#balance of payments
The fallout of geopolitical conflict never confines itself to the borders of the states involved, nor does it ever remain a purely military matter. The Russian invasion of Ukraine is no exception. At the onset of 2022, the global economy was just beginning to pick itself up from the rubble of the heavy toll inflicted by the ongoing coronavirus pandemic, particularly the “high inflation and strained supply chains”. But when Russia launched an invasion against Ukraine in late February, the…
