{"id":26315,"date":"2022-02-14T21:00:00","date_gmt":"2022-02-14T20:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=26315"},"modified":"2022-02-24T15:11:51","modified_gmt":"2022-02-24T14:11:51","slug":"conflict-ukraine-affect-us","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/conflict-ukraine-affect-us\/","title":{"rendered":"How does the conflict in Ukraine affect us?"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>The geopolitical adventurism between the United States and Russia in Ukraine is far removed from us. However, it is a conflict with economic consequences that are already affecting us. Agent 11Onze Xavi Vi\u00f1olas, an expert in geopolitics, explains what they are.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The escalation of tension between Russia and the United States on the Ukrainian chessboard is of great concern to certain sectors of the European economy. Heavy industry, the fruit \u2014mainly citrus fruit\u2014 and vegetable sectors, and the wine and oil industries have already warned that, <\/span><b>if sanctions are imposed on Russia, exports could be harmed and there could be a rise in the price of raw materials<\/b><span style=\"font-weight: 400;\">, which could lead to a drop in production. These concerns are all the more relevant as Europe seeks to put the pandemic crisis behind it, which has left many sectors shivering.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fears of these sectors are well founded. The effects of the <\/span><a href=\"https:\/\/2009-2017.state.gov\/e\/eb\/tfs\/spi\/ukrainerussia\/index.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">sanctions<\/span><\/a><span style=\"font-weight: 400;\"> that the last two American administrations imposed on Russia after it supported Crimea politically and militarily in 2014 to gain independence from a Ukraine that had turned its sympathies towards the United States and NATO are still very much in the forefront of their minds. These punishments, and the <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-13\/u-s-pushes-europe-to-sort-sanctions-plan-with-wary-eye-on-putin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">pressure<\/span><\/a><span style=\"font-weight: 400;\"> exerted by the US on the European Union (EU) to follow its orders, highlight<\/span><b> the risks for Spain and the rest of the EU of taking part in this game of hard-power economic-political imperialism<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>The rise in the price of raw materials<\/b><span style=\"font-weight: 400;\"> such as aluminium, which occurred with the sanctions in force, could extend to metals such as nickel, copper, palladium and platinum, of which Russia is an important producer, and which are suffering historic price <\/span><a href=\"https:\/\/www.11onze.cat\/magazine\/or-refugi-davant-crisis\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">rises<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><b>The veto on the fruit and vegetable sectors<\/b><span style=\"font-weight: 400;\">, imposed by Russia in 2014, and which now see the hope of a return to the pre-conflict level of exports fading,<\/span><b> are just one example of the possible economic repercussions of this crisis that could affect Spain<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Agricultural organisations in the wine and olive oil sectors have also expressed their <\/b><a href=\"https:\/\/www.youtube.com\/watch?v=spkaX5OAqyE\" target=\"_blank\" rel=\"noopener\"><b>concern<\/b><\/a><span style=\"font-weight: 400;\"> over possible new sanctions. For this reason, they have asked the EU for measures to guarantee market stability, or to compensate for losses due to exports to Russia that have not been replaced by other markets.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>The gas conflict<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Beyond the economic consequences in the various sectors, <\/span><b>behind the tension between Russia and the United States there is also the gas conflict<\/b><span style=\"font-weight: 400;\">. If the flow of oil into the old continent through pipelines was already one of the main triggers of the conflict that took place in <\/span><a href=\"https:\/\/www.theguardian.com\/world\/2009\/sep\/30\/georgia-attacks-unjustifiable-eu\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Georgia<\/span><\/a><span style=\"font-weight: 400;\"> in 2009, the same can be said if we talk about gas and pipelines in the case of Ukraine.<\/span><\/p>\n<p><b>The United States\u2019 staunch opposition to <\/b><a href=\"https:\/\/ca.wikipedia.org\/wiki\/Nord_Stream\" target=\"_blank\" rel=\"noopener\"><b>Nord Stream 2<\/b><\/a> <span style=\"font-weight: 400;\">\u2014and the consequent imposition of sanctions on Europe for refusing to follow Washington\u2019s directives to cancel the project\u2014, coupled with tensions in Ukraine, <\/span><b>has been instrumental in driving up energy prices<\/b><span style=\"font-weight: 400;\">. And this rise, on the other hand, also benefits imports of much more expensive liquefied gas from the US to Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An escalation of the conflict could also have <\/span><b>an impact on Russian oil production, either by choice or by inability, which would drive up oil prices<\/b><span style=\"font-weight: 400;\"> at a time of runaway inflation and when many countries are just beginning to see an economic recovery after the Covid-19 crisis.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>The new cold war<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">We cannot forget that <\/span><b>geopolitical tension on Russia\u2019s borders goes back a long way. Specifically, in Ukraine it has its closest roots in the 2014 electoral fraud<\/b><span style=\"font-weight: 400;\"> \u2014which some analysts consider to be a real \u201ccoup d\u2019\u00e9tat.\u201d It was then that the current Ukrainian leadership came to power, with well-founded suspicions of active US collaboration. A good example of this complicity is the <\/span><a href=\"https:\/\/www.bbc.com\/news\/world-europe-26079957\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">expletive<\/span><\/a><span style=\"font-weight: 400;\"> \u2014the famous \u201cFuck the EU!\u201d\u2014 that US Under-Secretary of State Victoria Nuland directed at the European Union when it refused to support them.<\/span><\/p>\n<p><b>These elections spurred a declaration of independence by the then Russian-speaking Ukrainian provinces of Donetsk and Luhansk<\/b><span style=\"font-weight: 400;\">, powerful industrial zones that Ukraine had to accept that it was losing without remedy, just as it did with the Crimean peninsula and the autonomous city of Sevastopol. This was one of the last responses of part of the citizenry against the oligarchy that had forcibly imposed itself on power, with the interference of the administration led by Barack Obama.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The mistrust of some Ukrainians was, in fact, more than justified. Up to three members of the Ukrainian government that was installed after the elections were<\/span><b> foreign ministers who, according to international media such as the <\/b><a href=\"https:\/\/www.bbc.com\/news\/world-europe-30348945\" target=\"_blank\" rel=\"noopener\"><b>BBC<\/b><\/a><b>, were said to represent the interests of US lobbies<\/b><span style=\"font-weight: 400;\">. Since then, the tug-of-war between the Ukrainian government and Russia has continued.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the one hand, <\/span><b>Russia feels the danger of an offensive against Donetsk and Luhansk<\/b><span style=\"font-weight: 400;\">, and this has justified some of the Russian troop movements on the Ukrainian borders. Moscow fears a repeat of the events of last April, contrary to the <\/span><a href=\"https:\/\/ca.wikipedia.org\/wiki\/Minsk_II\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Minsk Agreements<\/span><\/a><span style=\"font-weight: 400;\"> \u2014signed by Germany, Russia, France and Ukraine in 2015 to alleviate the civil war that erupted in the country after the fateful elections.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And, on the other hand, <\/span><b>Ukraine has expressed fears of a rapid Russian invasion of its territory<\/b><span style=\"font-weight: 400;\"> in the wake of these Russian movements on the border, a narrative fuelled by the United States. It is this latter fact that has led to the current escalation of tension and has justified the US and its allies\u2019 increased military support for Ukraine. In this context, <\/span><b>diplomatic efforts are proving fruitless so far, despite Russia\u2019s announcement of a gradual withdrawal <\/b><span style=\"font-weight: 400;\">of troops on Ukraine\u2019s borders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the end, what <\/span><b>the latest episodes in Ukraine show is that a new cold war is underway<\/b><span style=\"font-weight: 400;\">. The background to all this is that Russia feels really threatened by the proximity of NATO \u2014which has become the global agency of American interests\u2014 on its borders: not only by the military deployment, but also by the entry into the Atlantic organisation of Baltic countries that were historically part of the Russian orbit; and to which Georgia and Ukraine now want to be added.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It must be understood that bringing all these countries bordering Russia under NATO\u2019s influence is a strategic plan by Washington, which has been in breach, almost from the outset, of the commitments it made to Boris Yeltsin not to control and covet Russia\u2019s borders after Perestroika. Several declassified <\/span><a href=\"https:\/\/nsarchive.gwu.edu\/briefing-book\/russia-programs\/2018-03-16\/nato-expansion-what-yeltsin-heard#_ednref8\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">documents<\/span><\/a><span style=\"font-weight: 400;\"> show how, <\/span><b>at the same time that Clinton was negotiating with Yeltsin, the United States was already planning a strategic rapprochement outside the limits of the agreement with Moscow<\/b><span style=\"font-weight: 400;\">. Even so, the military confrontations between these two world powers in Europe \u2014first in Georgia, and now in Ukraine\u2014 have made Moscow\u2019s red <\/span><a href=\"https:\/\/www.lavanguardia.com\/encatala\/20211208\/7914931\/putin-transmet-biden-primera-linia-vermella-l-otan-fora-d-ucraina.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">lines<\/span><\/a><span style=\"font-weight: 400;\"> very clear.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, we cannot ignore the fact that<\/span><b> this scenario is doubly complicated, if we take into account that the sovereign debt crisis <\/b><span style=\"font-weight: 400;\">has exhausted many of the tools that central banks had to stimulate the economy, and that it makes us question the \u2018cui bono\u2019 behind the actors fuelling this conflict.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>11Onze is the fintech community of Catalonia. Open an account by downloading the super app El Canut on <\/b><a href=\"https:\/\/bit.ly\/2YlbZAf\" target=\"_blank\" rel=\"noopener\"><b>Android<\/b><\/a><b> and <\/b><a href=\"https:\/\/bit.ly\/Onze-IOS\" target=\"_blank\" rel=\"noopener\"><b>Apple<\/b><\/a><b> and join the revolution!<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>If you liked this article, we recommend you read:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/2022-year-big-crisis\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/01\/VISUALS_PODCAST_THUMBNAIL_PSN_JAMES.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>2022: the year of the big crisis<\/strong><\/p>\n              <span class=\"card-time\">6 min read<\/span>\n              <p class=\"card-text small\">The scenario we will face in 2022 can be scary.<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/carbon-bubble-bring-down-banks\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/01\/THUMBNAIL_BOMBOLLA_CARBONI_FARA_CAURE_BANCS-800x450.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Finances<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Will the carbon bubble bring down the banks?<\/strong><\/p>\n              <span class=\"card-time\">3 min read<\/span>\n              <p class=\"card-text small\">Climate change comes with a rise in taxes and emission rights<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/clean-hydrogen-real-alternative\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/01\/HEROIMAGE_HIDROGEN_ENERGIA_FUTUR-800x320.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Sustainability<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Clean hydrogen, a real alternative?<\/strong><\/p>\n              <span class=\"card-time\">3 min read<\/span>\n              <p class=\"card-text small\">Clean hydrogen is presented as the fuel of the future, promising<\/p>\n            <\/div>\n          <\/div>\n\n              <\/div>\n              <br>\n              <br>\n              <div class=\"cards__wrapper\">\n\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":71,"featured_media":26082,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[178],"class_list":["post-26315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-cultue"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How does the conflict in Ukraine affect us? - 11Onze<\/title>\n<meta name=\"description\" content=\"The conflict in Ukraine is far from us. 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