Ukrainian crisis
The problems compound a perfect storm, which includes a collapsed currency—the third worst performing in the world. Inflation is now around 55.3 percent. Ukraine’s average monthly salary has plummeted to $186. Pensions have been cut and taxes raised. While earning exceedingly less, Ukrainians are paying 450 percent more on household energy bills. The poverty rate hovers around 33 percent. What’s more, a fifth of the country’s productive capacity has been ravaged by the war and Russian trade sanctions.
The problems compound a perfect storm, which includes a collapsed currency—the third worst performing in the world. Inflation is now around 55.3 percent. Ukraine’s average monthly salary has plummeted to $186. Pensions have been cut and taxes raised. While earning exceedingly less, Ukrainians are paying 450 percent more on household energy bills. The poverty rate hovers around 33 percent. What’s more, a fifth of the country’s productive capacity has been ravaged by the war and Russian trade sanctions. 
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