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Monday, April 29, 2024

War economy

A Ukrainian army battle tank is pictured as the Russia-Ukraine war lingers on past one year.

The world’s economy and businesses have suffered from the Russia-Ukraine war over the past year, hamstrung by high energy prices, inflationary pressure and logistics disruptions.

As the one-year anniversary of Russia’s invasion of Ukraine approaches this Friday, Ukrainian officials are raising concerns about the prospect of another major offensive by Moscow in the coming weeks with freshly mobilised troops.

Ukraine recently received a boost from Western countries’ commitments to support it and supply it with weapons.

As uncertainty lingers, the likelihood of a strong post-pandemic economic recovery this year appears remote.

According to…

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