ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Ukraine war

Ukraine conflict risks market fallout worse than Cuban missile crisis

Central banks fight inflation stoked by tensions, but overkill would prompt recession

TOKYO -- As tensions surrounding the Ukraine situation mount, Russia finds itself once again in a familiar, if coincidental, pattern of playing a crucial role in years that end in "2" throughout the annals of history.

In 1812, Napoleon embarked on his doomed expedition to Russia. In 1922, Russians formed the Soviet Union. And in 1962, the U.S. and Moscow faced off during the Cuban missile crisis.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more