Russian stocks plunged and the ruble slid closer to a record low on Tuesday as investors reacted to President Vladimir Putin’s decision to order troops into eastern Ukraine. Source: Moscow is already paying a financial price for its aggression
As oil rapidly approaches $100 a barrel, JPMorgan warned Tuesday that a spike in energy prices and other ripple effects from the Russia-Ukraine crisis could hurt both the stock market and the economic recovery. Source: Energy price shock from the Russia-Ukraine crisis could hurt the economy