Connect with us

Breaking News

Russia’s loss during four days of aggression against Ukraine

Europe has enough gas in its stores until the month of May, during this period Europe seeks to find an alternative to oil and gas (Qatar, Saudi Arabia and Norway).

Published

on

Vladimir Putin

1- Economic loss: All round Sanctions

The Russian ruble fell from 74 rubles against the dollar to 84 rubles against the dollar. That’s 10% of its value!

The export of oil and gas from Russia to Europe has stopped, as the German government halted the procedures for approving the Nord Stream 2 gas pipeline, which cost Gazprom 10.6 billion dollars to build.

Advertisement

Europe has enough gas in its stores until the month of May, during this period Europe seeks to find an alternative to oil and gas (Qatar, Saudi Arabia and Norway).

A collapse in the stock market and the loss of the Russian Stock Exchange more than 200 billion dollars, with a sharp drop in trading by 33%.

  • Isolate Russia from the global banking system known as SWIFT. That is, it has become impossible to send and receive money and bank transfers to and from Russia. Blacklisting Russian banks, making it nearly impossible for them to conduct international transactions.
    Economic sanctions may arise in the coming days: Preventing Russia from using the US dollar. The United States is looking to impose sanctions on the Russian Central Bank, a move that targets much of the $643 billion in reserves that Russia has amassed before invading Ukraine. 2- Social, military and human losses:
  • Preventing any Russian aircraft, whether military or civilian, from flying over the European Union Airspace.
  • 4,500+ Russian soldiers have died during the Russian military operation so far and still counting. Equipments and fighting mechanisms Logistics: Spent $20billion dollars fighting Ukraine

Opinion Nigeria is a practical online community where both local and international authors through their opinion pieces, address today’s topical issues. In Opinion Nigeria, we believe in the right to freedom of opinion and expression. We believe that people should be free to express their opinion without interference from anyone especially the government.

Continue Reading
Advertisement
Comments

Trending Articles