Developing economies must act now to dampen the shocks from the Ukraine conflict. “Russia is also a major force in the market for energy and metals: It accounts for a quarter of the market for natural gas, 18 percent of the coal market, 14 percent of the market for platinum, and 11 percent for crude oil.” Source: World Bank Blogs

by | Mar 10, 2022 | Uncategorized

> This blog is a repost from the Brookings Institute, first published on March 8, 2022. The war in Ukraine could not have come at a worse time for the global economy—when the recovery from the pandemic-induced contraction had begun to falter, inflation...

Why Sanctions Don’t work, and Why They Mostly Hurt Ordinary People. “Military sanctions against Pakistan increased its reliance on a nuclear option, both because the sanctions cut off Islamabad’s access to U.S. weaponry and by weakening Pakistani confidence in American reliability.”

by | Mar 10, 2022 | Uncategorized

epeatedly increased economic sanctions against not only the Russian regime, but against millions of ordinary Russians.  It has done this by cutting much of Russian trade and Russian finance out of international markets. Moody’s and S&P global have both downgraded...