[SLIDES] Global Events: How Resilient is the US Economy Against War[RECORDING] Global Events: How Resilient is the US Economy Against WarREMI hosted a webinar, Global Events: How Resilient the U.S. Economy is Against War. This presentation will lead by our Chief Economist and CEO, Frederick Treyz. On February 24th, Russia invaded Ukraine and announced war. Due to severe sanctions isolating Russia, the global economy is struggling with supply-chain shocks that have agitated food, energy, and other commodities markets.

This war has forced the U.S. to participate in de-globalizing specific resources, pushing inflation even higher. The sanctions on Russia and a lack of alternatives have caused the prediction of oil prices surpassing $200 a barrel. There is a global shortage of microprocessors for video games used in phones and cars. Intel has invested $20 billion in a new computer chip facility in Ohio.