Six months after Russia invaded Ukraine, the consequences are posing a devastating threat to the global economy.
Near Johannesburg, South Africa, Stephanie Muller has been comparing prices online and checking different grocery stores to find the best deals.Shopping at a market in Vietnam's capital of Hanoi, Bui Thu Huong said she's been limiting her spending and cutting back on weekend dinners out. At least there’s one advantage to cooking at home with her children: “We can bond with them more in the kitchen, while saving money at the same time.
. In neighboring Malaysia, vegetable farmer Jimmy Tan laments that fertilizer prices are up 50%. He’s also paying more for supplies like plastic sheets, bags and hoses.In Karachi, Pakistan, far from the battlefields of Ukraine, Kamran Arif has taken a second, part-time job to supplement his wages.majority of people live in poverty in Pakistan
Muhammad Shakil, an importer and exporter, says he can no longer get wheat, white chickpeas and yellow peas“Now that we have to import from other countries, we have to buy at higher prices" — sometimes 10%-15% more, Shakil said.increase in loan rates
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