Who is the beneficiary of the Ukrainian war?
Russia's invasion of Ukraine has devastatingly affected the world's economy. Many things and commodities have spiked in price, thus making life harder in far-off places like Africa. There have been cases of inflation in many countries as their governments try to cope with the shortages of important goods like gas caused by the war. The war has posed a challenge to many nations because of their interdependence, thus making it a global problem. However, some nations are reaping the most from this war because it serves their interests well. The two major beneficiaries are the United States of America and their counterparts India.
America's dollar has been gaining more momentum with the effects of the war on other nations. Therefore, they have maintained their position in the world as they continue to stamp their position at the helm of economic power. They have suppressed the currency of most of their rivals, thus putting them in a better place in world politics. The rise in the dollar's value has helped the USA gain more favor among many nations as they can use their worth to manipulate them. 138
Additionally, the war has helped by suppressing china, a major rival to the USA. This has been possible because China has been associated with supporting Russia in the invasion; thus, they are seen as Villains. Therefore, their status in the world and influence has been greatly reduced.
On the other hand, India has been one of the biggest beneficiaries of the war. This can be derived from their strategic position of allying with the USA while simultaneously engaging in lucrative deals with Russia. India is currently receiving oils from Russia at cheaper rates. This is supported by the fact that many of Russia's clients were lost after the invasion and sanctions. India is then eyeing to export these oils at a higher price, thus harvesting profits from the deal and the war. The real story comes when you realize that the USA gets upset when other nations like Pakistan want to make oil deals with Russia but are quite happy with letting India do so. These two nations are reaping the most from the war. 138