World faces largest commodity shock since the 1970s: World Bank amid Ukraine war

 

Source: google


The World Bank amid the continuing Russia-Ukraine war said, "The surging trade restrictions on food, fuel, and fertilizers are aggravating the largest commodity shock we've experienced since the 1970s." The "Major shock" at thing demands"will keep prices at historically high levels through the end of 2024," said Indermit Gill, VP of Equitable Growth, Finance & Institutions at World Bank. READ MORE

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