Ninjastic
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Topic
Board Economics
Re: The impact of Russian and Ukrain war on world economy
by
Soft Crem
on 17/02/2025, 18:43:37 UTC
Quote from: gantez on July 26, 2022, 01:03:27 PM

I would personally say that the world economy is in deep crisis due to high inflation.  Rising inflation has spooked investors.  The ongoing war between Russia and Ukraine is fueling this inflation, as the coronavirus pandemic continues to wreak havoc.  News of concern is coming from different countries of the world.  Consumers are getting disoriented as the prices of daily essential items including food items continue to rise.  There should be specific priority areas.  Such as taking steps to launch planned economic activities, higher allocations for health, agriculture and social security sectors, proper implementation of incentive packages and taking and implementing effective reform programs in certain specific areas including banking and tax sectors.