War and World's Economy.

By SAYEEDIN

 No sooner had the monster Covid-19 aggression gone than the battle between Russia and Ukraine started that is risky for the world’s economy. Covid-19  stopped the activated the wheel of the world’s economy for longer times. The battle between the two countries is making an imbalance in the world economic system again of which influence is lucid in the international market.


To attack upon any sovereign country is never or ever acceptable, and so, Russia’s attack against Eucran is thoroughly unacceptable. 

 

Russia’s barbarous attack towards the republican country ‘Eucran’ has brought about many serious problems in the world’s chest more or less.


One of the major problems is an imbalance in the international market. And, another is inflation.


  Notably, the U.S.A and European Union based countries are dependent on Russia's exported fuel oil. That percentage stands at almost 40%. In the circumstances, The U.S.A and E.U are imposing economic restrictions one after another against Russia. Even financial transactions and banking reserves of Russia in the international stages are under those countries' restrictions. 


But no country stood beside Eucran through the supply of military help, war weapons. From the U.S.A and E.U based countries, Eucran is getting oral support. But the confusion is why these countries have been keeping refraining from that. 


The U.S.A and EU based countries are in an inactive position to take actions against Russia. The reason behind this is that Russia is a fuel oil supplier to the U.S.A and EU based countries. If Russia stops the fuel oil supply, America and EU based countries' production systems will be at stake that is why those countries' this kind of attitude is lucid.


In the meanwhile, the oil price is in an increasing process in the international market at the center of the burning issue of the battle of Russia and Ukraine. In this situation, the U.S.A and EU take face to face belligerent initiatives against Russia that will be hostile to those countries' production systems.


In the U.S.A and the EU based countries, the scarcity of oil will increase if Russia stops the oil supply for those countries that will deteriorate the production system. If the oil supply is decreased, the production system's continuity won't remain, which will be too complicated to retain economic progress.
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