While a deal or a limited invasion of Ukraine seems more likely, everyone thinks the worst. The result would be a rise in the price of gold and grain. Much like a disaster in Europe, says the international security expert.
With NATO member states, as well as Russia, withdrawing their diplomats from Kiev, a war in Europe, the likes of which has not been seen since World War II, looks ever closer. As much as the Kremlin complains that “hysteria has reached its peak”, in the words of one of its top foreign policy advisers, Yuri Ushakov, tensions are running high. And the United States warns that “the Russians are in a position to mount a major military action in Ukraine,” and that it could happen “any day,” Jake Sullivan, a US national security adviser, said at a press conference.