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What will be the economic impact of Russia's nuclear drills by the end of 2024?
3
Vladimir Putin•Russian•Western•Southern Military District•Russia•Putin•NATO•Steadfast Defender exercise•Cold War•French•Emmanuel Macron•Ukraine
Resolution / Starting Odds
Significant economic sanctions imposed by multiple countries • 33%
Minor or no new economic sanctions • 33%
Economic boost due to increased military spending • 34%
Economic reports from major financial institutions or analysis by credible economic research entities
Story
Putin Orders Tactical Nuclear Drills in Response to NATO's Steadfast Defender
May 6, 2024, 08:04 AM
Russian President Vladimir Putin has ordered the Russian military to conduct nuclear weapon drills involving tactical nuclear weapons, in response to perceived Western provocations. These exercises, scheduled to involve missile units, naval forces, and aviation from the Southern Military District, aim to ensure Russia's security and practice the operational use of non-strategic nuclear weapons. This action coincides with Putin's inauguration for a fifth term and follows NATO's ongoing Steadfast Defender exercise, its largest since the Cold War. The drills are partly a reaction to comments by French President Emmanuel Macron regarding NATO's involvement in Ukraine.
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New sanctions by the USA • 33%
New sanctions by the EU • 33%
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Minimal impact • 34%
Significant drop in global stock markets • 25%
Increase in oil prices • 25%
Rise in defense stocks • 25%
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Economic sanctions • 33%
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Strained global supply chains • 25%
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New sanctions on Russia • 33%
Diplomatic negotiations • 33%
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Significant trade restrictions • 25%
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