Africa-Press – Mauritius. The dire consequences of more than two years of Covid-19 pandemic on the world economy and the livelihood and lives of people are now compounded by the adverse impact of the war in Ukraine on rising oil, gas, transport costs and food prices, global inflation and economic recovery.
It is patently evident to all including Russia, Ukraine, the US, NATO and all the countries imposing sanctions that the heavy collateral costs and fallouts of the war and the sanctions imposed added to the woes of Covid-19 are unsustainable for people and countries across the world.
The war in Ukraine has monopolized the attention of the leaders of European countries and the US as well as all the main news channels and shifted their focus away from the core existential problems faced by the world and the people in a context of erosion of purchasing power, high unemployment rate, sluggish economic growth, deteriorating competitiveness, widening inequality and climate change threats.
These need to be comprehensively addressed now and aptly resolved by governments. For example, shouldn’t the war in Ukraine and the resulting soaring oil and coal prices be a wake-up call for the world to more robustly tackle the dire threats of climate change on our planet by fast tracking research and investing massively in the production of green and renewable energy to significantly reduce its high dependence on highly polluting coal and fossil fuels?
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