Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Are Russian Sanctions Hurting Everyone And Driving The World Into Recession?

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Sinopsis

Sanctions on Russia are having a negative impact on Western economies at a time when they were starting to recover from the pandemic led recession. As the US and UK bans imports of Russian oil, and price of oil soars to near record levels, it has been reported that Middle East leaders refused to speak to President Biden. This could signal a major shift in the world balance of power away from US dominance. View Video Version - https://youtu.be/_Z0_kwsD8rs Food prices will rise even higher as wholesale wheat and fertilizer prices rise. The price of filling up the average family car with petrol has gone above £90, and in the US where petrol was always so cheap it has now hit $4 a gallon. This will inevitably mean less available money for people to spend in the wider economy. Stock markets around the world have been falling in the last month, but commodity prices and precious metals are going through the roof! Take a look at Gold, Silver, platinum and Uranium. · Gold up 13.9% in last month. · Silver up 13% in the