david waker 
How the Ukraine-Russia war rattled global financial markets
More than six months since Russia invaded Ukraine in what Moscow called “Special Military Operation” has been killed, millions of people made homeless and the world had seen the tensions of the worst East-West since the Cold War.It also threw global financial markets into severe chaos as shown by the graph below.
Recession is now almost certain in Europe because of gas prices, important for households and industries, more than trebled since June alone because Russian concerns will cut their supply, may lead to energy allotment in some economy.
But the European Central Bank, the Bank of England and other central banks are determined to destroy the triggering energy cost inflation, even if the higher interest rate is bound to squeeze the household and the company that struggles with an increase in costs.
The agricultural market issued after the invasion but has been proven to be very flexible since then. Wheat and Corn – The main exports of Ukraine and Russia – have been re -smoked after the initial price surge, while the main source of Moscow’s income, oil, now takes less than when the invasion begins.
