Current:Home > FinanceThe ripple effects of Russia's war in Ukraine continue to change the world -Intelligent Capital Compass
The ripple effects of Russia's war in Ukraine continue to change the world
View
Date:2025-04-18 17:47:31
A year after Russia's invasion of Ukraine sparked the largest conflict in Europe since World War II, the repercussions continue to reverberate around the world. Not only has the war in Ukraine set off a geopolitical realignment, but it has caused economic hardship far from the epicenter of the fighting.
The Feb. 24, 2022, invasion has touched off a refugee crisis, as Ukrainians flee the conflict in their homeland and many Russian men seek to avoid conscription. Meanwhile, it has spurred a process toward expanding NATO, with Finland and Sweden pursuing membership after decades of official neutrality.
Ukraine and Russia are key exporters of wheat, barley, corn and cooking oil, particularly to African and Middle Eastern countries. Turkey and the United Nations brokered a deal last summer to allow Ukrainian grain to pass through Black Sea ports, but Russia is reportedly still hindering shipments. Russia is also a major producer of fertilizer and petroleum. Disruptions to the flow of these goods are compounding other supply chain and climate challenges, driving up food and gas prices and causing shortages in places such as Chad, Tunisia and Sri Lanka.
More than 8 million refugees have fled Ukraine in what the World Health Organization describes as "the largest movement of people in the European Region since the Second World War." Many have been involuntarily relocated by Russia. Others have put a strain on resources, as well as schools and hospitals, in Poland and Germany.
A 21st century war in Europe — led by a nuclear power — is pushing the world toward realignment. It has rattled NATO, the European Union and the U.N., forcing countries to take sides in ways that have led to escalating tensions and diplomatic shifts. For example, Turkey, despite being a NATO member, has increased trade with Russia since the start of the war and has thrown up objections to allowing Sweden and Finland into the alliance.
Russia is one of the world's largest producers of oil and fuel. European countries have banned the Russian oil, gas and diesel they relied on, which initially caused a steep spike in prices. However, moves by European nations to lock in alternative sources, along with conservation efforts and a mild winter, have largely alleviated those price hikes. Now prices have returned to pre-invasion levels.
Russia has more nuclear weapons than any other country. Its attack on Ukraine has notably reenergized NATO, with the U.S. and other member states funneling tens of billions of dollars worth of military equipment into Ukraine. Early weapons deliveries included anti-tank rockets such as the U.S.-made Javelin. In the latest moves, the U.S., Germany and Britain have promised to provide state-of-the-art tanks.
NPR's Will Chase, Alex Leff, Pam Webster, Desiree F. Hicks and Nishant Dahiya contributed to this report. The text and graphics build on previous work by Alina Selyukh, Connie Hanzhang Jin and Nick Underwood.
veryGood! (531)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- NFL playoff picture Week 10: Lions stay out in front of loaded NFC field
- Tony Todd, star of 'Candyman,' 'Final Destination,' dies at 69
- 1 dead, 2 children injured in wrong-way crash; driver suspected of DWI: Reports
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
- US Open finalist Taylor Fritz talks League of Legends, why he hated tennis and how he copied Sampras
- Chiefs block last-second field goal to save unbeaten record, beat Broncos
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Beyoncé's Grammy nominations in country categories aren't the first to blur genre lines
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Get Your Home Holiday-Ready & Decluttered With These Storage Solutions Starting at $14
- Is Veterans Day a federal holiday? Here's what to know for November 11
- Diddy's ex-bodyguard sues rape accuser for defamation over claims of 2001 assault
- Arkansas State Police probe death of woman found after officer
- 4 charged in Detroit street shooting that left 2 dead, 5 wounded
- Vikings' Camryn Bynum celebrates game-winning interception with Raygun dance
- Trump announces Tom Homan, former director of immigration enforcement, will serve as ‘border czar’
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Brianna “Chickenfry” LaPaglia Explains Why She’s Not Removing Tattoo of Ex Zach Bryan’s Lyrics
Man killed in Tuskegee University shooting in Alabama is identified. 16 others were hurt
Stock market today: Asian stocks decline as China stimulus plan disappoints markets
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
The charming Russian scene-stealers of 'Anora' are also real-life best friends
Younghoo Koo takes blame for Falcons loss to Saints: 'This game is fully on me'
Man charged with murder in fatal shooting of 2 workers at Chicago’s Navy Pier