Russian Invasion of Ukraine

  • Thread starter Rage Racer
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Much has been speculated about oil prices due to the war and sanctions. But is very likely that we will have food inflation too. Russia and Ukraine are large producers of food (AFAIK Ukraine is a great exporter of grains and potatoes) but also Russia export fertilizers. For example, near 30% of all fertilizers used in Brazil come from Russia and Belarus. Some crops that would start soon will already increase in prices since imports were already halted.
 
A Bangladeshi cargo ship got hit by a missile 1 sailor got killed.

Russia and Ukraine are blaming each other for the attack.
 
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"Ukraine’s Vice Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, has asked PlayStation and Xbox to temporarily stop operations and sales in Russia and Belarus."

mobilesyrup.com

Ukraine asks Sony and Microsoft to stop operations in Russia and Belarus

The Prime Vice Minister of Ukraine has asked PlayStation and Xbox to temporarily stop operations and sales in Russia and Belarus.
mobilesyrup.com mobilesyrup.com

Getting cut off of PSN on GT7 launch date would really hurt people not involved. But I get the logic, it's explained in the article the platforms can be used as messaging apps.
 
www.politico.eu

Putin sticks to his demands, kills 11 in attack on Kharkiv

Putin not only demands that Ukraine disarm and stay out of NATO, but also insists on formal recognition of Crimea as Russian.
www.politico.eu www.politico.eu

Putin himself gave no hints of any impending peace deal. After a long call with French President Emmanuel Macron, Russian media reported Putin had not only repeated his long-standing security demands over Ukraine — that the country should disarm and stay neutral outside NATO — but also insisted upon the formal recognition of Crimea as Russian, an ultimatum he had not previously stated so bluntly to Western allies.
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I read that these were the demands from the first talks- Stay out of NATO, Russia keeps Crimea, and Donetsk and Luhansk are recognized.
 
Please excuse my lack of knowledge on this area, so UN adopted the resolution yesterday for Russia to "immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine within its internationally recognized borders."

If Russia doesn't withdraw, what are the next steps then?
 
AlexWilmot
Please excuse my lack of knowledge on this area, so UN adopted the resolution yesterday for Russia to "immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine within its internationally recognized borders."

If Russia doesn't withdraw, what are the next steps then?
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Hopefully continued negotiation and not escalation of the conflict.
 
Steam, Nintendo, Xbox, PSStore don't want our money. Services still working.

Steam is a big hit, for other we don't really using digital.

Also, almost all movie publishers out of Russia. No Batman
 
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Russia will NOT withdrawal.

The western sanctions will hurt nobody except western nations.

India and China and Russia will develop a trade block.

Western nations are making a terrible mistake cutting off Russia. One begins to wonder if they are doing it on purpose to collapse western economies.
 
Lavrov is like we are getting ready for peace talks but our military operations will continue how does that make sense?
 
SestoScudo
Lavrov is like we are getting ready for peace talks but our military operations will continue how does that make sense?
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Opinion: There are already peace talks. Russia is very close to achieving its baseline objectives, but the military pressure operations must continue until the negotiations are satisfactory to both sides.
 
Scaff
Might not translate, I wasn't being serious
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I get it, just pointing for everyone else. Key word is likely

Deripaska claiming that we have 3 weeks to stop this before collapse.
 
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Mark folsom
Russia will NOT withdrawal.

The western sanctions will hurt nobody except western nations.

India and China and Russia will develop a trade block.

Western nations are making a terrible mistake cutting off Russia. One begins to wonder if they are doing it on purpose to collapse western economies.
Click to expand...
A professor of finance wholeheartedly disagrees with you.

Link as Language warning

And far from looking to develop a trade-block, both India and China have been pulling back support for Russia's actions.
 
Mark folsom
Russia will NOT withdrawal.

The western sanctions will hurt nobody except western nations.

India and China and Russia will develop a trade block.

Western nations are making a terrible mistake cutting off Russia. One begins to wonder if they are doing it on purpose to collapse western economies.
Click to expand...
That's what the Russian propaganda would want us to believe, yes.

Edit: Below is a graph of how the MOEX Russia index is doing these days:









Edit 2: Oh, sorry about that. There's no such thing as the MOEX Russia index anymore.
 
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Mark folsom
Russia will NOT withdrawal.

The western sanctions will hurt nobody except western nations.

India and China and Russia will develop a trade block.

Western nations are making a terrible mistake cutting off Russia. One begins to wonder if they are doing it on purpose to collapse western economies.
Click to expand...
Russia's largest customer is China, and they only account for ~14% of Russia's International trade. India is a small fraction of this. Realistically the sanctions equate to a far, FAR, higher percentage of Russian export trade, than they will for any other single nation in the west, by a long way.

Sanctions will hurt both sides... it'll hurt the west like spraining an ankle, it'll hurt Russia like having both legs amputated.
 
MatskiMonk
Russia's largest customer is China, and they only account for ~14% of Russia's International trade. India is a small fraction of this. Realistically the sanctions equate to a far, FAR, higher percentage of Russian export trade, than they will for any other single nation in the west, by a long way.

Sanctions will hurt both sides... it'll hurt the west like spraining an ankle, it'll hurt Russia like having both legs amputated.
Click to expand...
Indeed. China could likely get away with not using Russia as a trade partner. Russia probably can't afford to lose China as one of its few economic lifebuoys left.
 
Scaff
A professor of finance wholeheartedly disagrees with you.

Link as Language warning

And far from looking to develop a trade-block, both India and China have been pulling back support for Russia's actions.
Click to expand...
Not true.
 

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India is hedging their stance because they could not afford to completely cut off Russia. They are probably not going to utilize this extensively as this will hurt their ties with Western countries.
 
CNN reports that the second round of talks has started. :(

The Ukrainians arrived after some delays. It seems a bit fishy.
 

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