How the Russia-Ukraine war reshaped the global economy
The Weekend Brief looks at the war’s impact on the world economy after the one-year anniversary of Russia’s invasion
A year on from Russia’s invasion of Ukraine, the war hasn’t ended and the devastating destruction has come to pass: more than 8,000 Ukrainian civilians dead, millions displaced, and an estimated $138 billion in damaged infrastructure.
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But the world managed to avoid other disastrous forecasts such as a worldwide wheat shortage, a collapsed Russian economy, and a European winter of blackouts.
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Tomorrow, the Weekend Brief will look at the predictions that did materialize, including skyrocketing commodity costs and India importing Russian crude oil at a steep discount.
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