A glimmer of hope for peace in Ukraine - BusinessMirror

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A glimmer of hope for peace in Ukraine - BusinessMirror
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There is a glimmer of hope for peace to be achieved in the current Ukraine crisis with the overtures for a peaceful settlement coming from no less than Turkish President Recep Tayyip Erdogan. Know more:

weary of increased energy prices and inflation spikes that reduced the purchasing power of much of the world.

That peace settlement is anchored on the way that grains were exported from the war zones to countries very much in need, though there have been reports that much of the grains did not really go to the poor countries but to the rich countries. But I digress. What is important is that an initial attempt has been made to ensure that peace reigns again in that part of the world that, with globalization, has actually led to economic crises for all countries.

Recently, the US Congress introduced a bill for the 2023 budget that would provide $44.9 billion in aid to Ukraine. A significant amount of US allocations will go towards its military needs.

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