World Bank President Warns Russia Invasion of Ukraine Could Impact Global Economy

World Bank President David Malpass attends the U.N. Climate Change Conference (COP26) in Glasgow, Scotland, on Nov. 3, 2021. Yves Herman/Reuters

The President of the World Bank David Malpass has warned that Russia’s invasion of Ukraine could potentially impact the global economy, including Russia itself.

Appearing on CBS' “Face the Nation” on Sunday, Malpass said the invasion could affect the Russian ruble and as a consequence, the people of Russia.