Russia’s war at 6 months: A global economy in growing dangerMECKENHEIM, Germany (AP) — Martin Kopf needs natural gas to run his family's company, Zinkpower GmbH, which rustproofs steel components in western Germany. Six months after Russia invaded Ukraine, the consequences are posing a devastating threat to the global economy, including companies like Zinkpower, which employs 2,800 people. Outside Uganda's capital of Kampala, Rachel Gamisha said Russia's war in faraway Ukraine has hurt her grocery business. Russia's war led the International Monetary Fund last month to downgrade its outlook for the global economy for the fourth time in under a year. Worse is, I don’t see the end of it.’’Even before Russian President Vladimir Putin ordered the invasion of Ukraine, the global economy was under pressure.

Source: CBC News August 21, 2022 08:37 UTC