Protests in wealthy and developing countries throughout the globe have sprung up in recent weeks over economic grievances and “ill-advised” government policies.
Countries are struggling with inflation and exorbitant fuel costs, while the war in Ukraine has cut off major sources of food and fertilizer that experts warn may cause a global food catastrophe. Facing lower standards of living and poverty, people in many countries are demonstrating against what they perceive as their governments’ poor handling of economic challenges.
“The primary underlying cause of the protests are the Western sanctions being imposed on Russia,” Steve Hanke, professor of applied economics at Johns Hopkins University and former Reagan adviser, told the Daily Caller News Foundation. “They have totally disrupted the international oil market, market for grains, cooking oil and a host of other basic commodities.”