Carrington Clarke

We have the financial heft.

We have the negotiating position because of our export of gas, of coal, to perhaps make sure that we're pretty...

close to the front of any queue for extra supplies, but we are still going to be impacted if these individual countries have supply issues, they're not able to produce the goods that they were previously able to produce, or at least not produce them at the same price point or at the same rate.

And that's going to force up the prices of everything.

And that's why I think people are becoming increasingly concerned.

And despite the fact that we're seeing US stock markets still hitting record highs, the economic realization seems to be setting in that this could well be a major disruption to the global economy.

And sorry to end on such a negative note.

Thank you so much for your reporting and thank you for joining us on ABC Business Daily.

Now tomorrow, Alan Kohler will join me for Fuelcast to unpack the latest in the global economy.

and local energy crisis.

And so you don't miss it, make sure you're following ABC Business Daily on ABC Listen or wherever you get your podcasts.

If you'd like to send in a question, you can email abcbusinessdaily at abc.net.au.

Catch you next time, Amelia.

When big news breaks around the world, we've got the time to get into what's happened.

The Kremlin propagandists are very happy.

I'm Carrington Clarke.

And I'm ABC Business reporter Daniel Ziffer.

Yeah, some people might be a bit confused, like, hold on, didn't we get inflation data recently?

We did.

We had some at the end of March, but it was essentially worthless because it covered February before this conflict had really kicked off.