Current Affairs
Could The Ukraine Invasion Spark A Global Financial Crisis?
Credits: Independent
The threat to banks
Beyond banks
In short, the ripple effects of this war are potentially enormous, and many more will probably become apparent in the coming days and weeks. With the global economy still recovering from the pandemic and already having to deal with substantial inflation, the markets have been highly volatile. Russia’s invasion of Ukraine has intensified this situation, and finance will be on high alert to see how things unfold.
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