Ukraine War’s Impact On Trade And Development

An UNCTAD rapid assessment of the war in Ukraine’s impact on trade and development confirms a rapidly worsening outlook for the world economy, underpinned by rising food, fuel and fertilizer prices. The report also shows heightened financial volatility, sustainable development divestment, complex global supply chain reconfigurations and mounting trade costs. Read More Here

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Developing economies must act now to dampen the shocks from the Ukraine conflict

The war in Ukraine could not have come at a worse time for the global economy—when the recovery from the pandemic-induced contraction had begun to falter, inflation was surging, central banks in the world’s largest economies were gearing up to hike interest rates, and financial markets were gyrating over a formidable constellation of uncertainties. Read More Here

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US Strategists Double Down On War With China

China is the obvious winner in the present international crisis. It has the luxury of choosing between two outcomes that increase its power: to act as a friend of all the parties in the Ukraine dispute and mediate the conflict, or to gain the battered Russian Federation as an ally. It probably can do both. […]

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Putin The Gambler

Although many observers continued to assume that he measures the risks and rewards of particular actions as they do, Putin has grown more and more willing to take risks as he has come to believe that doing so pays off. Read More Here

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China’s Russia Risk

Prior to Russia’s invasion of Ukraine, Chinese President Xi Jinping was likely adding up the benefits of his warming relationship with Vladimir Putin. His Russian counterpart was pushing back against U.S. power, straining American alliances in Europe, and harassing a young democracy next door in Kyiv—all at almost no cost to China. Read More Here

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