Russia-Ukraine I Possible economic impact of the escalating conflict |
|
Russia's attack on Ukraine and retaliatory sanctions from the West may not lead to another global recession.
The two countries together account for less than 2 percent of the world's gross domestic product. And many regional economies remain in solid shape, having rebounded swiftly from the Covid-19 pandemic recession. For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms. |