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Ukraine: How dangerous is it for the world’s commodities markets?

Posted on 03 March 2014

At the time of this writing, tensions in Ukraine are escalating, with the US asking Russia to withdraw armed forces from Crimea and Europe on red alert. While Ukraine never had a simple political/geopolitical/economic situation for many centuries (Kiev is considered to be the first capital of Russia since the middle ages), the latest escalation took place in November 2013, when the now dismissed President, Mr. Janoukouvitch, decided to stop (economic) discussions with Europe.
It chose to rely on Russia for help (financial help in addition to lower gas prices). The current Ukrainian crisis is between Russia and Europe, and it could have profound consequences………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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