The world is on edge! Putin may start a nuclear war.

Russian President Vladimir Putin has approved the Nuclear Doctrine regulation. According to this regulation, Russia announced that it could respond with nuclear weapons against ballistic threats if it deems itself to be under critical threat. The document bearing Putin's signature, published on the official website of the Russian government, alters Russia's commitment that it will not launch its own nuclear weapons without the use of nuclear weapons. With this document, Russia has officially expressed that it could initiate a nuclear war.

EDGE OF THE KNIFE DOCTRINE

The new doctrine encompasses attacks carried out by ballistic missiles, unmanned aerial vehicles, or other aircraft. If these attacks threaten the integrity of the country, Putin may launch nuclear weapons. The new Nuclear Doctrine states that any attack on Russia by a member country of a coalition will be considered an attack organized by the entire coalition.

CAME AFTER BIDEN'S DECISION

This update to the nuclear doctrine came after U.S. President Joe Biden allowed Ukraine to carry out attacks within Russian territory using long-range NATO missiles before leaving the Presidential seat on January 20. In this context, if Ukraine uses long-range NATO missiles within Russian territory, including the Kursk region, it may face a nuclear response. Considering that nuclear missile silos around the world are monitored by other countries 24 hours a day, Russia's nuclear response could also prompt similar responses from other countries.

IMMEDIATELY AFFECTED THE ECONOMY

Following Putin's signing of the doctrine, there was an increase in safe-haven assets due to concerns that the risk of conflict would rise. Investors turned to government bonds, the Japanese yen, and gold.