Topic: The impact of Russian and Ukrain war on world economy - page 44. (Read 12405 times)

There is not much of impact being felt over the world countries other than the wheat shortage and oil shortage. Ukraine being the major exporter of wheat into war have caused this, but somehow things were we'll managed till now. Oil is a big problem as Russia is strong in its stand to supply oil only to its friendly nations. Ukraine have been suffering economic crises, peaceful talks need to happen to end the war.

The fact that the world can2t survive for a year without having to go into total chaos maybe shows us the system isn't working? I get that liberal ideas work to a certain point and it has been like that for a long time, but we are in a whole another situation right now since the day pandemic started and everything else followed after that. We have to realize that the "capitalist" or "socialist" or whatever these nations claim to be, they are all the same, wealthy gets wealthier and poor becomes poorer, in ALL political ideologies. So maybe its time to stop fighting left and right, and start fighting for what we should have long time ago, and we did centuries ago, and realize its only rich vs poor and nothing else and if you ever think you are not on the poors side and you are rich, realize you can't buy a yacht that has a smaller yacht in it, and fight against those dudes.

There’s a huge impact especially many countries are already involve since they implement restrictions against Russia and now they are also experiencing the consequences of that action. Its really bad to see that they are still at war and almost ruined the whole country already. Russia is indeed a powerful country and I hope, that they will stop now because this war is not good at all, and a big threat to humanity.

Politics always affect the market that's why there's a neverending story about this inflation to almost every country as if they were all connected but it all goes down to the supply and demand always. No matter what type of energy you choose they were all affected in inflation be it a petroleum or electricity they were all going up while there's a little changes in the wages/salary of every workers. So I don't think it's just only the Russia and Ukraine war are making almost everything worst in every country since before that there's this COVID-19. It all goes down in the line if you want to know why inflation are always happening and I think there's no stopping or going back to where we are before when inflation happens.

Oil definitely did caused the whole economy to go to ground, there is no denying that. But, you cannot expect people to not take sides, it is a war and in every war there are sides. Sure, it doesn't mean that you have to actually be there and fight the war, you could be Uganda and have nothing to do with it and you still take sides, how?

Based on what you do right after the war starts, and who you continue to do business with, because either one Ukrainian is there that will not be able to do what they want, or there would be a Russian one. Hence, I get that the economy was impacted, but it was impacted because this war started, nothing else.

The war between Russia and Ukraine had a bigger impact on world economy then i was thinking it was gonna have. Inflation raised a lot in all of the countries around the world and i think Europe lost a lot with this war. In my country a lot of prices really went up. For gas i dont want even to talk about how much the price went up. Hopefully when things get to normal maybe the economy will recover.

This situation is very good for the American economy. And it is very convenient to blame the Russians for all the troubles.
Russian oil and raw materials will be sold more expensive under the guise of oil and raw materials from other countries. Business will not stop.

A simple example with cars in Russia: deliveries of cars of many brands to Russia from Europe are prohibited, so car dealerships sell new cars of the same brands from Asia. There are already a lot of offers, so prices have fallen to the level of the beginning of this year.

The biggest thing that we can associate these two countries are to :
Russia : oil
Ukraine : Grains
Now we do know that countries nearby would be affected not just because they won't be getting oil from Russia untainted but they are not recieving any grain exports from Ukraine as well.

I do understand that some of you might say that they signed the deal regarding the grain export but blah blah blah, honestly Russians are not letting that happen, they are even burning the crops as well which means that they are trying to pressurise the EU through stopping their grains exchange as well.

Some countries are still getting some oil imported from Russia because they are eventually going to get it from somewhere and other countries are not really increasing the exports of oil.

Undoubtedly and obviously oil is one of the most important thing globally, and Russia is only the 3rd biggest oil producer in the world and look at the effects of it in the global market. Oil controls almost every prices of the products in the market . So, yeah if Russia doesn't have that much oil production, that war won't going to have any effect on the global economy.
And, yes Russia knew this that's the reason why this country could definitely stand on their own as one of the most powerful country in the world.

You need to understand that oil and natural gas are not the only commodities that are exported from Russia. That country is the top exporter of wheat and Palladium. They are among the top5 producers for Aluminum, Cobalt, Gold, Magnesium, Coal, Nickel, Platinum, Silver, Steel, Titanium, Tungsten and Uranium. They produced more than 50% of the global supply of inert gases. Uralkali and Belaruskali provided around 40% of the global supply of Potash fertilizer. Maybe the sanctions and embargoes may accelerate the transition of Russia from a country that exports mineral commodities to one that exports finished products.

As a result, it has come to a point where Ukraine is only a scapegoat. I do not support anything related to war that results in casualties. If Ukraine did not oppose, for example, returning to a path where the country position did not accept NATO offer, it might not be as chaotic as this. I'm just assuming that the west has killed Ukraine behind the scenes. It's not just about Russia being at the forefront, but when Russia is pushing back against the Western economy, it's clear that Ukraine is a soft bait.

We will see which of the party are going to experience the worse whether it's Europe or Russia. All countries are affected. But there are also countries that benefit from the situation since Russia becomes thier biggest partner in the gas/oil trade like China and India. Some become neutral and then there's West. I don't see this ending well if the West will not resume drilling oil.

Not only makes the oil rise, Russia's invasion of Ukraine also exacerbated the problem of inflation and other impacts of rising food and energy prices
in almost all countries in the world. After all the impact of war will indeed be very bad for many people, there were even riots in several countries due
to the economic crisis due to the increase in food and oil. We also know that Russia is one of the largest oil exporters in the world. Moreover,
oil is a very important need for many countries in the world to move the economy. Therefore, if the war between Russia and Ukraine is not
stopped immediately, the condition of the world economy will worsen. If this is the case, the war between Russia and Ukraine becomes a very
complicated problem because the impact is unwittingly quite large.

All of the results can be directly found on the climbing oil prices. That's the only commodity that the entirety of the world needed from Russia, along with some other minor goods that can be sourced out elsewhere. If the Russians do not have this black gold in their natural resources, I'm pretty sure that the economy of the world will still run pretty stable right now. Just imagine how a single item can affect a lot of industries around the world. The Russians know this, and they are using this advantage of theirs to continue the war on Ukraine until they come out victorious.

indeed this is a difficult situation for everyone in this world. due to war, and has a negative impact on society. such as fuel becomes expensive and so on. and many companies closed. and finally unemployment becomes a lot. and rampant. and I can only hope that the world economy will recover and prosper in the future. and may the war end soon.

The impact of the conflict between Russia and Ukraine has an impact on the world economy. the impact is very significant, because these two countries are major producers and exporters of a number of commodities.
Russia and Ukraine have a strategic role in global trade, of course this conflict affects the supply chain owned by Russia and Ukraine.
Russia is the second largest exporter of crude oil, then for coal exports as well as wheat, natural gas, while Ukraine is the world's largest exporter of seed oil, corn, wheat.

Therefore, the effects of the conflict between Russia and Ukraine will be felt globally, the most visible effect is inflationary pressure.

Our country, just like its neighboring countries here in Southeast Asia is suffering a lot from the inflation rate which was caused mainly by the Russian and Ukraine war. Our oil price really struck high though our main supplier isn't Russia. There are speculations that huge businesses, as well as the government, are also taking advantage of the inflation crisis. I guess the effect of the current war will still last longer but I'm hoping that no country would collapse and will survive the current crisis.

As always, countries which are already struggling will struggle even more (low-income countries), and the strongest ones will be alright. If the war is a big deal, even if we think of it from a mid-term economic perspective instead of a moral one (which I believe should dominate instead), then why not focus on stopping the war? We have one obvious aggressor here, and while it's a mighty aggressor, the world has more power and could, with proper policies, get it out of the way. Ukraine is asking for more weapons, which is unfortunately what we need. But if the world truly united against Russia economically, ensuring that Russia doesn't get money for exports, the war would be over very fast due to a total economic collapse of Russia. But no, countries keep giving Russia billions of dollars because of fearing recession and not being willing to work actively on alternative solutions for their gas and oil problems, and then of course Russia has even more money to keep waging the war. In the end it will have a much bigger effect on global economy than if cutting economic tied with Russia was implemented very swiftly and decisively, but hey, humans aren't very good at long-term thinking and oh no, 2% recession is a way bigger deal than people dying and being tortured when it could be prevented.

But still, most economies are surviving and thriving even though it is hard. We have to deal with the inflation as that's the impact of the war and it's inevitable because usually, there is inflation and only a few countries manage to skip from it for a year or two, and then there it goes again with a few percentages. The current inflation rate for the US is around 8% and CMIIW and that's one of the highest. And aside from the shortage of oil, there goes the high value of USD which solely affected most countries' dollar rate exchange. Those countries that are affected badly by this are the ones that imports and pays through USD.

Tell me what is the impact of these sanctions on the frontline. From what I can see, Ukraine is losing more and more territory as the war progresses and Zelensky is claiming that hundreds of his soldiers are getting killed every day. And remember that all this happened despite Ukraine receiving funds and equipment from 40+ countries. And when the war started, everyone claimed that Ruble will be reduced to "rubble" and Russian economy will undergo a complete meltdown. Ruble is now stronger compared to the pre-war levels, and the so called "meltdown" never occurred.