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Ukraine has announced the imposition of martial law after Russian President Vladimir Putin declared war.
Martial law would impose harder restrictions, which could include bans on meetings, movements, and political parties.
While ordering an invasion of Ukraine, Vladimir Putin said that Moscow does not plan to occupy Ukraine. He said the military action announced by him will seek to ‘demilitarize’ Ukraine and came in response to threats from Ukraine.
Read more: The world will hold Russia accountable: US President condemns attack on Ukraine
Moments after Russian President Vladimir Putin declared war on Ukraine, Oil and gold prices rose and stock markets crashed. The global stock exchanges are also witnessing a sharp decline. Japan, Australia, China, Singapore, and other stock exchanges fell as much as 3 percent.
Corrupt currency trading also plummeted after the Russian invasion of Ukraine. The value of the bitcoin has fallen more than 6 percent to 35 35,200.