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Islamic republic has spent years building a model designed to withstand hostility even as it presides over a deepening economic malaise Source: ft.com
WASHINGTON (AP) — U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing countries to ration fuel and subsidize energy costs to protect their poorest. Ongoing strikes and counterstrikes on Persian … Source: usnews.com
U.S. and Israeli attacks on Iran have darkened the outlook for the world economy. Source: seattletimes.com
It Is fast-growing, opaque and intertwined with banks but lacks the scale and leverage that cashiered the economy in 2007. Source: wsj.com
From rising gas prices to falling markets, the war with Iran has hit the global economy hard. New economic risks are growing as some financial experts warn the disruption from the war could last years and that the markets may be underestimating the impact of the war. NBC News’ Brian Cheung has the latest. Source: […]
Protests across Connecticut and the United States are taking aim at President Donald Trump’s policies amid an escalating war abroad and economic uncertainty at home. Source: courant.com
A major oil spill off the Gulf of Mexico has spread more than 373 miles or 600 kilometers across the ocean and seeped into seven nature reserves Source: washingtonpost.com
The Iran-backed group could bring a second crucial waterway to a standstill, writes Sebastian Usher. Source: bbc.com
U.S. consumers, already feeling pain at the gas pump, can expect higher prices and prolonged shortages for goods of all sorts, including food, as additional consequences of slowed oil production. Source: pbs.org
Over 40% of Iran’s population lives below the absolute poverty line, with that figure exceeding 50% in the capital. Economists warn, however, that the real poverty rate may have climbed above 60%. Source: jpost.com
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