Europe problem is everyone's problem....

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Our foreign affairs minister already stated that Europe believes that their problem is world's problem while world problem is world's problem. It's bitter truth and France PM macron recently stated that Ukraine Russia war is not just Europe trouble but will extend to Asia as well. And he mean it. Because on 5th December 2022, Western nations will be imposing 8th round of sanction on Russia. This time former nations will be declaring a price cap on the various fuels, crude oils and natural gas which are exported by Russia and thus raising their economy which is directly sponsoring the Ukraine Russia war. Russia has also hiked their defence budget to curb this war menace and reached at third spot in the race of defence expenditure nations behind USA and China even dragged India behind. So to block finances to Russia, western countries are imposing these price caps. 

But unfortunately such price caps will not be acknowledged by Russia and they vividly asserted that no price cap will be accepted and importers have to go according to Russia's terms and conditions. While importing nations like India, China etc will be under huge pressure to accept USA sanction or crude oil price rise worldwide. And seriously this move will be huge. This way crude oil prices will be touching sky and worldwide inflation will be raised. Small economies will be starving and death tolls because of hunger will increase by leaps and bounds.

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