Topic: The impact of war on global economy. - page 7. (Read 2948 times)

In fact, all sectors are quite influential if war occurs and this will certainly be detrimental economically, politically or otherwise.
Economic growth will decline drastically because of war and a lot of infrastructure is likely to be damaged as a result of war, so it will hinder economic growth and for countries that are not affected by war, it will certainly have a big impact because of hampered exports or imports.

It seems like war, or other global world problems are created to influence the world economy, war can affect the economic development of certain countries whether they are involved or not, and other factors such as crises, epidemics, natural disasters, accidents, politics, and others.

Meanwhile oil resources is greatly consumed in so many countries.Some countries depend wholly on other countries for their oil usage.when war occurs this way,the utilizations of weapons have increased and leads to shortage of oil.Hence,the price of oil begins to fluctuate and it becomes difficult for other countries to purchase and utilize oil for their day to day activities.

If you mean how many foreign citizens are participating in the war on the side of Ukraine, then it is known that after the full-scale invasion of the Russian army into Ukraine in February 2022, about 20 thousand citizens from 55 countries joined the International Legion under the Ukrainian Armed Forces at the beginning of this war. How many foreigners are still fighting in Ukraine a year later is a question to which hardly anyone today can give a definite answer. Some experts put the figure at 3 thousand people, others - even less. This is due to the fact that when such volunteers got to the front, and the situation there was very different from what they had seen before, it brought more problems than good. Since then, the Ukrainian authorities have tightened the rules for admitting foreigners.

In general, foreign fighters appeared in Ukraine long before the start of full-scale Russian aggression. Some people from neighboring countries joined the fight against pro-Russian separatists at the beginning of the war in Donbass in 2014. Among them were many Georgians who formed the Georgian National Legion. Now this is the largest foreign unit in the ranks of the Armed Forces of Ukraine.

In 2014, Belarusians also appeared in Donbass. Now two units are fighting for Ukraine at once - the Pagonya regiment and the Kastus Kalinovsky regiment. The commander of the Kalinovsky regiment says that without a free Ukraine there will be no free Belarus - from the Lukashenko regime.

Another large international structure is the “Freedom of Russia” legion, which was initially formed by officers and soldiers of the Russian army who went over to the side of Ukraine. According to the command, the number of this unit is constantly growing.

Other foreign volunteer units within the Armed Forces of Ukraine are the battalions named after Khamzat Gelayev, Dzhokhar Dudayev, Sheikh Mansur and the Ministry of Defense of the Chechen Republic of Ichkeria (formed by anti-Putin and anti-Kadyrov Chechens), the Normandy Brigade (consisting of Canadian retired military personnel), the Canadian-Ukrainian battalion (uniting representatives of the Ukrainian diaspora in Canada) and a number of others.

https://ru.m.wikipedia.org/wiki/%D0%98%D0%BD%D1%82%D0%B5%D1%80%D0%BD%D0%B0%D1%86%D0%B8 %D0%BE%D0%BD%D0%B0%D0%BB%D1%8C%D0%BD%D1%8B%D0%B9_%D0%BB%D0%B5%D0%B3%D0%B8%D0 %BE%D0%BD_%D1%82%D0%B5%D1%80%D1%80%D0%B8%D1%82%D0%BE%D1%80%D0%B8%D0%B0%D0%BB %D1%8C%D0%BD%D0%BE%D0%B9_%D0%BE%D0%B1%D0%BE%D1%80%D0%BE%D0%BD%D1%8B_%D0%A3%D0 %BA%D1%80%D0%B0%D0%B8%D0%BD%D1%8B

https://www.golosameriki.com/a/ukraine-army-foreigners/6973501.html

We all know

Ukrain did not reconquer and surely it is a struggle.
I wonder how many of the foreign helpers are still alive? Any input on that? 

Ukraine continues to destroy military installations on Russian territory, and has also begun to destroy dual-use facilities that contribute to the increase in Russian military power in its quest to conquer Ukraine.

Oil refineries and fuel tanks on Russian territory are legitimate targets for Ukraine, since oil is the export of oil - the main source of revenue for the Russian budget, covering the costs of a full-scale war in Ukraine. In addition, it is fuel for Russian military equipment. In my post, I wrote that the war is entering another stage, the stage of its transfer to Russian territory. Previously, Ukraine had limited opportunities to do this, since the allies did not allow the allies to attack the territory of the Russian Federation with the weapons provided, and there were very few of their own in Ukraine. This year, Ukraine is going to produce at least a million drones; mass serial production of high-precision long-range missiles that will reach both Moscow and the Urals is being established.

Since the beginning of 2024 alone, Ukrainian drones have attacked seven oil refineries in the Russian Federation. Thus, on January 9, in the Russian city of Orel, drones attacked a fuel and energy complex.

On the night of January 18, Ukrainian drones attacked the St. Petersburg oil terminal.

On January 19, the oil depot in the city of Klintsy, Bryansk region, was unlucky. Oil tanks at the facility caught fire.
On January 20, loud explosions were heard again at the same tank farm. The oil depot burned for two days in a row.

On the night of January 21, the Novatek fuel plant closed due to a drone attack on the sea terminal in Ust-Luga, Leningrad Region. This plant processed fuel for the Russian Armed Forces. After the SBU attack, all tankers located at the terminal moved far out to sea.

After the fire on January 25, the largest oil refinery in Tuapse, a city in the Krasnodar Territory and a major port on the Black Sea coast, was paralyzed due to a strike by Ukrainian drones. This plant annually processes up to 9 million tons of raw materials and is among the top 10 largest in the Russian Federation.

On the night of February 3, the Lukoil oil refinery in the Volgograd region was attacked. The drone hit the primary oil refining plant producing ELOU-AVT-5 fuel.

Based on the results of the first month of 2024, Russian oil companies reduced gasoline exports abroad by 37%. Sales of diesel fuel, the largest export of petroleum products, fell 23%. The Ministry of Energy of the Russian Federation explained that the reduction in exports was a consequence of “unscheduled repairs” at oil refineries and the need to supply the domestic market. In the future, such “unscheduled repairs” should become more frequent and scaled up. Russia wanted war, it will get it.

Oh, colonel, that's huge progress, you finally found courage to admit that AFU is bombing Russian civilian targets. They do attack, but what damage do they do? Are they able to reach and hit those targets?

Such attacks can't affect the outcome of this war. Ukraine keeps losing it's people, losing it's territory. Russia is winning.

And btw, some news regarding gas exports from the US:


Source: https://www.euronews.com/business/2024/02/02/what-us-president-bidens-lng-freeze-might-mean-for-europe

What it actually means is that the US can stop LNG export any time for any reason they like (like strategic considerations or similar). Sorry guys, nothing personal, just business. 

If we apply your statements to the Russian war that it unleashed on the territory of Ukraine, then the owners of oil companies in Russia should now have large profits. But this is far from what happens in reality.

Firstly, international sanctions have been imposed on the Russian oil and gas industry, which limit both the volume of sales of oil and its refined products and the price at which they are sold. As a result, oil and gas production in Russia is declining.

Secondly, this war is entering its logical next stage, when dozens of Ukrainian drones periodically launch attacks on oil refineries and oil depots already on Russian territory. Because of this, the size of losses increases greatly. It is unlikely that Russia's war in this case will improve its economy. Rather, on the contrary, the war and the subsequent international isolation will set Russia back in economic development for many decades.

The devastating impact of war on a nation's economy is a stark reminder of the interconnectedness of human society and the fragility of economic systems. War disrupts the delicate balance of production, consumption, and trade, leaving a trail of destruction and destabilization in its wake.

One of the most immediate and severe consequences of war is the disruption of trade networks. Supply chains are severed, transportation routes become impassable, and international markets are thrown into disarray. This disruption leads to shortages of essential goods, including food, medicine, and fuel, driving up prices and exacerbating existing hardships.

Inflation, the persistent increase in the general price level of goods and services, becomes a rampant problem in war-torn economies. As governments resort to deficit spending to finance their war efforts, the money supply expands, leading to a decline in the purchasing power of currency. This erosion of purchasing power further exacerbates the plight of ordinary citizens, who struggle to afford basic necessities.

a country wouldn't be able to have a strong military force if they are sanctioned financially that's why it's necessary for countries who dominate to make those countries poor so they can't fight back. and for that to happen they enforce political intervention in those poor countries.

humanity will be ignored when existential threats are high. israel for example will not stop especially now that they are into deep in this situation for if they do stop, they will also perish. now compare it to other countries at war this time because they are all in such situation.

This statement is true, it's just that having a strong military force without a good sense of humanity, in my opinion, all of this will be in vain because a prolonged conflict begins with greed without paying attention to humanity.

Parties to a conflict can always read the worst impacts if a conflict occurs, namely the high risk of loss of civilian lives. However, what is interesting here is that if a country wants to be safe from threats from outside, it needs a strong military force and if at any time a conflict occurs then this needs to be done immediately as an action whose negative impact is smaller than other potential dangers that will arise by the opposing party.

Civilians will become sacrifices for self-interested leaders, with war of course there must be a profit commensurate with the costs incurred. Sometimes human greed overrides humanity, so that in the end a peaceful life is difficult for the people to obtain. For those who lose, of course they will suffer even more as if the world is unfair to them, especially since they have lost their beloved brother

War is indeed a scourge that makes the profitable risk is severe, dismembering trade, destroying  structure, and diverting coffers down from essential requirements. The profitable impact of war extends far beyond the actual immediate conflict zone. It ripples throughout global impact, causing insecurity and query that can have lasting goods. The recent conflict in Ukraine, has transferred energy prices soaring, disintegrated force chains, and contributed to rising affectation worldwide.

It essentially needs to seek peaceful resolutions to conflicts and strengthen transnational institutions that promote dialogue and cooperation, given the  ruinous consequences of war. The citizens always suffer the most impact directly and indirectly. The pursuit of peace isn't just a moral imperative, but also an  profitable and strategic necessity.

War has actuallly caused more harm that Good In every Nation that has experienced It ,the impact is So crucial such that It can reduce the economic activities of a country as well a as cause deflation or inflation which can result to economic crisis . War as the name implies had remained a unique threat to every country because It affects them demographically as a result death.

Generally , no country wants war or conflicts irrespective of How strong they are because it can cause The following
1.reduction in population
2.loss of property
3.economic crisis
4.inflation
5.increase in death rates  And So many others .
Therefore , Its quite Advisable To avoid war rather than To accept It because Its impacts can be harmful than helpful.

    War has an effect on the economy of the area it occurred which is the major reason why it's avoided at high cost. We may not understand the depth of dangerous effects it poses till we experience it but it's really not what we should anticipate. Lives will be lost, there'll be halt in economic activities, so many inter national relationships will be on Sandy ground because there'll be breakouts and fall outs.
    The economy of the nation will be fueled into the war and the citizens will be left to make do with what they own and have in their store for the period it'll last. Living will be difficult and be in jeopardy, fear will set in all because of unpredictable occurrences. The well-being of the people will be put secondary because the major goal will be conquering the war. It's no doubt going to be an unhealthy experience so as a nation, we should do all that's possible to avoid such happening.

War can never be totally get rid of as long as we have leaders who are on seat of power for personal purposes rather than people they're representing. Too much of Greed, ambition and desire for power are the reasons pushing our leaders to make decisions that lead to war. In the worst cases, some of these leaders are willing to sacrifice the lives and well being of their own people in order to achieve their own personal goals forgetting that the costs of war is very devastating and it'snot  not limited to the immediate loss of life or physical destruction alone. Just as the tittle of this thread, war can have long lasting economic and social consequences that can prevent a country from developing and improving the lives of its people. Unfortunately, our leaders nowadays don't see war as something big because the lives of the citizens are valueless to them and the war has less effect on them physically.

I would be really surprised if you had any reasoned answer except primitive, habitual stupid insults, and repeated repetition of convenient mantras

You can think whatever you want, deny causality, deny real processes, but you won't become smarter, but you will look as stupid and primitive

PS And here is a question for you, probably the last one, it is interesting purely from the point of view of psychiatry and your logical health - the economy of the USSR with high oil prices and the ability to sell it, worked not badly and even had a time called "the golden age of the USSR", collapsed in a little more than 10 years, exactly after the embargo was introduced, and at the same time oil prices fell. You really don't see any connection ?
I think that if you stick your finger in the socket, you will be electrocuted, the electricity suppliers will be to blame, because they sent it to your socket incorrectly, and electric current should not harm your body !??  Well, live in your illusory world, amuse people with your morbid fantasies further


But back to the topic, as always the list of the next "achievements of the great economy of russia"
- The number of Russians who received residence permits and foreign citizenship doubled over the year
- Courts received more than 4,000 cases of escape from military units after the start of mobilization
- Law enforcers raided a Wildberries warehouse in the Moscow region to hand out summonses to the military recruitment center. "There are no losses, everything is going according to plans"
- Cyprus began blocking Chinese cards of Russian banks
- Moscow dropped out of the top 50 leading scientific centers of the world
- In Samara, students were asked to give up e-cigarettes for chips for drones. World's second army, great economy ))))
- Cars in Russia have gone up in price almost 1.5 times in a year
- Announced by Rostec as a "completely in-house development, having no analogues in the world", the anti-drone complex was found on free sale on Aliexpress.... it has been sold by a Chinese company for a long time
- Gas in Europe gets cheaper amid strong supply, high inventory levels
- Finland closed all border crossings with Russia except one..... in the Arctic ! Subtle Finnish humor
- Bananas in Russia have risen in price to a record high since 2000 due to the devaluation of the ruble
- Russian authorities refused to pay for cancer drugs for Russians to save money for war ...
- Moscow's budget has a 1.1 trillion ruble hole in it

And a bit from critical psychiatry, the patient is again giving out "masterpieces" "Putin accused Western artificial intelligence of Russophobia and demanded to invent a Russian one with "traditional values"""

Oil is the main key to a country. If war occurs, those who have a lot of oil resources and supplies will be in power and can control the market.
I think the country's economy will improve because of that, maybe it will affect other sectors but in that area they are superior.

You are right, the impact of war involves various aspects, as you mentioned, and food does play a key role in determining the success or failure of a conflict. Apart from that, war also leaves scars that are difficult to recover from, both in terms of physical damage and psychological impacts on the people involved.