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Mar 23, 2022

Russia’s invasion of Ukraine is getting expensive

The longer Russia’s invasion of Ukraine drags on, the higher the actual cost — in rubles and kopecks — of keeping the assault going. While it’s hard to pin down the cost of the conflict, experts say it has to be much more than what was expected. Susan Schmidt offers up her take on today’s market activity. Water levels are historically low at Lake Powell, the Colorado River reservoir that provides hydropower to seven western states via the Glen Canyon Dam. That could eventually lead to an energy crisis.

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From the costs for weapons and tanks to food, the invasion of Ukraine is likely costing Russia more than it anticipated.
From the costs for weapons and tanks to food, the invasion of Ukraine is likely costing Russia more than it anticipated.
AFP via Getty Images

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