Rising Uncertainty From Ukraine War, A Bad Sign For Economic Output: IMF
Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.
Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enough to reduce full-year global growth by up to 0.35 percentage point," added the blog post. The already disrupted global supply chains led by the pandemic have been distorted further by the ongoing Russia-Ukraine conflict, with prices of energy and commodities rising sharply. Indeed, commodity prices have shot up since Russia invaded Ukraine late in February, the most significant attack on a European state since World War Two. Moscow calls it "a special operation in Ukraine." At one point, the benchmark Brent crude prices surged to multi-decade highs of near $140 per barrel. While crude prices have eased in recent weeks, they are still above $100 a barrel.Global uncertainty is surging from the Russia-Ukraine war, which may slow economic growth this year, noted the International Monetary Fund (IMF) in its blog post, citing the latest reading of an index. "As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index — a quarterly measure across 143 countries. This increase is a bad sign for growth," wrote the IMF. "Our research finds that such increases foreshadow significant output declines. Based on our estimates, the rise in uncertainty in the first quarter could be enoug