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Bloomberg Surveillance

Surveillance: Ukraine War's Economic Impact

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 17 March 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

Natalie Jaresko, Former Ukraine Finance Minister, says we could see a serious global food problem due to the war in Ukraine. Laurence Boone, OECD Director & Chief Economist, discusses the impact of the Ukraine conflict on the group's global growth and inflation projections. Sarah Hewin, Standard Chartered Bank Head of Europe & Americas Research, says it looks as though the Bank of England is losing their nerve. Jay Bryson, Wells Fargo Chief Economist, says the Fed is in a tricky position right now. Michael Hirson, Eurasia Practice Head for China And Northeast Asia, describes the careful balance China has to walk in the war in Ukraine.

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Transcript

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0:00.0

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Pissue your tomorrow with PGM, a leading global asset manager.

0:30.0

Welcome to the Bloomberg's surveillance podcast, I'm Tom Keane,

0:39.0

along with Jonathan Ferrell and Lisa Abramowitz.

0:42.0

Daily, we bring you insight from the best,

0:45.0

an economics finance investment and international relations

0:49.0

to find Bloomberg's surveillance, an Apple podcast suncloud,

0:53.0

Bloomberg.com, and of course, on the Bloomberg terminal.

0:59.0

We've spent a lot of time talking about energy security, as you might expect.

1:03.0

One thing we tried to do on this programme over the last few weeks

1:06.0

is bring it back to food security as well.

1:08.0

We heard from the agriculture minister of Ukraine this morning.

1:11.0

Ukraine said the following.

1:12.0

The situation with Ukraine's food is, quote, under control.

1:15.0

They went through the stockpiles, things like wheat, things like corn,

1:18.0

said, wheat stockpiles were sufficient for two years,

1:20.0

corn stockpiles sufficient for one and a half years.

...

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