I think the event will have minimal effect on global or regional economy.
This is hard to say. Experts are talking about possibilities of economy sanction as the first step of "war". At least the smaller country will be under the pressure.
We're under pressure alright. My dad and I are already planning about what happens when war does break out.
Some officials, on the other hand, are instead urging bilateral talks and keeping calm.
Yeah, I'm part of the smaller country.