This week in ... the World
What I read in week 27/2022
Time flies when you have fun. And … we are more than halfway through in 2022.
So little time left and so much to do.
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Starting new companies or investing in public and private companies needs a deep understanding of the development of the macroeconomic environment. Successful companies provide solutions for lasting problems.
One of the biggest influences on the world's economy is the military confrontation between Russia and Ukraine.
Europe and the US are basically at war with Russia. Well, at least they send weapons to Ukraine and sanction Russia. What started initially intending to help stop the attack on Ukraine quickly seems to add to the problem instead of becoming a solution.
What is the response of the rest of the world? China, India, Brasil, or Saudi Arabia?
They keep trading with Russia.
Saudi Arabia Buys Russian Oil
One western European and US response was to restrict oil imports from Russia. The idea was to send warning signals to Russia, hoping it would spike the interest to negotiate rather than continue military warfare.
As a result, China, India, Brasil, and Saudi Arabia increased their oil imports.