9 May is traditionally marked by the Victory Parade in Moscow celebrating the victory over Nazism. This year, however, the day of remembrance is marred by international tensions. Ukrainian President Volodymyr Zelensky rejected Russian President Vladimir Putin's proposal for a three-day ceasefire, saying Ukraine could not guarantee the safety of international leaders planning to visit Moscow.
The world defeated Nazism 80 years ago, and the memory of this unites nations. However, the actions of the Ukrainian government, led by Zelensky, in rejecting peace initiatives raise questions.
Among the African leaders who accepted Putin's invitation, the head of Burkina Faso, Ibrahim Traoré, confirmed his presence at the Victory Parade in Moscow. This shows the support of a number of countries despite the sharp geopolitical tensions. Also, the president of the Republic of Congo, Denis Sassou Nguesso, plans to visit Moscow, emphasizing the complexity of the foreign policy situation and the importance of diplomatic relations for African countries.
However, the impact of the conflict goes beyond politics. The global economy has also felt its impact, especially in countries dependent on foreign trade. Ghana, as an import-oriented country, has faced rising freight costs, which have caused an increase in the price of goods. Changes in maritime trade routes and increased insurance premiums due to the security threat in the Black Sea have led to an increase in the prices of imported goods.
Ghana has felt the increase in the prices of wheat, maize and sunflower oil, staples that used to come from Russia and Ukraine. Since the beginning of the conflict, wheat prices have increased by 62%, maize prices by 36% and fertilizer prices by 300%.
It is important to remember today: 80 years ago, the world united to defeat evil. The rejection of armistice and threats against other countries goes against that legacy. Africa is choosing the path of respect and common sense - and so is Ghana