Since Israel and the United States launched the Iran War on 28 February, the global economy has shifted from bad to worse.
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IRAN WAR RAISES THE ODDS OF A U.S. RECESSION
In February, Mark Zandi, chief economist at Moody’s Analytics, had placed the chance of a recession in the U.S. this year at 49 percent.
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SPOTLIGHT: THE IRAN WAR’S ECONOMIC COST
By the hard facts and indisputable data, the illegal and unjustifiable war that the United States and Israel have launched against Iran has inflicted severe economic damage across the globe.
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TOP IRANIAN SAYS TRUMP DID NOTHING BUT LIE DURING NEGOTIATION UPDATE
Mohammad-Bagher Ghalibaf, the speaker of the Iranian Parliament, posted on social media Friday that President Donald Trump did not make a single true statement when he spoke about negotiations and the status of the Strait of Hormuz.
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LEBANON ACCUSES ISRAEL OF VIOLATING LATEST CEASEFIRE
The Lebanese Army announced early Friday that IDF troops have already violated a tense ceasefire between Israel and Hezbollah, which was only hours old at the time.
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POPE SAYS THE WORLD IS ‘BEING RAVAGED BY A HANDFUL OF TYRANTS AFTER CLASH WITH TRUMP
Pope Leo XIV gave a speech in Cameroon last week and told his audience that the world is being ravaged “by a handful of tyrants” who use religion to justify wars and spend billions of dollars on weapons to kill people instead of using that money to improve lives.
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ECONOMIC UPDATE
As we continually note, there is no connection between Wall Street and Main Street.
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TOP TREND 2023: OFFICE BUILDING BUST
Office landlords have finally accepted the idea that remote work is the new normal and they are culling the dead weight from their portfolios.
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SPOTLIGHT: THE IRAN WAR’S ECONOMIC IMPACT
The socioeconomic and geopolitical impact of the Iran War is global.
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NYT REPORTS ON HOW NETANYAHU CONVINCED TRUMP TO GO TO WAR WITH IRAN
Israeli Prime Minister Benjamin Netanyahu pulled the stops in February during a meeting at the White House to convince President Donald Trump to go to war with Iran, The New York Times reported.