Search results
Results from the WOW.Com Content Network
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]
Ukraine is a major producer of wheat and corn, which could send food prices soaring as the Russian invasion hits supply lines. ... Inflation hit 5.5% in January and the Bank of England believes it ...
Federal Reserve Chair Jerome Powell warned Thursday that Russia's invasion of Ukraine, which has already driven up oil prices, will likely further magnify the high inflation that has engulfed the ...
NIESR research shows the crisis could erase $1tn off the world GDP by 2023, with UK GDP growth estimated to decline to 4% in this year.
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.
Russia’s military incursion into Ukraine and the threat of a wider war are pushing energy prices higher, threatening the U.S. economic recovery while limiting the options available to the ...
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.
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 ...