"I am deeply grateful for the solidarity of Ukraine’s neighbours and other host countries, who have taken in more than 2.8 million refugees in the past two weeks. The vast majority of those making the treacherous journey are women and children who are increasingly vulnerable. For predators and human traffickers, war is not a tragedy. It is an opportunity. And women and children are the targets. They need safety and support every step of the way. I will continue to highlight the desperate plight of the people of Ukraine as I am doing again today. Yet there is another dimension of this conflict that gets obscured. This war goes far beyond Ukraine. It is also an assault on the world’s most vulnerable people and countries. While war rains over Ukraine, a sword of Damocles hangs over the global economy – especially in the developing world. Even before the conflict, developing countries were struggling to recover from the pandemic – with record inflation, rising interest rates and looming debt burdens. Their ability to respond has been erased by exponential increases in the cost of financing. Now their breadbasket is being bombed. Russia and Ukraine represent more than half of the world’s supply of sunflower oil and about 30 percent of the world’s wheat. Ukraine alone provides more than half of the World Food Programme’s wheat supply."