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Before the war, Ukraine had a highly developed infrastructure, representing 17% of its GDP. [281] Of the Ukrainian population, 100% had access to electricity, 94.9% had access to clean cooking fuel, about 47% had access to central heating, 89% had access to clean water, and 74% had access to the gas distribution network. [281]
Before the invasion, Ukraine accounted for 11.5% of the world's wheat crop market, and contributed 17% of the world's corn crop export market, and the invasion caused wheat and corn from Ukraine unable to reach international market, causing shortages, and result in dramatic rise in prices, [113] that exacerbated to foodstuffs and biodiesel prices.
Finance ministers for the Group of Seven leading economies grappled Thursday with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U.S. Treasury Secretary ...
LONDON/SINGAPORE (Reuters) -Gold, oil, and haven assets from the Swiss franc to German government debt headed for strong weekly gains on Friday after the Russia-Ukraine conflict escalated, while ...
The global food and energy price surges that have resulted from the war in Ukraine could push more than 71 people worldwide into poverty, according to a new report from the UN Development Program.
The quick rise in U.S. Treasury yields, the war-related trouble in oil markets and other factors have already strained some parts of the financial system, the report cautioned, and while the ...
On 24 February 2022, Russia invaded Ukraine, escalating the Russo-Ukrainian War that began in 2014 into the full-scale invasion and the biggest war in Europe since World War II. Twenty-one months later, on 20 November 2023, Ukraine had cumulatively received over $44 billion in materiel aid from the United States and over $35 billion from other ...
Russia’s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains in recent weeks. Jamie Dimon thinks the worst is yet ...