The flip side of globalization

It’s Bangladesh after Sri Lanka: Protests erupt over 52% fuel price hike:

Following the tragic situation in Sri Lanka, thousands of demonstrators flocked to the streets in many Bangladeshi cities when the Sheikh Hasina administration raised fuel prices to their highest level since the neighbouring nation’s independence by about 52%.

Global supply shocks due to the Russia-Ukraine conflict. The US and other developed nations will do fine, but small developing nations, not so much.

Brown Pundits