The IMF said that the EU countries were very seriously affected by the war unleashed by Russia against Ukraine.
Against the background of a full-scale Russian invasion of Ukraine in 2023, half of the countries of the European Union are threatened with recession.
Such a statement was made by the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, noting that the EU countries “have suffered very seriously” due to the war unleashed by Russia against Ukraine, reports CBS.
“For most of the world economy, this will be a difficult year, more difficult than the one we are leaving behind. The growth rates of the three largest economies — the US, the EU and China — are slowing down at the same time,” Georgieva said.
She also noted that the winter of 2023 could be difficult for European countries. “We are monitoring the reaction to energy shocks in Europe, and Europe is moving decisively towards independence from Russia. Yes, it will be a hard winter, maybe the next one will be even harder, but freedom from dependence on Russia is coming,” she said, noting that in In 2023, a third of the world economy will be in recession.
Impacts on the energy system of Ukraine:
Since October 2022, Russia is trying to strengthen the energy structure of Ukraine. The first serious missile attack on the objects of critical infrastructure of Ukraine was on October 10, 2022. An emergency power outage began across the country.
On November 23, the Ministry of Energy announced that Ukraine’s energy system has entered a complete blackout mode.
Russia did not stop the massive shelling of Ukraine even on New Year’s Eve.
The war in Ukraine and the fall of world capital:
As of December 30, 2022, the world’s 500 richest people lost $1.4 trillion in 2022.
In 2022, Elon Musk, Jeff Bezos, Changpeng Zhao, and Mark Zuckerberg lost about $392 billion from their combined fortune.
Bankman-Fried’s cryptocurrency exchange FTX collapsed after a liquidity crisis exposed holes in his crypto empire.
The Bahamas seized assets of the FTX crypto exchange worth $3.5 billion
Fried’s $16 billion fortune was wiped out in less than a week. This event caused a drop of 84 billion dollars. status of Binance CEO Changpeng Zhao.
On December 31, 2022, global stocks closed the worst year since the 2008 financial crisis.
Indian tycoon Gautam Adani surpassed Bill Gates and Warren Buffett on the wealth index, and increased his wealth by $ 42 billion in a year to $ 119 billion. So he became the third richest person in the world at the end of August, and in September he briefly overtook Bezos and took second place in the ranking. This is the highest ranking in history for an Asian billionaire.
By the end of 2022, for the first time in history, the war in Ukraine reduced the value of world capital.