Russian drone swarms have been able to penetrate as far as northern France; they have the range to strike the UK directly and they have repeatedly been provoking tensions and infiltrating NATO airspace with suicide drones and jet aircraft; they pose an active risk to NATO security, so supporting Ukraine for both purposes of keeping Russia further away as well as learning from the combat on the ground AND for ensuring that a strong, anti-Russian liberal democracy other than Poland can properly develop itself in the region is crucial to the long term security of NATO and Europe as a whole.
The Global Inflation Crisis largely began due to the Russo-Ukraine war strangling fuel and grain exports from Ukraine and Russia through the Black Sea as both countries attacked each other's shipping; 31% of the world's grain comes from the two countries, and 12% of the world's fuel comes from Russia. Much of the issues with inflation are because the economies of the world are interconnected to the point that small changes across the world (e.g. in Australia) can have direct and severe impacts on us here in the UK; even the countries which have managed the cost of living crisis superbly (such AS Australia) have still suffered tremendously from it. For economic purposes, Ukraine is far more in favour of free trade than Russia and has not used economic leverage to "get its way" on the global stage. By comparison, Russia has used its economic leverage both during and before the Ukraine war to inflict economic chaos and pressure other countries into adopting policies it wants/abandoning policies it dislikes, particularly in Central Asia, the Caucasus, Africa and even parts of Europe.
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