Cast your mind back, not into the dim, dark recesses of your memory but just a little, to shortly after we emerged from the COVID-19 pandemic.
Two years ago, in February, when Vladimir Putin embarked on his ill-advised and misguided invasion of Ukraine – a conflict he claimed would be completed within a week – global trade links were jolted and energy supplies interrupted.
The resulting fuel shortages across Europe proved to be a volatile accelerant to a troublesome inflation outbreak which emerged just as the world economy was waking up from its enforced slumber.
Two years later, after one of the most blistering rounds of interest rate hikes in memory, we’re still dealing with the aftermath.Retail fuel and electricity prices remain elevated despite a collapse in global oil, coal and gas prices and continue to prop up stubbornly high inflation levels.If there was a silver lining in the events of the […]
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