UNITED NATIONS, April 13 (Xinhua) -- UN Secretary-General Antonio Guterres on Wednesday called for action to mitigate the global impact of the Russia-Ukraine conflict on food, energy and finance systems. The conflict is supercharging a three-dimensional crisis of food, energy and finance that i...
GENEVA, April 12 (Xinhua) -- Prospects for the global economy have darkened since the outbreak of Russia-Ukraine conflict, said the World Trade Organization (WTO) in its annual trade statistics and outlook report published on Tuesday. WTO economists projected in the report that the global gross ...
The Russia-Ukraine Crisis: How Regional Conflicts Impact the Global EconomyHensel, NayantaraPRISM Security Studies Journal
As the war continues to unfold in Ukraine, “the human catastrophe and the damage that’s being done to the country is overwhelming,” de Klerk said. Climate considerations will not be what’s occupying Ukrainians at the moment, he acknowledged, adding: “It’s a matter of survival.” But...
The Russia–Ukraine War is impacting global food systems, which may trigger global cropland expansion and consequently lead to biodiversity loss far from war zones. To quantify such impacts on biodiversity, we simulated the global cropland expansion provoked by the reshaping of international virtual ...
Russia’s invasion of Ukraine will likely hiteconomic growth globallyand here at home. "The Russia-Ukraine crisis is viewed as a negative growth shock for the global economy," said National Association of Business Economics President David Altig, executive vice president and director of research, ...
GENEVA, March 24 (Xinhua) -- The UN Conference on Trade and Development (UNCTAD) has cut its global economic growth projection for 2022 to 2.6 percent from 3.6 percent due to the Ukraine-Russia conflict and changes in macroeconomic policies made by countries in recent months. ...
President Biden is set to unveil new sanctions on Russia after Vladimir Putin recognized the independence of two separatist regions in Ukraine. Oil and gas prices are already soaring on fears a full-scale invasion could happen at any tie. Max Seddon, Mos
Russia’s war in Ukrainewill disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organization for Economic Cooperation and Development warned Thursday. In a grim new assessment, the 38-country OECD said that over the next yea...
The most immediate economic impact of the crisis has been a sharp rise in commodity prices, the report said. It stressed that Russia and Ukraine are both key suppliers of essential goods, such as food, energy and fertilizers. Grain shipments through Black Sea ports have already been halted, ...