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The views expressed on this podcast are those

of the participants, not of Rogers news. Financial fallout from Western sanctions on Russia over

Ukraine did not lead to a Lehman-like collapse in global financial markets, but as our

columnists say this week, there are still plenty of unknowns to fret about.

This Breaking Views podcast is sponsored by Refunditiv, a London Stock Exchange group business.

Welcome to the Views' I'm Rob Cox, the editor of Breaking Views, the Financial Commentary Arm

of Reuters News coming to you from Rome.

It's certainly a cliche, but this has been a week in which decades happen all at once.

Russia's invasion of Ukraine and the severe financial sanctions the West unveiled to punish

and perhaps try to convince President Vladimir Putin to back down sent global debt, equity,

and currency markets on edge. So far, it did not tip the financial world into a Lehman-like collapse.

But there's still many things we don't yet understand from the impact on banks, the impact on

investors, what happens in energy markets, the political responses in capitals like Beijing.

And that's all before considering what Putin himself might do militarily in response.

Here what our columnists have to say.

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