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The Ukraine Crisis And Its Effects On Global Economy

4.

Global Defense Upgrades

As the world is witnessing an attack on Ukraine, they fear for their own safety and think about upgrading the armed forces.

Eastern Europe sees the invasion of Crimea as a threat and redirects funds to the military zone.

The two major beneficiaries are NATO and the U.S. who are willing to cooperate.

As NATO’s role is to help neutral countries in modern warfare is they ask, more countries like Sweden and Norway could cooperate and upgrade their forces.

In the case of the U.S who has contracts with all the European countries to provide them the latest in defense weapons, it is a win situation that will boost the arms industry of the Americans.

This way they gain more money and make more arms and supply at the same time the enemies of their enemies, isolating Russia and creating new allies.

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