The war between Russia & Ukraine started on 24th Feb 2022, the reason behind the following war was that Ukraine wanted to join ‘NATO’ and Russia was against that.
Russia didn’t want Ukraine to join the ‘NATO’ (North Atlantic Treaty Organisation (NATO) was founded in 1949 and is a group of 31 countries from Europe and North America that exists to protect the people and territory of its members.) as it didn’t want any of the ‘NATO’ members near its margins or borders, because if a small fight occurred between the two countries then it would lead to some major problems for Russia.
Before all of this Russia provided Ukraine 40 billion dollars (3 lakh crores) just to let crude oil pass through their country. During the meeting of Russia and Ukraine, Ukraine refused to accept the 40 billion dollars just to join the ‘NATO’. Russia was strongly against the following.
Russia was the 2nd biggest producer/extractor of crude oil and with no way to transport crude oil the prices increased by 30%-40% at a time which led to inflation all over the world.
Russia could not stand in such a high increase of oil, so they started giving threats to Ukraine and even at sometimes bombing their country. As Ukraine was the 2nd biggest producer of wheat, the production of wheat stopped which led to more inflation in the world, which led to problems of food in all the countries of Europe.
Russia’s unprovoked and unjustified war of aggression against Ukraine has disastrous consequences for people in Ukraine, and also globally.Russia's war of aggression has dramatically aggravated the food security crisis.EU sanctions against Russia are specifically designed not to target food and agricultural products solidarity through emergency relief and support for affordability
The impacts of the following war were:-
boosting sustainable production, resilience and food system transformation
facilitating trade by helping Ukraine export agricultural via different routes and supporting global trade
effective multilateralism and strong support to the central role of the UN Global Crisis Response Group to coordinate the global efforts
In conclusion any type of war is not good for mankind as well as for the economy. After 16 months of Russia-Ukraine war, the whole world is still fighting against inflation and there is no ray of hope in the coming days.
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