Russia’s invasion of Ukraine prompted the US, UK and Europe to sanction resources flowing from Russia towards North American and Europe, among other financial & individual-focused measures.
The war between Russia and Ukraine put pressure on the whole world’s economy. Us, as consumers, can see the pressure in terms of inflation,
"We live in the most chaotic, hard-to-predict macroeconomic times in decades. The ingredients for a global recession are on the table".
It is impossible to talk about the global economic outlook to 2022 without addressing inflation. For decades, significant price increases have eluded most major markets.
War has had a negative effect on most sectors so far, with the only sector that seems like it has been profiting from it are oil and gas companies.
Pharmaceutical industry is one of the biggest industries in the world. It is also fast and constantly growing sector, as it increased from valuation of 390 billion U.S. dollars in 2001 to the total global market valuation at 1,27 trillion U.S. dollar
Vaccines from Novavax and Valneva have a promising future, according to preliminary estimates. Several countries are showing interest and approving the newest vaccines on the market.
For the second year in a row, the global economy is struggling to cope with the negative effects of the coronavirus pandemic.
With the rise of COVID-19, vaccine makers fought in the pharmaceutical battleground, to gain national trust for its vaccine effectiveness and safety.
It will soon be two years since the outbreak of the COVID-19 virus. Despite the development of new vaccines and the efforts of a global approach to vaccination, many are still wondering what the recovery of the global economy might look like
