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The Independent UK

National

Liam James

War in Ukraine ‘to cost global economy at least $400bn in 2022’

United Kingdom Ukraine Russia EIU European Union

UKRAINE EMERGENCY MINISTRY PRESS

The war in Ukraine will cost the global economy at least $400bn (£300bn) this year, according to expert projections.

Global growth is set to take a significant hit but European countries will be the most exposed to the economic impact of the Russian invasion, analysis by the Economist Intelligence Unit (EIU) found.

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