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France 24
France 24

2022 in review: How war in Ukraine upset global economic recovery

PEOPLE & PROFIT © Dmitri Lovetsky, AP

The past year has been one of challenges for households and businesses around the world. Russia’s invasion of Ukraine upset a tentative global economic recovery and created new challenges for governments and consumers alike. FRANCE 24's Business Editors Kate Moody and Charles Pellegrin look back at some of the biggest business stories from 2022.

  • Europe's energy crisis affected developing economies and hastened the green transition;
  • Inflation soared to its highest level in decades, leaving families struggling to pay their bills and central banks racing to adapt;
  • China's zero-Covid policy forced a reckoning about its place in the global supply chain;
  • And Elon Musk captivated the tech world with his months-long takeover bid for Twitter.
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