Thursday, February 24, 2022

"This years expected growth recovery"

 

Russia-Ukraine conflict raises big risks for global economy


"Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and portends trouble for everyone from European consumers to indebted Chinese developers and families in Africa that face soaring food prices."


“Escalating tensions put two cornerstones of this year’s expected growth recoverya rebound in consumer spending and a pickup in industrial activity — at further risk,” Oliver Rakau and Mateusz Urban at Oxford Economics said in a research note.


"This years expected growth recovery"


1 Thessalonians 5:3 


"While people are saying, “Peace and security,” destruction will come upon them suddenly, like labor pains on a pregnant woman, and they will not escape."


"Natural gas prices, which have tended to rise on crisis news, remain about four times what they were at the start of 2021. Russia sold less gas than normal on the short-term spot market, raising concerns that the Kremlin was using gas to press for approval of its Nord Stream 2 pipeline. The pipeline has now been frozen by sanctions imposed by Germany’s government."

"The threat to farms in eastern Ukraine and exports through Black Sea ports could reduce wheat supplies at a time when global food prices are at their highest level since 2011 and some countries are suffering from food shortages.

Ukraine is the world’s fifth-largest wheat exporter, agricultural analyst Alex Smith wrote last month in the journal Foreign Policy, and many of the countries that rely on its wheat “already face food insecurity from ongoing political instability or outright violence.” Yemen, for instance, imports 22% of its wheat consumption from Ukraine, Libya about 43%, Lebanon roughly half.

"Rising energy and food prices will intensify the inflationary pressures that policymakers and central banks are struggling to ease. In the estimation of Capital Economics, a worst-case scenario of an escalating conflict and sanctions could send oil prices up to as much as $140 a barrel — international Brent crude had surged above $100 on Thursday after Russia attacked Ukraine — and force natural gas prices up, too.

The current inflationary backdrop suggests that policymakers have less flexibility than in the past to respond to a slowdown in real activity or a fall in asset prices,”

"Financial markets could grow even more chaotic if the United States proceeds with what some call the “nuclear option”: Cutting Russia out of the SWIFT payment network, a messaging service that links thousands of banks and allows them to transfer payments around the world."

There is a risk for global finance as much as there is for Russia,” said Ribakova of the Institute of International Finance.

Rising energy prices
Rising food prices
Rising inflation (already 15% if we calculated it the old way)
Chaotic financial markets...

and...

Matthew 24:6-8


You will hear of wars and rumors of wars, but see to it that you are not alarmed. Such things must happen, but the end is still to come. Nation will rise against nation, and kingdom against kingdom. There will be famines and earthquakes in various places. All these are the beginning of birth pains.


"You will hear of wars and rumors of wars, but see to it that you are not alarmed. Such things must happen..."

Somebody should go tell Trump hes not gonna prevent anything. Nobody gonna prevent anything. Were not even started just yet.


"Cause it's the new Mother Nature taking over
It's the new splendid lady come to call
It's the new Mother Nature taking over
She's gettin' us all
She's gettin' us all"





Opps...:-). I sang "on" when I should have sang all :-).

Oh well.

I love you baby.
I just want you by my side honey.








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