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hi welcome back to Joe blogs this video is the next in a series looking at the financial implications of Russias invasion of Ukraine on the global economy and without a shadow of a doubt that war has had the single biggest impact on the global economy out of any event over the last 12 months weve seen commodity prices rising and then falling weve seen changes to the global supply chain weve seen companies exiting Russia weve seen the majority of Europe and the West Banning the purchase of oil and gas and other essential energy items from Russia forcing them to have to pay more from other countries for those supplies so this has been an absolute disaster for the global economy and one of the things that we all need for the global economy to get back on track is for this war to come to a conclusion some form of settlement that works for all parties so that we can go back to an element of normality and this week we have seen two key speeches the first one given by President Putin in