On 21 February, Russia asserted its view on the independence of the Donetsk People’s Republic and the Luhansk People’s Republic and began mobilising troops to conduct peacekeeping operations in these areas. This was a violation of Ukraine’s sovereignty and independence, the Minsk agreement, and has been widely denounced by the West. Subsequently, Russia has instigated military strikes on Ukraine and has invaded.
Whilst far from our own shores, the impact of this military action will have ripples around the world.
Read a perspective from our research team at ThreeSixty Research, which provides insight on how financial markets may react to this news here.