The Global Economic Impact of Russia's Invasion of Ukraine
Russia's military invasion of Ukraine has not only created one of the world’s most tragic humanitarian crises but resulted in economic devastation that will reverberate far beyond Ukraine’s borders.
Originally published at - www.voanews.com/a/the-global-...
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Пікірлер: 14
Useful
Great Analysis!
@GjaP_242
Жыл бұрын
World military spending continued to grow in 2021, reaching an all-time high of $2.1 trillion. This was the seventh consecutive year that spending increased. As a result of a sharp economic recovery in 2021, the global military burden-world military expenditure as a share of world gross domestic product (GDP)-fell by 0.1 percentage points, from 2.3 per cent in 2020 to 2.2 per cent in 2021. The US military burden decreased slightly from 3.7 per cent of GDP in 2020 to 3.5 per cent in 2021. China, the world’s second largest spender, allocated an estimated $293 billion to its military in 2021, an increase of 4.7 per cent compared with 2020. 2:03 [SIPRI]
i see.
The question is who is the main beneficiary of such a disruption. Where will the rich invest their money? That is a huge determinent for how the war will turn out but also where the new centers of power/capital will be.
Why is Ukraine the largest country by land area in Europe?
@shaleyb783
Жыл бұрын
What do you mean by why? It just is, it’s the largest country in Europe that is wholly geographically in Europe
@denn5431
2 ай бұрын
yes 😮
Palestine??? Is that not tragic?
Keep on the good work Russia we love Russia and his excellent mr Vladimir Putin the hiro of the world
@drini9087
Жыл бұрын
Russia is right in this war.