A woman walks past a currency exchange office in Moscow, Russia, on March 21. Western countries have imposed an unprecedented level of sanctions on Russia in the wake of its invasion of Ukraine. Photo: EPA-EFE
A woman walks past a currency exchange office in Moscow, Russia, on March 21. Western countries have imposed an unprecedented level of sanctions on Russia in the wake of its invasion of Ukraine. Photo: EPA-EFE
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

West’s sanctions war on Russia, China and beyond threatens to trigger an economic catastrophe

  • The global economy can only take so many blows but, right now, it is being hit indiscriminately by trade decoupling, Covid-19, war and sanctions
  • Inflation, supply chain disruptions and soaring prices of essential goods are just a taster of what will come if major powers continue to put security before the economy

Anthony Rowley
Anthony Rowley

Updated: 3:30am, 4 Apr, 2022

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A woman walks past a currency exchange office in Moscow, Russia, on March 21. Western countries have imposed an unprecedented level of sanctions on Russia in the wake of its invasion of Ukraine. Photo: EPA-EFE
A woman walks past a currency exchange office in Moscow, Russia, on March 21. Western countries have imposed an unprecedented level of sanctions on Russia in the wake of its invasion of Ukraine. Photo: EPA-EFE
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