17th April 2022
Russia Still Doing Pretty Good
Happy Sunday. In today’s Sunday edition I will collate several interesting graphs that I discovered through the week about tech and business events.
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[Economy] Russia's cash flows soared during the first quarter, despite economic sanctions imposed by the West. The nation benefited from soaring energy prices brought on by its attack on Ukraine. Russia's surprisingly healthy finances show its continued sales of oil and gas remain a formidable economic tool for President Vladimir Putin's regime.
[Supply Chain] Food prices soared to record highs last month, as the war in Ukraine exacerbated what was already a global crisis. In March, the food price index published by the United Nations Food and Agriculture Organization surged to its highest level since the index's inception in 1990.
[Startups] Startups raised $143.9B in Q1’22, down 19% from the previous quarter — ending 6 straight quarters of growth. Deals decreased by nearly 5%. Despite the declines, venture is still roaring. Funding in the quarter grew 7% YoY, while total deals in Q1’22 marked the #3 quarter on record.
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