Geostrategic Business Intelligence Trends (GeoBITs)

September 27, 2022

Russia & Europe

Economy

The Organization for Economic Cooperation and Development assesses that Russia’s war in Ukraine will cost the global economy at least $2.8 trillion by the end of 2022. As a result of Europe’s decision to end dependence on Russian energy supplies and impose several rounds of sanctions against Russia, energy prices in Europe have sub…