| Summary/Abstract |
The article discusses the causes and likely global consequences of the
military standoff between Russia and Ukraine, which constitutes the most
acute phase of the geopolitical confrontation between Russia and the West.
The Russian leadership’s decision to launch a special military operation
in Ukraine is analyzed using the conception of ontological security.
The economic and financial consequences of this conflict may lead to a
breakdown of the current model of globalization and facilitate a transition
to a model of double global circulation between major centers of political
and economic influence.
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