Do we think china will now benefit from the sanctions on on russia? What will the net effect be? Wat think that it depends on how you look in it you look on a very narrow field of coloties. The longer the dist goes, the larger the economic damage to the global economy is going to be. Higger inflation a sol pointer. And thy don't want to be sued an anhave one of the other big themes of your book really in stad of the rise of china.
Russia’s invasion of Ukraine has laid bare the West’s reliance on Russian oil and gas. Around 40 per cent of Europe’s gas comes from Russia, while some 7 per cent of US oil is Russian. Journalists Javier Blas and Jack Farchy’s new book, The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources, tells the story of how trading commodities such as these has shaped the global financial landscape and why we find ourselves in a pivotal moment in which geopolitical and economic relationships are being tested. Investigative journalist and Manveen Rana speaks with Javier and Jack about the book and its wider themes.
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