Tag "Ukraine"

It comes as no surprise that the war on Ukraine is unraveling the fabric of the global supply chain. It is causing a cascading effect on the world, which is already distraught from the pandemic, climate change, and geopolitical tensions. The throttling of exports from Russia and Ukraine is driving up prices and leading to fear of food and energy security in prosperous European nations and poor developing nations alike. The immense human suffering continues as the power play of securing new independent supply lines remains at the fore. All the while, sanctions choke even those who are issuing them.