Just when most of the world was recovering from the economic downturn caused by the pandemic, Vladimir Putin launched his invasion of Ukraine. That new disruption reversed the recovery in some places and pushed up the cost of living everywhere.
Ukraine and Russia are the breadbaskets for much of the world. But there's little farming on the frontlines. That means prices for wheat, barley, corn are skyrocketed.
A spike in gas and oil prices has pushed up heating bills. Europe in particular has come to depend heavily on Russian gas. Berlin heats and powers with natural gas - 95 percent of which comes from Russia.
And motorists across Europe are feeling the pinch at the pump, paying about 2 euros per liter for gas, which is about 10 dollars per gallon.
The true extent of these shockwaves depends on how long the war in Ukraine lasts, and the scale of the devastation and disruption it causes. That depends on Vladimir Putin. So far, there are no signs that he will call a halt to his invasion anytime soon.
In Germany, the number of people going to food pantries has risen dramatically. Some are refugees from Ukraine, while others are people who simply no longer can afford to buy groceries.
Topic: The impact of Russian and Ukrain war on world economy - page 37. (Read 11385 times)
This is an important point. Indeed, terrorist attacks have been repeated in many locations, whether in Syria or Iraq, and ISIS declares their adoption. ISIS is still present in the Syrian scene and will be used as a last pressure card.
All this comes in conjunction with persistent Israeli efforts to cancel the agreement with Iran on its nuclear file by putting pressure on its ally America .
Rest all the countries are suffering and looking for the help.
There is so much chaos these countries have created and later there are humanitarian aid for rehabilitation
Anarchy exists where there are policies that contradict the interests of the great powers.
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There is no other explanation for these strikes, but they do not want the stolen oil tap to stop. Otherwise, why aren't the Iranian Revolutionary Guards' deployment centers in other countries such as Yemen, Iraq and Lebanon targeted? It is also noteworthy that Turkey has escalated its attacks against Kurdish groups, whether in northern Syria or in Iraq, and these groups are directly supported by America. There is a conflict of interests in the Syrian field, and this is one of the goals that they succeeded in reaching after the failure of their attempt to overthrow the regime in Syria .
They are hitting Syrian resistance positions not Iran's since they know Iran would retaliate hard and they still haven't forgotten what a dozen hypersonic missiles did to their biggest and heavily defended base while their defense systems all watch impotentlyThere is no other explanation for these strikes, but they do not want the stolen oil tap to stop. Otherwise, why aren't the Iranian Revolutionary Guards' deployment centers in other countries such as Yemen, Iraq and Lebanon targeted? It is also noteworthy that Turkey has escalated its attacks against Kurdish groups, whether in northern Syria or in Iraq, and these groups are directly supported by America. There is a conflict of interests in the Syrian field, and this is one of the goals that they succeeded in reaching after the failure of their attempt to overthrow the regime in Syria .
https://www.youtube.com/watch?v=3GWtBtkri-k
https://imgur.com/F6oQGsk
The plan is actually to leave Syria in as much chaos as they can when they are kicked out of Syria just like what they did when escaping Afghanistan. Part of that plan is to try and revive ISIS terrorists in the region.
This plan is pursued more seriously now that the oil infrastructure that US has been stealing from are targeted and the production is estimated to have decreased by at least 85%. With US casualties piling on, the cost of being there is exponentially increasing making it hard to hide them and justify the pretense.
All this comes in conjunction with persistent Israeli efforts to cancel the agreement with Iran on its nuclear file by putting pressure on its ally America .
~
There is no other explanation for these strikes, but they do not want the stolen oil tap to stop. Otherwise, why aren't the Iranian Revolutionary Guards' deployment centers in other countries such as Yemen, Iraq and Lebanon targeted? It is also noteworthy that Turkey has escalated its attacks against Kurdish groups, whether in northern Syria or in Iraq, and these groups are directly supported by America. There is a conflict of interests in the Syrian field, and this is one of the goals that they succeeded in reaching after the failure of their attempt to overthrow the regime in Syria .
They are hitting Syrian resistance positions not Iran's since they know Iran would retaliate hard and they still haven't forgotten what a dozen hypersonic missiles did to their biggest and heavily defended base while their defense systems all watch impotentlyThere is no other explanation for these strikes, but they do not want the stolen oil tap to stop. Otherwise, why aren't the Iranian Revolutionary Guards' deployment centers in other countries such as Yemen, Iraq and Lebanon targeted? It is also noteworthy that Turkey has escalated its attacks against Kurdish groups, whether in northern Syria or in Iraq, and these groups are directly supported by America. There is a conflict of interests in the Syrian field, and this is one of the goals that they succeeded in reaching after the failure of their attempt to overthrow the regime in Syria .
https://www.youtube.com/watch?v=3GWtBtkri-k
https://imgur.com/F6oQGsk
The plan is actually to leave Syria in as much chaos as they can when they are kicked out of Syria just like what they did when escaping Afghanistan. Part of that plan is to try and revive ISIS terrorists in the region.
This plan is pursued more seriously now that the oil infrastructure that US has been stealing from are targeted and the production is estimated to have decreased by at least 85%. With US casualties piling on, the cost of being there is exponentially increasing making it hard to hide them and justify the pretense.
I can't understand what is happening with Russia. Today Putin have given orders to people entering into Russia from Ukraine to be provided with all kinds of help. Even they will be given financial aids. The impact the war left all around the world is really big, as far concerned Russia is placed at a good position whereas Ukraine is suffering amidst all sort of support from World countries.
Exactly. Unless some politicians go crazy and make some stupid decision. The problem US has is that they played all their hands and they have nothing more up their sleeves. The sanctions didn't achieve what they wanted and they ran out of things they can sanction (there are individuals who have been sanctioned at least 5 times lol). They can't do anything military-wise either since their losses would be massive not to mention that oil price that could go up to $1000.
NATO is very much over-rated. They failed in third world nations such as Iraq and Afghanistan. In Syria, Bashar al Assad mopped the floor with US-backed rebels. Now imagine how will an armed confrontation against Iran or Russia will turn out to be. Russia do have nukes, so there is no question of a winner emerging out of this confrontation. Everyone will lose. In case of Iran, even without the nukes NATO will be having a hard time if they go on the offensive. So we can safely assume that the military option is ruled out.
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Yesterday, the infrastructure of the Iranian Revolutionary Guards was destroyed in Syria by American planes, and Israel,
I sometimes don't understand what the hell they're thinking in CENTCOM. The attacks against their forces has increased 400% according to their own statistics (it is a lot higher in reality) and they decide to respond to only one of them by hitting some launching vehicles, which leads to multiple US based being hit 15 times in total.Were the body bags worth it? Apparently the oil they continue to steal is more valuable than those troops they keep losing.
That is from early 2000 and it was not even using 1% of Iran's capabilities at full scenario, while it used nearly the full force of US military!
But it never happened in his life. There have been so many disputes on oil and gas that we don't even remember damage we have made to the world in the name of war
In case of Iran, even without the nukes NATO will be having a hard time if they go on the offensive.
It's actually pretty funny when you learn that US regime hasn't even been able to win against Iran in their dreams I'm talking about the biggest military exercise US had to date called the Millennium Challenge where they spent $250 million at the time (about $400 million with today's rate) with 13,500 service members in a massive area of operation and computer simulations to accompany that.
In the first run, US was defeated in 5 minutes. ROFL
They repeated the exercise many more times each time significantly restricting the other team's (Iran) capabilities. They were miserably defeated every time.
They continued this until the commander got too angry about continues defeats that he kicked the operation table and left the whole thing.
https://www.19fortyfive.com/2022/05/how-iran-defeated-the-u-s-military-in-a-war-thankfully-it-was-a-simulation/
That is from early 2000 and it was not even using 1% of Iran's capabilities at full scenario, while it used nearly the full force of US military!
Exactly. Unless some politicians go crazy and make some stupid decision. The problem US has is that they played all their hands and they have nothing more up their sleeves. The sanctions didn't achieve what they wanted and they ran out of things they can sanction (there are individuals who have been sanctioned at least 5 times lol). They can't do anything military-wise either since their losses would be massive not to mention that oil price that could go up to $1000.
NATO is very much over-rated. They failed in third world nations such as Iraq and Afghanistan. In Syria, Bashar al Assad mopped the floor with US-backed rebels. Now imagine how will an armed confrontation against Iran or Russia will turn out to be. Russia do have nukes, so there is no question of a winner emerging out of this confrontation. Everyone will lose. In case of Iran, even without the nukes NATO will be having a hard time if they go on the offensive. So we can safely assume that the military option is ruled out.
All of the above - Covid, the second part of the war unleashed by Russia against Ukraine (the start of the war was not in 2022, but in 2014, with the annexation of Crimea and the capture of two eastern regions of Ukraine), the oil / gas crisis, and other factors that really lead to a global crisis .
But of all the above, Covid (if it does not turn out to be a planned action for, which I also do not exclude) is a natural, "natural" problem. And everything else is the result of softness, inefficiency and cowardice of the modern international system, where a terrorist can not only kill neighbors and destroy neighboring countries, but also set conditions for the developed world, terrorizing their economy
But of all the above, Covid (if it does not turn out to be a planned action for, which I also do not exclude) is a natural, "natural" problem. And everything else is the result of softness, inefficiency and cowardice of the modern international system, where a terrorist can not only kill neighbors and destroy neighboring countries, but also set conditions for the developed world, terrorizing their economy
Yesterday, the infrastructure of the Iranian Revolutionary Guards was destroyed in Syria by American planes, and Israel,
I sometimes don't understand what the hell they're thinking in CENTCOM. The attacks against their forces has increased 400% according to their own statistics (it is a lot higher in reality) and they decide to respond to only one of them by hitting some launching vehicles, which leads to multiple US based being hit 15 times in total.Were the body bags worth it? Apparently the oil they continue to steal is more valuable than those troops they keep losing.
I really doubt whether Iran will be in a hurry to get rid of them. Especially given the perilous situation many of the Western economies are in.
Exactly. Unless some politicians go crazy and make some stupid decision. The problem US has is that they played all their hands and they have nothing more up their sleeves. The sanctions didn't achieve what they wanted and they ran out of things they can sanction (there are individuals who have been sanctioned at least 5 times lol). They can't do anything military-wise either since their losses would be massive not to mention that oil price that could go up to $1000. 
Many people are forgetting the fact that COVID is the primary factor for the dwindling global economy while the ongoing Russia-Ukraine war is the secondary factor. This particular war just made things worse for the entire world basically.
All countries were supposed to unite in order to overcome the consequences of COVID, but that clearly didn't happen thanks to pathetic fools like Putin, Rajapaksa etc.
Am pretty confident that all economies except for the Russian and Ukrainian economics will recover pretty quickly.
All countries were supposed to unite in order to overcome the consequences of COVID, but that clearly didn't happen thanks to pathetic fools like Putin, Rajapaksa etc.
Am pretty confident that all economies except for the Russian and Ukrainian economics will recover pretty quickly.
It is true that the world's biggest problem is COVID-19, it makes all countries experience an economic crisis. Many countries are still struggling
to recover their economy, unexpectedly in 2022 there has been a war between Russia and Ukraine. This makes the world situation even worse,
especially European countries that rely on gas and energy supplies from Russia. Even Russia and Ukraine are producers of 30% of global wheat
exports, which is what ultimately causes cereal prices to rise. Ukraine and Russia are also one of the biggest exporters of other foodstuffs,
so the war between Russia and Ukraine has sent some food prices up. The impact is very much felt from the wars between Russia and Ukraine,
so war will always bring a lot of negative effects. Hopefully other countries can learn to solve problems peacefully, because we should as human
beings better help each other. Although the possibility is small, I still really hope that the war between Russia and Ukraine can end and the two
countries can make peace. However, it is the civilians of the two countries who suffer the most.
when the economy of many European countries declined, Russia with the war and sanctions they received actually profited. several European countries and several countries in other parts of the world have long been dependent on Russian oil, so their economy declines when oil supply stalls and world crude oil prices rise. crude oil is a vital commodity, the wheels of the economy will stall when the price rises or the supply stalls.
Russia is currently earning good amount of profit, because the embargo on Russian oil imports are yet to kick in (EU will be implementing it by the end of this year). Once that embargo is implemented, a lot more of the crude oil exports need to be re-routed to Asia and Russia maybe forced to provide additional discounts. Already they are negotiating with countries such as Indonesia, with offers of up to 30% discount. They will still be earning good profits, but not as much as they are earning right now.
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Russia's war with Ukraine has sent crude oil prices skyrocketing, which has benefited Putin's country. Russian crude oil is embargoed by Western countries, this makes the Red Bear Country market turn to Asia and sell at a low price. Russia continues to experience profits reaching US $ 6 billion or around Rp. 89.4 trillion per day. Based on these data, he predicts this war will last a long time because Russia still gets a lot of profit.
"Why will this war between Russia and Ukraine take so long? Because it is very profitable,"
"Why will this war between Russia and Ukraine take so long? Because it is very profitable,"
when the economy of many European countries declined, Russia with the war and sanctions they received actually profited. several European countries and several countries in other parts of the world have long been dependent on Russian oil, so their economy declines when oil supply stalls and world crude oil prices rise. crude oil is a vital commodity, the wheels of the economy will stall when the price rises or the supply stalls.
When something catastrophic happens in one country, it has the potential to affect others. In addition, we must realize that the world economy cannot be separated from politics; the two are often intertwined which we rarely consider. We may not agree with the political decision-making process of other countries, but we cannot ignore the impact of these decisions on our own financial security which in the end the collapse of the world economy with high inflation.
The whole world is also suffering the effects of the russia ukraine war. The russia ukraine war has stalled the economy and business as well as inflation around the world due to the shortage of various commodities including fuel oil, the prices of daily commodities are increasing. Low income people are in extreme trouble due to energy crisis.
Couple of days back, another superyatch sunk in the Mediterranean Sea; in addition to the others that had sunk in the past couple of months.
I've got reasons to believe that this yatch belongs to another Russian oligarch. Smart move to get insurance dividend, since the war between Russia and Ukraine has deeply affected business.
I've got reasons to believe that this yatch belongs to another Russian oligarch. Smart move to get insurance dividend, since the war between Russia and Ukraine has deeply affected business.
Many people are forgetting the fact that COVID is the primary factor for the dwindling global economy while the ongoing Russia-Ukraine war is the secondary factor. This particular war just made things worse for the entire world basically.
All countries were supposed to unite in order to overcome the consequences of COVID, but that clearly didn't happen thanks to pathetic fools like Putin, Rajapaksa etc.
Am pretty confident that all economies except for the Russian and Ukrainian economics will recover pretty quickly.
All countries were supposed to unite in order to overcome the consequences of COVID, but that clearly didn't happen thanks to pathetic fools like Putin, Rajapaksa etc.
Am pretty confident that all economies except for the Russian and Ukrainian economics will recover pretty quickly.
Crude oil prices began to rise after Biden became the president of the United States and that is the main reason for concerns of economic slowdown around the world. Natural gas prices have also gone up like 20x in the last two years. I don't think that this has anything to do with the ongoing war. On the other hand, some of the countries such as China and India have benefitted from the war, since Russia is now forced to sell their crude oil at a heavy discount (and also other commodities such as coal and fertilizer).
War between two countries always affect every other countries in the whole world. Because it stopped free movement of goods and service also restrict people from moving around in the territories or region. And also people are benefiting in a war. There are different ways people benefit in a war. War in one country can be a benefit to another country economy increase because the migrants most invest on the new country for survival and also they most eat so the money they spend in the newly found country is for the new country's benefit. And also it can be a problem to the host country because the population of the host country will be in the high therefore, the sharing formula of the country will change. The world always have advantage and disadvantage on war. Some countries benefit while some did not benefit. I believe Russian and Ukrain war are of the same magnitude of above analysis. Those who were doing business with Russia is no longer doing it again so it becomes their loss while the the countries that sell Gas to replace Russia are benefiting now.
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