The ongoing conflict between Ukraine and Russia has had a number of negative effects on the global economy.
The war has disrupted trade and economic ties between the two countries, and has led to the imposition of economic sanctions against Russia by the United States and European Union.
One of the most significant effects of the conflict has been the decline in Global's economy. The war and the sanctions have led to a decrease in foreign investment and a decline in the value of the Euro. This has had a ripple effect on other countries that are economically linked to Russia, such as those in Eastern Europe and Central Asia.
In addition, the conflict has led to disruptions in the global energy market. Ukraine is a major transit route for Russian natural gas to Europe, and the war has disrupted this flow. This has resulted in increased energy prices in Europe and other parts of the world.
Overall, the ongoing conflict between Ukraine and Russia has had negative effects on the global economy, and has contributed to economic instability in the region and beyond.