NATO-Russia standoff amidst Ukraine crisis bring back the fears of Global crisis

Over the last few years, Russia and NATO have been caught in something of a security trap, where neither trusts the other’s intentions and thus tries to build up more military power to deter its rival. Although both think of their actions as defensive, their enemy sees pure aggression—and the cycle dangerously repeats. Tensions skyrocketed between NATO and Russia following the annexation of Crimea from Ukraine in early 2014 and the backing of a separatist uprising in east Ukraine — a move that prompted a military conflict that is still unresolved. Russia’s war games and regular military exercises have struck fear in its neighbors, including Poland and the Baltics.