💸 Who is paying the war's economic price?
Published by OOPSONLINE.IN · Source: The Atlanta Journal-Constitution · 1 min read · · Updated
🔥 OOPS SAYS
A sobering reminder of how the devastating reach of war extends far beyond the battlefield to affect everyday lives globally.
What actually happened
Six months after the U.S. and Israel launched their war against Iran, the direst economic predictions haven't come true. There has been no worldwide recession, and oil remains well below its wartime peak. But the conflict’s toll has reached nearly every corner of the global economy. Fuel, flights, freight and fertilizer are more expensive, hitting poor countries and households especially hard. Airlines have suffered, while oil refiners, weapons manufacturers and others have benefited. The war has also strengthened the case for electric vehicles and renewable energy. And investors who resisted
Key points
- Six months after the U.
- and Israel launched their war against Iran, the direst economic predictions haven't come true.
- There has been no worldwide recession, and oil remains well below its wartime peak.
- But the conflict’s toll has reached nearly every corner of the global economy.
Summary based on data provided by The Atlanta Journal-Constitution. Full article available at the original publisher.
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- #investors
- #prosper