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Russia-Ukraine escalation
Wednesday 23 February 2022
Market News
After weeks of rising tensions at the Russia-Ukraine border, Russia took a step, further recognising the two separatist republics of Luhansk and Donetesk and moving “peacekeeping forces” into the region. While this move was somewhat expected, it certainly adds further uncertainty regarding the economic path ahead and financial market performance.
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Comment by Monica Defend, Amundi's Global Head of Research.