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Ukraine-Russia: The slow-burn, asymmetric, double-digit-billion clash loss

A bullet riddled the windshield of a civilian car in Bucha, Ukraine following heavy fighting between Russian and Ukrainian forces. As Russian troops withdraw from areas north of Ukraine's capital city of Kyiv Ukrainian officials call the heavy civilian ca
Photo: Alamy

The Ukraine-Russia crisis is likely to generate a low double-digit-billion, slow-burn industry loss which will serve as an overhang on market profitability for years to come.