There's a strong impetus now for central banks to tighten monetary policy. The russia ukraine war will have a material impact on economic activity and inflation through higher energy and commodity prices, the disruption of international commerce and weaker confidence. Central bankers around the world are generally very, very in favor o these sanctions. Butle: "Sanctions are really the business of the elected government"
Russia’s invasion of Ukraine has pushed global prices, which were already climbing, even higher. As America’s central bank raises its target interest rate for the first time in four years, we break down the challenges facing central bankers. In the fourth instalment of our French election series, we look at how the conflict has changed the race. And Russia’s seizure of the Chernobyl nuclear plant ends three decades of scientific research.
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