Ukraine Update – Warning Signs Rise from Russia ⚔

Ukraine Update – Warning Signs Rise from Russia

At the start of this year, Russia invaded Ukraine, sparking news coverage around the world. From the news to social media, even here in the Invstr Crunch, strong opinions filled the internet. Now, nearly a year into the fighting, what is happening in Ukraine? For one, the fighting is still intense and raging on. Ukrainian President Zelensky explained himself on Wednesday that Russian forces were destroying “everything in front of them” and that “city after city” in Donbas in eastern Ukraine was being destroyed. According to Zelensky, “There is no calm on the front line. There is nothing easy and simple. Every day and every meter is fought for extremely hard.”

Considering the pressure, the U.S. seems to be piling on support for Ukraine over the past few months: training thousands of Ukrainian troops in Germany on how to use new defense weapons and more. More recently, the Biden Administration has been putting the final touches on their plan to send a Patriot missile system to Ukraine. The surface-to-air defense system would help Ukraine repel Russian aerial attacks. Russia has hit back with a reply, explaining that the move is a provocation that could lead to “unpredictable consequences.”

What do you think about the warning from Russia? How will the next chapter of the war direct markets?

Want to learn how to invest? Download the Invstr app, where you can play Fantasy Finance and manage a virtual investment portfolio or open a brokerage account and invest for real. Take our interactive investing course on Invstr Academy and become a better investor today!

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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