6.
Russia Economic Downfall
While Ukraine has the lowest chances to recover, Russia still holds the decisive card which gives the economy a boost or a downfall.
By this time everybody is aware that the Russian ruble was depreciated against the euro and the dollar, but the worst thing comes when the quota of money leaving the country was exceeded in just 4 months from the beginning of the year.
While investment no longer flourish in Russia and interest rates grew to cover the decrease in value of the ruble.
The future of the Russian economy is unclear and with time passing and not stopping the aggression on Ukraine, further effects would take place and accumulate with the economic sanctions the western world is preparing.
