Ukrainian crisis adding to global economic woes

Smoke rises from a Russian tank in UKraine

Smoke rises from a Russian tank destroyed by the Ukrainian forces on a roadside in Lugansk region on February 26, 2022. PHOTO | AFP

Photo credit: Anatolii Stepanov | AFP

The Russian/Ukrainian war is now in its third month, and it continues to impact many nations in numerous fronts- energy security, food security, climate change mitigation, and even geopolitics.

It is worth noting that when Russia invaded Ukraine on February 24, this year, the world was already struggling with high prices of goods including energy and food, as the world struggled to reestablish supply chains interrupted by two years of Covid pandemic.

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