How Russia and Ukraine fight will affect π°πͺ
It been two days of nightmare for Ukrainian citizens as Russian president Vladimir Putin proved to be merciless by launching full scale invasion of Ukraine by all means as of Thursday 24 February 2022.World leaders have called on Putin to stop the invasion but it all seems to be falling on ‘dead ears.’ European Union has already referred to it as “the darkest time for Europe since World War II”. As of Thursday night Ukraine’s president confirmed that 137 people had been killed and 316 others wounded. This can be described as the largest attack by one state against another in Europe since the Second World War and this confirms the west’s worst fears.
Kenya has bilateral relations with both Russia and Ukraine. Opinions from some of the Kenyans dictate that there won’t be serious repercussions on diplomatic ties between Kenya, Russia and Ukraine since this is a global problem.
There won’t be great implications on Kenyan economy since the implications will be more global. This is according to economic analysts. Ukrainian and Russian investments are very minimal in Kenya hence the country will only be affected indirectly. There are some import and export businesses that are carried out by the 3 countries. Kenya exports coffee, cereals and fertilizers to Russia. If conflict persist, there might be hitches over the flow of imports and exports. According to United Nations COMTRADE database on international trade, Kenya exported goods worth 75.25 million dollars to Russia in 2020. This is a huge amount that is capable of greatly affecting Kenya if lost. If the invasion intensifies Kenyan households are braced for higher energy and food costs as a result of global oil prices soaring and restricted wheat exports. The invasion could also trigger a selloff of shares, pulling down a market that was almost fully recovering from economic damage inflicted by Covid-19 pandemic.
Kenya has bilateral relations with both Russia and Ukraine. Opinions from some of the Kenyans dictate that there won’t be serious repercussions on diplomatic ties between Kenya, Russia and Ukraine since this is a global problem.
There won’t be great implications on Kenyan economy since the implications will be more global. This is according to economic analysts. Ukrainian and Russian investments are very minimal in Kenya hence the country will only be affected indirectly. There are some import and export businesses that are carried out by the 3 countries. Kenya exports coffee, cereals and fertilizers to Russia. If conflict persist, there might be hitches over the flow of imports and exports. According to United Nations COMTRADE database on international trade, Kenya exported goods worth 75.25 million dollars to Russia in 2020. This is a huge amount that is capable of greatly affecting Kenya if lost. If the invasion intensifies Kenyan households are braced for higher energy and food costs as a result of global oil prices soaring and restricted wheat exports. The invasion could also trigger a selloff of shares, pulling down a market that was almost fully recovering from economic damage inflicted by Covid-19 pandemic.
Yaani wewe ushatupatia kiangaza mbele
ReplyDeleteUko Sawa journalist
ReplyDeleteI'm still struggling to understand what situation
ReplyDeleteπ―π―
ReplyDeleteNice one
ReplyDeletegreat article
ReplyDeletegood article bro
ReplyDeleteNice one
ReplyDeleteNice
ReplyDeleteAll this just seems like a nightmare
ReplyDeleteNice article...
ReplyDeleteGreat content
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