Post
Topic
Board Economics
Re: The impact of war on global economy.
by
DrBeer
on 18/11/2023, 13:45:41 UTC

Yes, you are absolutely right. If we see Russia Ukraine war then we can see its impact on global economy. Ukraine is the Europe's largest country by land area entirely in Europe and it plays a crucial role in global trade. Europe is called the bread basket of the Europe because it is highly fertile soil. Ukraine is the world's 5th largest exporter of the wheat, 4th largest exporter of corn and barley. It also top exporter of the seed oil but cause of this war world is facing problems as Russia faces sever internationals sanctions for its invasion and as a result shortage and higher prices in key sectors are likely to be felt all over the world.
In preparation for the invasion of Ukraine, Russia had already planned in advance to steal Ukrainian grain reserves and create an artificial food problem for the residents of Ukraine.

When Russian tanks crossed the Ukrainian border on February 24, 2022, they deliberately targeted grain-rich areas and food production infrastructure, according to a new report from global human rights law firm Global Rights Compliance (GRC).

GRC discovered that the Russian defense contractor began purchasing grain trucks, as well as three new 170-meter bulk carriers, as early as December 2021. This indicates a plan to steal Ukrainian food “on an unprecedented scale.” Russia began seizing Ukrainian farms less than a week after the invasion and at its peak was exporting 12,000 tons of grain daily from all occupied territories. The market value of grain stolen in Ukraine is about $1 billion a year. According to GRC, many private Ukrainian grain companies were forcibly included in the Russian state operator.
In this regard, Russian dictator Putin may receive another warrant for his arrest from the International Criminal Court in The Hague.

According to The Independent, due to the war that broke out in Ukraine, Russia caused a global food crisis that affected millions of people, since before the war Ukraine was the world's largest producer of wheat.

https://tsn.ua/ru/svit/planirovali-golod-v-ukraine-putin-mozhet-poluchit-novyy-order-na-arest-ot-gaagi-2451979.html

And not just grain. In general, RASHIZM itself is an ideology of murderers, thieves and looters. They have been proving this "successfully" since the Soviet era.

In addition to grain, plundering of territories, looting of private apartments and houses, the terrorist country has stolen entire factories in Ukraine! There are many reasons for this, but one of the main ones is Russia's backwardness in some areas of industry and high dependence on imported components.

Here is a small list of what Russia has destroyed and stolen:

Luhansk Electromachinery Plant. Condition: stolen for scrap metal, part of the equipment was taken to Russia
Luhansk Machine-Building Plant (Luhansk Machine-Builder-43) Status: destroyed, equipment taken to Russia.
Stakhanov Ferroalloy Plant Status: militants' base on the territory. Part of the equipment was taken to Russia, cut into scrap metal and melted down at the Alchevsk Iron and Steel Works;
Stakhanov Carriage Works Status: on the territory of militants' base, equipment taken to Russia.
Yasynuvata Machine-Building Plant Status: destroyed, equipment taken to Russia.
Topaz Holding Company Status: fortified area, militants' base, all equipment taken to Russia.
Lutuhyne Research and Production Rolling Plant Status: plant destroyed, equipment taken to Russia.
Luhansk Cartridge Plant Status: terrorists' equipment repair base, deployment point, all equipment taken to Russia.
Machine-building plant "100"[1] Status: 90% of the equipment has been taken to Russia, a militant base.
Yunist plant Krasnodon-Luhansk Status: militants' base, equipment completely removed to Russia.
Luhansk Chemical and Pharmaceutical Plant[2] Status: the plant was destroyed, equipment was taken to Russia.
Luhansk plant of heat engineering equipment[3] Status: the plant was destroyed, the equipment was taken to Russia
Luhansk Automobile Valve Plant[4] Condition: stolen, cut into scrap metal
Luhansk Automobile Radiator Plant Condition: looted, cut into scrap metal
Khartsyzsk Machine-Building Plant Status: plant destroyed, equipment exported to Russia
"LugaTerm Condition: stolen for scrap metal, part of the equipment exported to Russia
Donets State Enterprise is known for its technology for growing crystals for the microelectronics industry. Status: exported to Russia;
Polypak enterprise Status: exported to Russia;
Marshal Plant Condition: taken to Russia, the plant has a repair base and artillery parking lot;
Luhansk Pipe Rolling Plant Status: production has been halted, the plant is being cut for scrap metal;
Vtorchermet Plant Status: completely sawn up for scrap;
Bryansk Ore Repair Plant (in the town of Bryanka) Status: completely sawn up for scrap;
Chornukhino traction rolling stock depot (the so-called "car depot") Condition: cut up for scrap metal (including railcars and access roads);
Luhansk Foundry and Mechanical Plant Condition: cut into scrap metal
Rolled metal products plant "ProkatService" Condition: the plant was destroyed and the equipment was taken to Russia.
Autoclave plant Condition: stolen, cut into scrap metal
Luhansk Aircraft Repair Plant Status: taken to Russia;