How Russia’s Invasion Could Hit You in the Wallet
Russia has initiated military aggression in Ukraine, leading countries and markets across the globe to respond with economic sanctions. While Americans are already currently dealing with surging gas prices, President Biden has assured the country that despite the conflict, gas flowing and mitigating pain at the pump are among his top priorities. Charles Payne, host of ‘Making Money with Charles Payne’ on FOX Business Network joins the Rundown to explain how countries are dealing with rising prices, the potential effect a war in Ukraine could have on interest rates, and advice for Americans about how to prepare for economic changes.
On Thursday, as Russia launched a full-scale invasion of Ukraine, Taiwan was on high alert as Chinese fighter jets flew through their island’s air defense zone. The U.S. is currently dealing with the military expansion ambitions of Russian President Vladimir Putin, but must not lose sight of China which is likely eyeing the invasion of Ukraine as a blueprint for Taiwan. President of Eurasia Group of GZERO Media Ian Bremmer joins to break down why China stands to lose more from invading Taiwan than Russia does from invading Ukraine, whether China can be convinced to condemn Russia and the effectiveness of sanctions in curbing hostilities of foreign adversaries.
