Searcher

Mexico | The invasion of Ukraine will have negative consequences for the Mexican economy

Published on Thursday, March 10, 2022

Mexico | The invasion of Ukraine will have negative consequences for the Mexican economy

The war that began in Ukraine a few days ago is, above all, a human tragedy in which thousands of people will lose their lives, including a large number of civilians. In addition, the conflict will also have significant effects on the global economy and, therefore, on the Mexican economy.

Key points

  • Key points:
  • So far, Western countries have imposed relevant economic sanctions on Russia.
  • Yesterday the United States and the United Kingdom announced an embargo on Russian oil and gas exports.
  • The sanctions will most likely imply an even greater contraction of the Russian economy this year than it experienced with the pandemic.
  • At a global level, there will also be very relevant repercussions, which will be deeper the longer the conflict continues.

Documents to download

Geographies

Topics

Has this information been useful?

New comment

Be the first one to add a comment.

Load more

You may also be interested in