‘The Last Straw’: The Ukraine Crisis and Egypt’s Economy ...Egypt

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Source: ABKEgypt The fallout of geopolitical conflict never confines itself to the borders of the states involved, nor does it ever remain a purely military matter. The Russian invasion of Ukraine is no exception. At the onset of 2022, the global economy was just beginning to pick itself up from the rubble of the heavy toll inflicted by the ongoing coronavirus pandemic, particularly the “high inflation and strained supply chains”. But when Russia launched an invasion against Ukraine in late February, the conflict sowed new chaos and uncertainty, with more disruptions in global trade and supply chains, as well as a rise in energy and food prices. Within that turmoil, Egypt, too, is faced with

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Last updated : 23 April 2022 clock 09:43 PM

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‘The Last Straw’: The Ukraine Crisis and Egypt’s Economy ...Egypt

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