The Russian-Ukrainian war and the global economy.

 

The impact of the Russian-Ukrainian war on the global economy... 

The exit of the giant Russian bear from the global economic system... has greatly harmed the global economy... Wealthy Russia, which exports 11 million barrels of oil to the world daily, has huge financial surpluses that financed most global stock exchanges through Russian citizens' purchases of shares and bonds in major international companies... Russia's grain and gas production, the exports of which were halted due to economic sanctions, has led to rising global food prices and rising inflation rates worldwide. In addition, Russian citizens' desire to travel and tour abroad, especially to Europe and America, has decreased due to the increased hatred of Russians after the war.
All of this led to more trouble in the tourism and aviation sectors. Especially after these two sectors emerged from the coronavirus crisis... The migration of American companies and major brands such as Visa, MasterCard and McDonald's from the Russian market, which represented huge profits for these companies... This consequently led to a reduction in the number of employees in these companies, which led to an increase in unemployment rates in America and Europe. Sanctions on the export of Russian oil and gas led to a rise in fuel prices globally... Russia's exit from the global economic system is a major crime against this planet... And if Russia's exit greatly affected Europe and America economically... then the destruction of Ukraine greatly affected the economies of the Middle Eastern countries and developing countries due to the cessation of the export of Ukrainian wheat and cooking oils to these countries. And consequently the rise in the prices of these commodities globally... and the Middle Eastern countries and developing countries resorting to buying wheat and oils at high prices... which led to an increase in inflation rates in them... Politics and economics are two sides of the same coin... and whatever the reasons for this war, there is no winner in it. Both parties to the conflict lost a lot and other countries of the world lost more. It would have been better for this planet to sit at the negotiating table...

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 so that we can solve the problems in a less costly way than moving the military arsenal. On the Ukrainian side, the destruction of Ukrainian cities and the Ukrainian infrastructure, which will cost a lot to rebuild, was supposed to be the motive for political action, gaining time and negotiating without going to war. However, the Ukrainian side has made mistakes since 2014 by not building a strong army to protect it. Despite Ukraine’s wealth in natural resources and wealth, it ignored spending on the military and defense side. If Ukraine had a strong army, the decision to invade it would have been made. It takes a long time to study this invasion... The high rates of inflation in the world have increased the suffering of poor and rich countries alike... and the high prices of grains and wheat have led to an increase in the problem of food shortages worldwide... Politics, negotiation and making concessions to solve problems after studying the available solutions... are basically in the interest of the people and to alleviate their suffering... but this war has increased the suffering of the inhabitants of this planet, poor and rich... to achieve equality in suffering from high rates of inflation and unemployment.

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