00:00the whole world the whole world of you know tradable goods being affected uh simply because
00:05there are disruptions break rates are going up and again the critical fuels that you know power
00:14daily life and trade such as oil and gas are have been disrupted in a really significant way
00:22so really in terms of you know what affects us on a day-to-day basis we are looking at
00:28you know the cost of transport the cost of eating or cooling our homes the cost of food in groceries
00:39the cost of you know operation for any business power generation costs globally as well going up
00:45so that affects you know businesses and bottom lines it potentially could lead to you know job
00:52losses down the rhine and really teetering on the edge of an economic recession so
00:59from the really macro scale to the micro scale from you know the delivery at your door to the way
01:04in
01:04which the entire global economy works this crisis is is touching every single level naturally because
01:12of the supply chain disruptions there is a lag in terms of how quickly things can really get back
01:18into into gear into more of a normal setting which is why we believe that if the conflict were to
01:24end
01:24today or tomorrow we would really be looking at a sort of a two-month window for a gradual
01:31improvement of flows um thereby realistically looking at you know the start of the second half of the
01:37year or if you want a more normal world again in terms of energy foods
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