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Friday, May 3, 2024

Ripple effect from Russia-Ukraine standoff

US troops deploy for Europe from Pope Army Airfield at Fort Bragg, North Carolina on Thursday. AFP

The US announced last Wednesday the deployment of nearly 3,000 American troops to bolster Nato forces in Eastern Europe.

The deployment signals escalating tensions between Russia and the West over Ukraine, and the standoff adds volatility to concerns about rising energy and food prices by adding to existing global supply constraints caused by the pandemic.

CLOSE WATCH NEEDED

Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said the conflict brewing in Eastern Europe requires a close watch by Thailand. A bad situation could worsen if the standoff between Russia and the West over Ukraine leads to fighting, said Mr Sanan.

“A conflict will not benefit any parties — be it Russia, Ukraine, Europe or…

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