“The war in Ukraine is like a powerful earthquake that will have ripple effects throughout the global economy, especially in poor countries”. That’s how IMF chief Kristalina Georgieva described the impact of the war on the world economy. Nobody can be sure of the magnitude of this quake but even on the most optimistic view, […]Ukraine-Russia: like an earthquake
The economic war between the US-led NATO group and Russia is hotting up alongside the real war in Ukraine itself. In response to the invasion of Ukraine by Russia, the US and Europe have upped the ante in imposing economic sanctions. The first of these was the suspension of any dealings with several leading Russian […]Russia: from sanctions to slump?