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Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.
Russia’s economy has shown some cracks owing to inflation and overexposure by military-adjacent industries. But in sum, it has remained resilient despite the war being dragged on for three years.
In 2024, Russia was invaded for the first time since World War Two as Ukraine grabbed a slice of its western Kursk region in a surprise counter-attack on Aug. 6.
In Russia, the first round of economic sanctions in response to Russia's 2022 invasion of Ukraine had an immediate effect. The Russian stock market crashed, falling 39%, as measured by the RTS Index, on 24 February, the first day of the invasion, recovering over 26% in the following day; however, on 28 February, a Monday, the Moscow stock ...
Prime Minister Mark Rutte condemned Russia's actions in the "strongest possible terms", saying that "one country and one man are responsible", while calling for "maximum sanctions" against Russia. [196] King Willem-Alexander and Queen Máxima stated that their "hearts go out to the people of Ukraine and everyone affected by the violence."
For example, on 26 February 2022, a dam on the Irpin river near Kozarovichi village was destroyed by Russian troops, resulting in a flood that covered more than 10 kilometres (6.2 mi) and reached Horenka. [67] Any effects on the biodiversity of the Gulf of Odesa, Danube Delta, and Azov Sea, are yet to be estimated. [68]
Ukraine attacked Russia's western Kursk region on Aug. 6 and has carved out a slice of territory in the biggest foreign attack on Russia since World War Two. President Vladimir Putin said there ...
On 24 February, Morawiecki tweeted, "We must immediately respond to Russia's criminal aggression on Ukraine Europe and the free world has to stop Putin." [ 193 ] On 26 February, the Polish Football Association announced that it would not participate in a planned 24 March World Cup qualifying match against the Russian squad in Moscow. [ 194 ]