Lots of sanctions, fear, anger, and more economic troubles everywhere. Increased food and fuel costs.
Refugees flood out of Ukraine into nearby countries. Humanitarian crisis and calls for international aid / assistance.
More COVID outbreaks due to refugees and bad living conditions.
Other eastern European nations will be interested in joining NATO or some kind of security pact so the same thing does not happen to them.
In short, bad for everyone.
The vast majority of both Russian government revenue and Russian export earnings is energy and energy royalties.
Russia’s foreign policy is optimised for tension rather than war.
War is expensive.
Tension, beneath the threshold of war, enhances profit and influence for Putin and Russia.
Lots of sanctions, fear, anger, and more economic troubles everywhere. Increased food and fuel costs.
Refugees flood out of Ukraine into nearby countries. Humanitarian crisis and calls for international aid / assistance.
More COVID outbreaks due to refugees and bad living conditions.
Other eastern European nations will be interested in joining NATO or some kind of security pact so the same thing does not happen to them.
In short, bad for everyone.