Russian stocks crash on signs Putin may escalate Ukraine war with military mobilization and Ukraine

[sneakypete]

  Russian stocks plunged Tuesday on signs that Moscow may escalate its war on Ukraine.
Lawmakers are advancing legislation to heighten punishments for military crimes, raising fears of full mobilization.
Russian officials also announced plans to hold sham annexation votes in occupied parts of Ukraine.
Russian stocks fell Tuesday on signs that President Vladimir Putin could escalate his war on Ukraine after his military suffered a stunning rout earlier this month.

New legislation in Russia's parliament would heighten punishment for military crimes, such as desertion, damage to military property, and insubordination, raising fears it could lead to a full mobilization later.

Some hard-line lawmakers have been calling for an expansion of the military draft since it gave up huge swaths of territory in eastern Ukraine.

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https://www.msn.com/en-us/news/world/russian-stocks-crash-on-signs-putin-may-escalate-ukraine-war-with-military-mobilization-and-ukraine-annexation/ar-AA1235GS?ocid=msedgdhp&pc=U531&cvid=50a0c7c45fc54cd8a82ff3afb77001c1