Inflation is now sitting at a four-decade high of 7.5%, but some fear it could get even worse. Russia’s push into Ukraine has forced Western allies to slap major economic sanctions on Russian banks and financial institutions. Sanctions on Russian energy could send oil prices above $125 per barrel which would almost certainly stall economic growth and lead to rising unemployment. Russian forces launched their long-feared attack on Ukraine , and the crisis keeps getting worse at every turn. According to Russia, its first day of the Ukraine invasion had achieved all its goals, with Russian forces managing to destroy 83 land-based Ukrainian targets. On the other hand, official sources have reported 203 attacks by Russia on its western neighbor on the first day. Ukraine appears overwhelmed, with the country’s defense minister urging citizens to fight back with Molotov cocktails. On Thursday, the United States, Canada, and the UK […]