The use of a nuclear weapon by Russia in Ukraine would plunge the global economy into chaos, leading to food insecurity and high inflation, according to a declassified national security document.
The National Intelligence Council’s (NIC) memorandum from November 2022, titled “Potential Global Economic Consequences of a Use by Russia of Nuclear Weapons in Ukraine,” was declassified by Director of National Intelligence Avril Haines in September.
The NIC, established in 1979, reports to the Office of the Director of National Intelligence and bridges the Intelligence Community with policy makers in the United States.
Unsurprisingly, the document states that a nuclear attack on Ukraine would trigger long-term global financial instability, push emerging markets into default, and lead to food insecurity.