Current:Home > FinanceThe ripple effects of Russia's war in Ukraine continue to change the world -GlobalInvest
The ripple effects of Russia's war in Ukraine continue to change the world
View
Date:2025-04-15 18:54:29
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! (53)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Paris Hilton's New Y2K Album on Pink Vinyl & Signed? Yas, Please. Here's How to Get It.
- 7 convicted of blocking access to abortion clinic in suburban Detroit
- Jesse Winker’s pinch-hit homer in 9th gives Mets 4-3 win over Orioles
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- The Delicious Way Taylor Swift Celebrated the End of Eras Tour's European Leg
- The Meaning Behind the Date Jennifer Lopez Filed for Divorce From Ben Affleck
- Heat dome moves into Texas with record highs expected
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Nordstrom Rack Top 100 Deals: Score $148 Jeans for $40 & Save Up to 73% on Cotopaxi, Steve Madden & More
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Defense attorneys for Boston Marathon bomber seek recusal of judge overseeing case
- NFL preseason Week 3: Notable players sidelined with injuries
- Sorry, Chicago. Yelp ranks top 100 pizza spots in Midwest and the Windy City might get mad
- Retirement planning: 3 crucial moves everyone should make before 2025
- Heat dome moves into Texas with record highs expected
- Trump is set to hold his first outdoor rally since last month’s assassination attempt
- Michigan doctor charged with taking photos and videos of naked children and adults
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Kansas mom sentenced to life in prison after her 2-year-old son fatally shot her 4-year-old daughter
Heat dome moves into Texas with record highs expected
NY state urges appeals court to uphold Donald Trump’s nearly $500 million civil fraud judgment
Arkansas State Police probe death of woman found after officer
Some of Arizona’s Most Valuable Water Could Soon Hit the Market
Jennifer Lopez files for divorce from Ben Affleck after 2 years of marriage
Several factors may be behind feelings of hypochondria. Here are the most common ones.