African economists are sounding the alarm over a looming and likely catastrophic lowering of trade volumes if Russia's widely condemned incursion into Ukraine isn't short-lived.
African economists sound the alarm over a looming and likely catastrophic lowering of trade volumes between the continent and its warring partners if Russia's widely condemned incursion into Ukraine isn't short-lived.
The challenge with all of these countries is that with all of the sanctions that are placed on Russia by the US and European countries, it influences the financial services sector... even if the logistics will not be immediately affected, it will disrupt the payment system to all of the exporting countries to Russia," he told CNN.
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