The War in Ukraine Upended Energy Markets. What Does That Mean for the Climate?
Almost a year after Russia launched its invasion, assessing the impact on the oil industry and greenhouse gas goals is not so simple.
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Almost a year after Russia launched its invasion, assessing the impact on the oil industry and greenhouse gas goals is not so simple.
The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.
“Whether it’s a technical recession or not, we certainly are going to be in for difficult times,” one economist said.
After 10 months of Russian destruction, Ukraine’s economy shrank by 30 percent. But companies have packed up and moved, switched products and found support abroad.
The pace of consumer price increases began easing late in the year, but the country’s annual rate of inflation set a new, post-Cold War record.