The Initial Market Reaction To Russia and Hamas’ Aggression

January 11, 2024

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Ukraine’s struggle against russian aggression, which has had, is having and will have a significant impact on the geopolitical and geo-economic map of the world, has already pinpointed the contradictory risks and challenges of modern confrontation between democratic and autocratic societies, and demonstrated the high interdependence of events and processes even in the most remote countries.

From day one, the war waged by russia had a significant impact on the global economic environment, provoking energy (primarily in Europe) and food (primarily in emerging markets of Asia and Africa) crises and causing an inflationary shock that forced central banks to tighten monetary policy in response.