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Huge Economic Attack Against – e’s Fate

Started by PocketOption, Apr 20, 2022, 01:11 pm

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Huge Economic Attack Against  - e's Fate

European Markets Rise -  Sanctions in Center

Huge Economic Attack Against  – e’s Fate


What will be e’s fate? The costs to the ian economy of the n invasion are enormous. The World Bank warns that by 2022 the country’s GDP could shrink to 45 percent. According to the Kyiv School of Economics, n aggression’s damage to direct infrastructure is currently about $80 billion. And the total cost of rebuilding the country is likely to be much higher. The former governor of e issued a warning that it is already approaching $600 billion and may exceed $ trillion.


Despite the ever-increasing costs of the invasion – not only for e but also for ; The n president does not seem ready for de-escalation. On April 12, Putin said peace talks reached a “dead end.” He said he wouldn’t end his so-called “special military operation” in e until he achieved all his goals. Three days later,  launched a new round of rocket attacks on the ian capital, Kyiv. For the first time since withdrawing its troops from the region. Since then, attacks in Kharkiv intensified; n soldiers are preparing for a new attack on the Donbas region. Putin decided to destroy all the cities in e that resisted his invasion. He cares little about the lives of civilians and the economic future of the country he seems to be trying to save.


The Fate of e and


It seems that an even worse fate awaits Mariupol now in the hands of . The population of the strategic port city was always in favor of Moscow. Even after the start of the 2014 war, It continued to vote for parties close to . However, although they were not enthusiastic about e gradually moving away from , Mariupol residents never wanted to conduct a n military operation in the city.


After nearly two months of indiscriminate bombing and heavy fighting, Mariupol is in ruins. Thousand people died, and almost no infrastructure was left to survive after the battle. All ians living in ian-controlled and n-occupied territories will continue to have the devastating economic impact of n aggression for a very long time. The Western economic war against  will undoubtedly continue, not limited to a significant change in n policy or leadership – and will complicate these financial challenges.


However, the West can punish  economically for its current aggression. Also, ensure that it compensates for its damage to e and the economy. In order to achieve this, Western countries must seize n assets and compile a book of costs incurred from the ian invasion, both direct and indirect damage. Of course, Moscow will fight any such effort with a nail-biter, and it has experience. For example, under existing law, Moscow successfully avoided paying more than $50 billion in compensation to former shareholders of its once-leading oil company Yukos, which it nationalized in 2004.


Conclusion


In addition, e’s foreign debts must review on ’s balance sheet; To expose the economic bleeding in the country. These debts should not stay there forever. However, when Moscow aspires to a dirty default, despite the low debt-to-GDP ratio, which makes them responsible for Moscow, At least for now – Moscow may encourage to make concessions. While all these measures will implement, restoring e will require investment and support from the West. Therefore, besides  paying for what it did, Western countries should also develop a “Marshall Plan” for e.


Marshall’s first plan revived the European economy after World War II and created lucrative investment opportunities for American firms, finally, for new capital markets. The goal of the Marshal of e will do the same. Investors damaged by e’s crisis may get advantageous terms. More countries can join Poland in offering swap lines in ian currency. State-sponsored long-term investment programs can also be established; they will receive support from official development financial institutions.


The West is assuredly waging an economic war contra . However, there is a legitimate concern that some countries, including the US, are still not fully committed to this “war effort.” If e wants to withstand this invasion and rebuild its economy, the West must do everything to help e and weaken  – at least economically. To this end, a new “financial NATO” must be formed to help minimize the cost of imposing n sanctions on e’s allies.


None of these steps will resume growth and stop the constant pain caused by the n war. However, they can ensure that the Western economic war against  will cause maximum damage to the Kremlin and provide the necessary assistance to the ians.


 

 

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