UP

Axar.Az Logo

AZ RU EN آذ فا
Zelensky's plane 'almost hit' by drone en route to Oslo
Trump says Putin wants to make deal on Ukraine
Pashinyan meets Macron in Paris

The war in Ukraine could lead to a global recession

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
The war in Ukraine could lead to a global recession

The Russia-Ukraine war and its impact on food and energy prices and fertilizers could lead to a global recession.

Axar.az reports the statement came from World Bank President David Malpass.

"If we look at global GDP, it's hard to understand how we can avoid a recession now," Malpass said.

He noted that the economies of Ukraine and Russia would shrink significantly, while growth will slow in Europe, China, and the United States.

"Developing countries have suffered the most from fertilizer, food, and energy shortages. A doubling of energy prices is enough for a recession.
Date
2022.05.26 / 14:12
Author
Zuleykha Aghasieva
Share
See also

Zelensky's plane 'almost hit' by drone en route to Oslo

Trump says Putin wants to make deal on Ukraine

Pashinyan meets Macron in Paris

Kuwait offers ship-to-ship transfers outside Hormuz

Russian strike on shopping center in Sumy kills three

Taliban refuses to return US weapons left in Afghanistan

Turkish, French FMs discuss Middle East and Ukraine

Iran demands release of $24 billion in frozen assets

Russia, Turkiye hold consultations on South Caucasus

Dollar rises to 232,590 tomans in Tehran

Latest
TERMS OF USEAll rights reserved. When using a material link is required. When using the material on the internet pages of the corresponding transition is required.

COMMUNICATION WITH US Baku city, Binagadi district, street S.S.Akhundov
(+994 12) 464-61-74, 464-61-75, 464-61-76
[email protected]
For reklam: [email protected]

www.axar.az - 2026
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla