Finance and the actual economic system, two parallel worlds | EUROtoday

Lhe financial and geostrategic shocks have been very violent since 2020. The international economic system suffered the consequences of the Covid disaster in 2020, with the ensuing international collapse of exercise; At the top of the disaster, the sudden restoration in demand brought on a speedy improve within the costs of uncooked supplies (oil, pure fuel, metals, agricultural merchandise), maritime freight, and semiconductors. The conflict in Ukraine has additional amplified the phenomenon, particularly regarding the value in Europe of pure fuel and electrical energy – the latter elevated 25-fold between the beginning of 2021 and the summer season of 2022.