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New study lists Asian countries that will be hit hardest — and least — by the Ukraine war
From food prices to tourism and weapons supply, Asia-Pacific countries could be hit hard by the Russia-Ukraine war, even if they are not directly exposed to the conflict, according to a new Economic Intelligence Unit report. Food prices are particularly sensitive to the war as both countries are significant commodity producers, according to the research firm. Some Asian countries rely on commodities such as fertilizer from Russia, and a global shortage is already driving up prices of agriculture and grains. Given the region’s relatively high levels of dependence on energy and agricultural commodity imports – even ... (full story)
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