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The New Daily
The New Daily
Business
Matthew Elmas

‘Remain calm’: Financial war against Russia gets hotter, but don’t panic just yet

Russia United States Ukraine Europe Tim Harcourt Moscow European Union Australia Kremlin
The US, Russia and Europe are waging a high-risk financial war over Ukraine. Photo: TND

Just over two weeks into Russia’s expanded invasion of Ukraine, two very different wars are being waged across Europe’s renewed Iron Curtain.

Moscow is waging a full-scale military war against its western neighbour, while European nations and the US are retaliating, in the main, through a growing financial war on Russia’s economy.

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