Following Russia's seizure and annexation of Ukrain's Crimean Peninsula in March 2014 and the Kremlin's subsiquent invasion of Easten Ukraine, Ukraine in now facing its highest inflation this year since 1996. The country's economy shrank 6.8 percent in 2014 and Russia's invasion is responsible for wiping it around some 20% of Ukraines industrial assets, not to mention in excess of 8,000 lives.