As global tensions reach levels not seen since the Cold War, UFO believers are crossing their fingers hoping that aliens will step in to save the world from nuclear conflict.

Crippling sanctions imposed by the global community in response to Moscow’s invasion of Ukraine have wreaked havoc on Russia’s economy, raising fears that an increasingly isolated Vladimir Putin could resort to nuclear weapons.

Mr Putin put the country’s nuclear forces on “high alert” last month for the first time since the 1960s in response to Western sanctions, which the Russian leader later described as “akin to a declaration of war”.

Increasingly drastic measures by the US including the banning of Russian oil, gas and coal imports, and widespread boycotts by Western companies, have crashed the Russian rouble and the country’s financial system.

Investors are now raising the risk of Russia using nuclear weapons, the Australian Financial Review reported on Friday, citing comments by billionaire hedge fund manager Ray Dalio and analysis from BCA Research, which put the chance in the next 12 months at 10 per cent.

“If Putin concludes he has no future, the risk is he will decide that no one else should have a future either,” said BCA global chief strategist Peter Berezin.

Nick Pope, who previously investigated UFO reports at the UK’s Ministry of Defence, told Metro there was the “widespread belief” within the community that aliens had “switched off” nuclear devices in the past.

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