The confrontation between Russia and Ukraine: stock markets plummet and a dramatic move against Putin

Fears of a Russian invasion of Ukraine are also affecting stock market fluctuations around the world, with the London Stock Exchange’s 100 index down 1.5% today (Monday). In contrast, oil prices actually rose, due to fears of supply disruptions as soon as war broke out in Ukraine. At the same time, the New York Stock Exchange’s S&P 500 was down 0.8%, while the cracking 100 was down 0.9%.

At the same time, the Organization of Industrialized Countries has sent a threat to Russia following the situation: “We are ready to impose, collectively, economic and financial sanctions that will have massive and immediate consequences for the Russian economy.”

Russian military forces in a military exercise near Ukraine (Photo: Reuters)

The statement said: “We reiterate to Russia that any further military aggression will be met with a swift, coordinated and forceful response. We support the ongoing efforts to find a diplomatic path towards an end to the escalation.”

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Meanwhile, while fears of a Russian invasion of Ukraine are growing and the diplomatic effort to prevent a war that does not stop for a moment, one hundred thousand Russian soldiers already stationed on the borders of Ukraine are just waiting for Russian President Vladimir Putin’s order to invade the Ukrainian state. In the shadow of estimates by American intelligence sources that the invasion will take place in the near future, US President Joe Biden spoke yesterday with Ukrainian President Vladimir Zlansky, declaring that “the American response to any Russian aggression will be swift and decisive.”

Ukrainian army prepares for Russian invasion (Photo: Reuters)

During an hour-long conversation, Biden made it clear that “the United States will respond with determination, along with its allies and partners.” More to Ukraine, and asked Biden to visit Ukraine as soon as possible.However, officials said Biden’s trip to Ukraine at this time was unreasonable. “.

The President of Ukraine stressed to Biden the need for a significant financial package for the country, and that strong economic support “will show Putin that the West stands by Ukraine, and that Putin’s escalation will not bear fruit.” A White House source said security assistance to Ukraine was continuing, stressing that shipments in recent weeks had provided “additional macroeconomic support to help Ukraine’s economy,” amid Russia’s military buildup at the border.

Ukrainian army prepares for Russian invasion (Photo: Reuters)