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Global Economy Braces for Impact of Russia’s War on Ukraine
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Soaring commodity prices, sweeping financial sanctions and the potential for a ban on energy imports from Russia after it invaded Ukraine are threatening to hobble a global economy still weakened by the Covid-19 pandemic. They are also complicating the task of central banks that had been preparing to phase out easy money.
On both sides of the Atlantic, inflation is at levels that haven’t been seen for decades, and still rising. Global stock markets are wilting and the dollar is surging against other currencies as investors rush for the safety of U.S. assets.
Read more on wsj.comAbout this in other media
Why Russia’s attack on Ukraine is both good and bad for crypto fnlondon.com /2 years ago
What is life like for Westerners in Russia amid the war in Ukraine? euronews.com /2 years ago
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