1. Summary of the Ukrainian-Russian Conflict
... to an October 2014 estimate by the World Bank, the economy of Ukraine contracted by 8% during the year 2014 as a result of the crisis. Economic sanctions imposed on Russia by western nations contributed to the collapse in value of the Russian rouble, and the resulting Russian financial crisis. The war in Donbass caused a coal shortage in Ukraine, as the Donbass region ... December 2014. Proposed new pipeline to Turkey, with an annual capacity around 63 billion cubic metres (bcm), will carry natural gas to Europe completely bypassing Ukraine as a traditional transit hub for Russi...
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- Approx Pages: 5
- Grade Level: Graduate