Cost of living – Impact on the world of work
On 24 February 2022, Russia invaded Ukraine, setting off a chain of global events and triggering a cost of living crisis in many countries. In the preceding months, unforeseen demand from a world emerging from Covid had already pushed up prices and compounded supply chain issues for many products. However, it was war in Ukraine that shifted higher costs into a crisis. Action taken by The Organisation of the Petroleum Exporting Countries (OPEC) to reduce … Mehr