Ukraine conflict

The Ukraine Conflict’s Impact on Global Trade: A 2023 Perspective

by
conflict ukraine economy 2023

The conflict in Ukraine, which escalated in 2022, has sent ripples throughout the global economy, reshaping international trade dynamics. As 2023 unfolds, it is crucial to understand how this conflict has influenced global trade patterns, economic growth, and geopolitical relationships. Global Trade Resilience Contrary to the direst predictions, global trade has shown remarkable resilience in … Read more

The Impact of Sanctions on Russia’s Trade Relations and Euro Area Dependency

by

The ongoing conflict in Ukraine and the subsequent sanctions imposed by the EU and its partners have led to a dramatic shift in Russia’s trade relations with the EU and the rest of the world. Prior to the war, Russia was an essential trade partner for the euro area, supplying around a quarter of EU … Read more