World economy
I look to it that the war affecting the economy of every country and with research about it , Al-Jazeera gave detail of how some countries is affected and if the war did not stop , more of the country will keep suffering. Russia is part of the biggest supplier in oil and the short suorpply is affecting the world. The war is affecting the europe countries hard because two countries in the war are two big supplies to europe. Russia cut supply of oil to euro and that affecting production, gas use. The Ukraine economy supply large amount of iron, steel, ore,stag and ash to the world and euro now in shortage include animal vegetable fats and oil to euro and the other countries.
This is hard time for economy to survive what is your thinking about the collapsing of world economy with highing inflation.
I look to it that the war affecting the economy of every country and with research about it , Al-Jazeera gave detail of how some countries is affected and if the war did not stop , more of the country will keep suffering. Russia is part of the biggest supplier in oil and the short suorpply is affecting the world. The war is affecting the europe countries hard because two countries in the war are two big supplies to europe. Russia cut supply of oil to euro and that affecting production, gas use. The Ukraine economy supply large amount of iron, steel, ore,stag and ash to the world and euro now in shortage include animal vegetable fats and oil to euro and the other countries.
This is hard time for economy to survive what is your thinking about the collapsing of world economy with highing inflation.
The whole world is suffering because both Russia and Ukraine are global exporters of natural resources and goods. Not only that, but Europe depends heavily on Russia's gas and energy supplies to survive. With sanctions taking place after the war, Russia's decision to limit gas & energy supplies to Europe has greatly affected its economy. I guess sanctions really backfired like Putin once warned. Now it's up to global powers to put an end to the conflict or things will only get worse in the long run.
We were merely living with COVID-19, but now the war has taken away our hopes of seeing the global economy restored back to its former glory. And don't let me get started with the potential war between China and Taiwan. If that blows up, then the world economy will die to a point where there's no room for recovery. These are uncertain times we're living into, so it's better to be prepared before it's too late. Just my thoughts
