Bitter harvest for some in a global economy changed by Russia’s war


Source: theguardian.com theguardian.com

Key Topics in this News Article:

News Snapshot:

Russia’s invasion of Ukraine sent shockwaves through the global economy and now, a year on from the start of the attack, the world is fundamentally changed. Trends that were already in motion have accelerated, as the need to move away from fossil fuels to greener, renewable energy supplies became more urgent. Food prices have soared, increasing hunger in the developing world, and forcing governments, businesses and people to adapt to lasting shifts. Here we take a look at five ways the global economy has changed: Inflation The surge in global energy prices since the invasion has pushed inflation across advanced...