Once again, a professor of Russian history says, ordinary Russians will be “the ones who shoulder the daily burden.”

For 15 years the EU has been talking about decreasing its dependence on Russia’s gas and oil, but it didn’t do it intime.

“So long as Putin continues to be president of Russia, Russia will not be able to benefit from the global economy,” said the Atlantic Council’s Eddie Fishman.

The invasion has introduced a lot of unknowns for global trade, financial markets and national economies. It’s also a blow to the pandemic recovery.

Ukraine had encountered cyberattacks to its infrastructure in the weeks leading up to the invasion.

Together, Russia and Ukraine supply a large part the world’s wheat and corn exports.

The British government has threatened to freeze Russian oligarchs’ property in the U.K. if Russia invades Ukraine. Is the threat credible?

The threat undermines “Ukraine’s position on international markets” said the Atlantic Council’s Peter Dickinson. “Companies can’t finance themselves.”

More than one-third of Europe’s natural gas supplies come from Russia.

Russia supplies much of Europe’s natural gas through pipelines in Ukraine. But energy diversification may reduce Russia’s leverage.