Ukraine invasion: How our personal money links us to the rest of the world

Rising food prices, soaring fuel costs and shocks in the stock market: how the invasion of Ukraine will affect your personal finances, reports Rebecca Goodman

The headquarters of the Kharkiv administration in Ukraine after shelling from Russian forces (Ukraine Emergency Ministry/AFP)

The harrowing and disturbing news from Ukraine continues and the war is having a direct impact on global finances, including a hike to food and fuel costs.

The Russian invasion of Ukraine has already caused huge economic turmoil, along with the political ramifications and a refugee crisis.

It’s a tragic situation where countless lives are being lost and while the war and its ramifications go way beyond our own personal finances, it will impact them.