Economic fall-out from Ukraine-Russia crisis
As the Russian invasion of Ukraine continues, the effects of economic sanctions by Western nations against Russia are being felt. The conflict is pushing up global oil prices, with Brent crude - the international benchmark for oil prices - hitting $113 a barrel, the highest level since June 2014. Apart from oil, the conflict is also expected to affect prices of other commodities such as wheat in Africa.
Plus, the United Nations Development Program (UNDP) Executive Director, Achim Steiner speaks to the 大象传媒. He is urging the world not to let the war between Russia and the Ukraine distract them from pursuing the climate change agenda.
Live from our studios in Nairobi, Peter Mwangangi presents this edition of 大象传媒 Money Daily.
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