how the world economy is reacting to the russian invassion of ukriane

As of yesterday, the Russian defense forces started air strikes on key Ukrainian infrastructure like the Kyiv military airport. this is an escalation on the Russian side as it started in the pretense of peacekeeping in the separatist Ukrainian territories. this has created large-scale uncertainty and skepticism in the economy in this way.

Advertisement

there has been a big sell-off of shares in big stock exchanges like the NewYork, London, Shanghai, Tokyo, and other securities exchanges, there has been an exception to military contractor companies' stocks. These are companies that manufacture and sell military hard and software. also, safe heaven companies' stocks are attractive right now. These are companies whose operations are directly linked to safe-haven commodities like gold which is seen as a safe investment during the war.

oil prices have been going up as Russia is one of the biggest suppliers of oil and gas in the world. but the function being imposed on it and going to be imposed on it will lead to a decrease in the supply of oil.

energy prices in Europe are going up due to the stoppage of the Nord Stream 2 pipeline that was going to increase liquid natural gas to Europe for energy production.