Payload Logo

How the Russia-Ukraine war reshaped the global economy

By Shivank Taksali
Published

A year on from Russia’s invasion of Ukraine, the war hasn’t ended and the devastating destruction has come to pass: more than 8,000 Ukrainian civilians dead, millions displaced, and an estimated $138 billion in damaged infrastructure.

But the world managed to avoid other disastrous forecasts such as a worldwide wheat shortage, a collapsed Russian economy, and a European winter of blackouts.

Tomorrow, the Weekend Brief will look at the predictions that did materialize, including skyrocketing commodity costs and India importing Russian crude oil at a steep discount.

To receive this issue, join Quartz today with 60% off.

Receive this issue Saturday!

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.