The effects and consequences of sanctions against Russia
Russia's aggression against Ukraine did not take long for the effects of the economic and financial war waged by Western countries and their allies against Russia. Within a few days, the Russian ruble depreciated sharply, the banking system was paralyzed, supply and demand chains were broken, prices rose, and assets worth hundreds of billions of dollars were frozen. Furthermore, the closure of the airspace of the European Union for Russian aircra...
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- Post-Soviet region
- 3 March 2022 23:48
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- Politics
- 4 March 2022 11:18
Analytics
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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