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Why Ukraine matters

Today, Explained

Russia's Invasion of Ukraine Could Affect Europe, America and the World

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sanctions are one of the first things we're going to see, and the white houses setting these up now. They will cut off russia's government from western financing. It can no longer raise money from the west, and cannot trade in its new debt on our markets or european markets either. And beyond sanctions, is a whole host of other economic implications. I mean, russia has a lot of raw materials that europe and the world depend on. The nord stream to pipe line was due to bring gas from russian to western europe. But now it faces a shut down before it's even begun operations. German chancellor olaf scholtz said t Tuesday that

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