Russia-Ukraine war effects on global economy
Trade and Commodities: Commodity Prices were already on the rise and the respective indices skyrocketed since the start of invasion.
Supply Chain: Due to the accelerated demand which outstripped supply, the world saw heavily disrupted global supply chains.
Inflation: The combination of Higher commodity prices and supply chain crunch ultimately led to spikes in both producer and consumer inflation in most developed markets.
Finance and Investment: The sanctions will definitely affect the financial interactions between Russia and the rest of the world, as Russia's participation in the financial and payments network is technically suspended.
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