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Macro-Advisory.“We
(That’s) something that was certainly never permitted in Soviet times during Pax Atomica, when the two sides understood that the ensuing damage was completely unthinkable,” he wrote.“Now that understanding is waning, and that is yet another sign of the anthropological disaster Russia is facing,” he said.The economic consequences have yet to fully play out.In the early days of the war, the Russian ruble lost half its value. They’re waiting to see what happens next,” he explained.Those companies will soon be pressed to resolve the limbo that their Russian businesses are in, Weafer said.“We are now getting to the stage where companies are starting to run out of time, or maybe run out of patience,” he said.___Follow all AP stories on the war in Ukraine at https://apnews.com/hub/russia-ukraine.
As said here by The Associated Press