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Jim Rogers Says Possible Russia, Ukraine Peace Deal Could Benefit Global Markets
(MENAFN) A possible peace deal between Russia and Ukraine could significantly increase global agriculture and oil prices, which would be “good for the world,” according to renowned investor and economist Jim Rogers in an interview with a news agency.
Rogers highlighted that both Russia and Ukraine are key players in agricultural production, with Russia also being a major oil exporter.
He suggested that a peace agreement between the two nations would likely have a positive impact on the markets, increasing the prices of oil and agricultural goods, while also fostering greater stability.
The economist emphasized that Russian Leader Vladimir Putin "certainly wants peace because war is expensive," pointing out that all parties involved would ultimately benefit from peace. He concluded, “War has never been good for anybody – even for those who think they won, because nobody wins from wars.”
Rogers highlighted that both Russia and Ukraine are key players in agricultural production, with Russia also being a major oil exporter.
He suggested that a peace agreement between the two nations would likely have a positive impact on the markets, increasing the prices of oil and agricultural goods, while also fostering greater stability.
The economist emphasized that Russian Leader Vladimir Putin "certainly wants peace because war is expensive," pointing out that all parties involved would ultimately benefit from peace. He concluded, “War has never been good for anybody – even for those who think they won, because nobody wins from wars.”
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