Thursday, March 17, 2022

The Cost of War

Excerpt from the IMF Blog:

"Russia and Ukraine are major commodities producers, and disruptions have caused global prices to soar, especially for oil and natural gas. Food costs have jumped, with wheat, for which Ukraine and Russia make up 30 percent of global exports, reaching a record."









Source: IMF Blog




-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Economics of Natural Disasters

Global economic damage from natural disasters, differentiated by disaster category and measured in US$ per year. Data are sourced from OurWo...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...