellites during the first air operation. “No one will care if they are American or British, we would see […]
Ways Russia currency sanctions affect Africa
It is now a truth that sanctions levied on Russia after it invaded Ukraine is throwing global trade into disarray. One negative effect is that the sanctions on Russia is causing food insecurity escalation, change in commodity prices, demand for alternative currencies. This paper examines how trade between Russia and Africa is being and will […]
3 ways Russia lost in Ukraine before the war ends
In Ukraine, Russia has tried so many things but they’re just not working out for her. Let’s quickly see three ways in which Russia has failed in Ukraine. 1. Russia started in February to try and overthrow Ukraine’s president and make the country part of Russia in just 72 hours. This failed. The war […]
Ukraine brings war to Russia – Russian Civilians terrified
The war started by Russia has come back home to haunt her. The Ukrainians have begun shelling and bombing strategic places inside of Russia. Putin now has to do more to protect his people from being destroyed by the war he started. Meanwhile, Ukraine has also reported that Russia is speeding up attacks in southeast […]
$600bn Russian fund trapped abroad
Yes, you saw right. That’s the amount of money that Russia is trying to retrieve because after the war with Ukraine started, the US and other countries started putting sanctions upon sanctions on Russia. Russia said that the freezing is unprecedented and it has to go all out in suing the countries involved. The freeze […]
5 reasons Ukrainian refugees are coming back home
The war in Ukraine has not ended but some of the Ukrainians who had fled the country more than a month ago, are coming back. Why are they coming back, especially to hotspots where battles are still raging. 1. Some said there’s no place like home. For these ones, it is easy to survive in […]
Why Russian Ruble rebounds
Reasons for that rebound include support from the Russian government, as well as ongoing purchases of Russian energy from the European Union and other nations, Jane Foley, head of FX Strategy for Rabobank London, told CBS News. Even with the broad-based sanctions, Russia continues to export oil, gas and coal, with Bloomberg Economics estimating that […]
Putin’s smart tactics boost Russian currency
Putin tactics drive rebound in Russian ruble The Russian currency has staged a remarkable comeback after taking a massive beating due to Western sanctions on Moscow. The United States has said the ruble’s recovery is being fueled by “a lot of manipulation.” In the days following the start of Russia’s invasion of Ukraine on February […]