Blood, treasure and chaos: Cost of Russia's war in Ukraine

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LONDON - Russia's Feb 24 invasion of Ukraine has left tens of thousands of dead, displaced millions and spread economic strife across the world. Following are the main impacts of the war, now in its ninth month: The war has sown death on a level not seen in Europe since World War Two. From Feb 24 to Oct 2, 6,114...

A man walks past the ruins of a building destroyed in the course of the Russia-Ukraine conflict, in Mariupol, Russian-controlled Ukraine on Nov 9, 2022.LONDON - Russia's Feb 24 invasion of Ukraine has left tens of thousands of dead, displaced millions and spread economic strife across the world.The war has sown death on a level not seen in Europe since World War Two.

Both Ukraine and Russia say the other side has sustained devastatingly high casualties. Reuters was unable to verify battlefield claims from either side. There are currently more than 7.8 million refugees from Ukraine recorded across Europe, with the biggest numbers in Poland, Russia and Germany, according to the agency's data.Besides the human losses, Ukraine has lost control of around 22 per cent of its land to Russia since the 2014 annexation of Crimea, according to Reuters calculations.

Besides the military costs, the West has tried to punish Moscow by imposing severe sanctions - the biggest shock to Russia's economy since the 1991 collapse of the Soviet Union.Russia's central bank last month improved its GDP forecast for this year to a contraction of three to 3.5 per cent from an expected four to six per cent decline previously.The economy ministry sees a contraction of 2.9 per cent this year and a 0.8 per cent fall in 2023.

 

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