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a possible new pandemic will change the global economy beyond recognition

May 26, 2023

Investment analyst Alexander Razuvaev commented on the statement of WHO Head Tedros Ghebreyesus about the possibility of a new deadly pandemic.

A new virus can provoke much more serious consequences than covid. If such a scenario comes true, then, according to Razuvaev, the pandemic will hit Russia with a vengeance.

With a possible recession in the world economy, oil prices are threatening to fall, and Russia will be forced to increase spending on healthcare. The West has frozen half of the reserves of the Bank of the Russian Federation, and the G7 countries are unlikely to reduce sanctions, despite the threat to the life and health of Russians, reports FAN .

The economist suggests that a new pandemic will freeze commercial real estate operations and force the world to finally go online, as well as lead to lower rates of central banks around the world.

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Russia Desk

Russia Desk

The Russia Desk leads The Eastern Herald's coverage of Russia, the war in Ukraine, NATO's eastern flank, and the post-Soviet space. The desk has reported continuously on the Russia-Ukraine conflict since its full-scale expansion in February 2022 and verifies through Kremlin statements, NATO briefings.

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