February 24, 2024

The conflict between Russia and Ukraine has lasted for two whole years as of February 24, 2024. As the most serious regional war that has broken out on European soil after the Cold War, its negative effects continue to spread.

One of the most obvious outcomes is the acceleration of economic decoupling, according to a new report by the Chongyang Institute for Financial Studies of Renmin University released this week.

The U.S. has strengthened the weaponization of economic and financial sanctions, which has increased the motivation for de-dollarization among global emerging markets, it said.

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