War in Ukraine at 1 year: Pain, resilience in global economy
An Egyptian widow is struggling to afford meat and eggs for her five children. An exasperated German laundry owner watches as his energy bill jumps fivefold. Nigerian bakeries have shut their doors, unable to afford the exorbitant price of flour.on Feb.
China also dropped draconian zero-COVID lockdowns late last year that hobbled growth in the second-largest economy. Sven Paar, who runs a commercial laundry in Walduern, southwest Germany, is facing a gas bill this year of about 165,000 euros -- up from 30,000 euros last year -- to run 12 heavy-duty machines that can wash 8 tons of laundry a day.So far, he has been able to keep his customers after showing them the energy bills that accompany the price increases.
While a UN.-brokered deal has allowed some food shipments from the Black Sea region, it's up for renewal next month. "People have huge decisions to make," said Alexander Verhes, who runs Life Flour Mill Limited in the southern Delta state. "What food do they buy? Do they spend it on food? Schooling? Medication?"
"Fertilizer is vital because the land needs food," said Jose Sanchez, a farmer in the village of Anchuelo, east of Madrid. "If the land does not have food, then the crops do not grow up."
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