Beer. Bread. Microchips. Sofas. These are the telltale first signs of looming economic carnage triggered by Russian President Vladimir Putin’s war in Ukraine.
Things weren’t great to start with.
Since the Covid-19 pandemic began two years ago, global supply networks have been seriously disrupted. Factories have been closed. Ships have been stuck in long queues to offload their cargoes. Supplies of primary resources have been slowed.
Now, just as the world’s economy began its recovery, Putin has thrown a spanner in the works.