Current:Home > ScamsThe ripple effects of Russia's war in Ukraine continue to change the world -Core Financial Strategies
The ripple effects of Russia's war in Ukraine continue to change the world
View
Date:2025-04-17 22:20:38
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! (19435)
Related
- Don't let hackers fool you with a 'scam
- Why Simone Biles is 'close to unstoppable' as she just keeps getting better with age
- Alaska court weighing arguments in case challenging the use of public money for private schools
- Air conditioners are a hot commodity in Nashville as summer heat bears down
- Intellectuals vs. The Internet
- Future of delta-8 in question as lawmakers and hemp industry square off
- Debate takeaways: Trump confident, even when wrong, Biden halting, even with facts on his side
- Justice John Roberts says the Supreme Court’s last decisions of this term are coming on Monday
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Supreme Court makes it harder to charge Capitol riot defendants with obstruction, charge Trump faces
Ranking
- The Best Stocking Stuffers Under $25
- Frank Bensel makes hole-in-one on back-to-back shots at the U.S. Senior Open
- Toyota recalls 11,000 Lexus SUVs for head restraint issue: See affected models
- Salmon slices sold at Kroger and Pay Less stores recalled for possible listeria
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Brittany Mahomes Shares Glimpse Into Family Vacation With Patrick Mahomes and Their 2 Kids
- Jury rules NFL must pay more than $4 billion to 'Sunday Ticket' subscribers
- Supreme Court blocks EPA's good neighbor rule aimed at combating air pollution
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Why Kendall Jenner's Visit to Paris’ Louvre Museum Is Sparking a Debate
Ohio teen accused of having school hit list pleads guilty to inducing panic
FACT FOCUS: Here’s a look at some of the false claims made during Biden and Trump’s first debate
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Jury orders NFL to pay nearly $4.8 billion in ‘Sunday Ticket’ case for violating antitrust laws
Ohio Republicans move bill on school bathroom use by transgender students forward in Legislature
Review says U.S. Tennis Association can do more to protect players from abuse, including sexual misconduct