global economy
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Analysis
From Strait of Hormuz to EU Streets: The Global Fallout of Iran–US Confrontation
DID Press: The spread of protests across European countries, including France, Italy, Belgium and Portugal, should be examined beyond the framework of domestic issues, according to this analysis. It argues that the unrest, particularly in France, is part of the…
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Economy
US Debt Tops $40 Trillion, Raising Questions About the Dollar’s Future
DID Press: Gerald Celente, founder of the Trends Research Institute, has warned that the United States’ economic standing and the future of the US dollar could come under pressure as the country’s national debt surpasses $40 trillion. Celente said China…
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Economy
US Wars’ Economic Costs Ripple Across the Global Economy
DID Press: Javed Hassan, former chairman of Pakistan’s National Commission for Technical and Vocational Education, has warned that disruptions to strategic energy transit routes are driving up oil prices and maritime shipping costs, placing additional pressure on vulnerable economies. Citing…
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Afghanistan
Russia: Western Intervention Is a Major Cause of Instability in the Middle East
DID Press: Russian Foreign Minister Sergey Lavrov has blamed Western countries for what he described as instability and escalating crises in the Middle East, warning that their intervention in regional affairs could have serious consequences. Lavrov said Western countries’ overt…
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Economy & Development
BRICS Calls for Lifting Unilateral Sanctions and Supports Iran
DID Press: The 18th BRICS Summit in New Delhi concluded with a declaration opposing unilateral sanctions imposed outside the framework of the United Nations, supporting Iran’s accession process to the World Trade Organization (WTO), and calling for the protection of…
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Economy
UK Chancellor Warns Iran War Is Putting Pressure on Global Economy
DID Press: UK Chancellor John Healey has warned that the continuing war between the United States and Iran is placing significant pressure on Britain and the global economy, with rising energy prices threatening to fuel inflation and weaken economic growth.…
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Economy
Brent Crude Climbs Above $95 as US-Iran Tensions Escalate
DID Press: Brent crude oil prices surged on Wednesday as renewed military tensions between the United States and Iran heightened concerns over potential supply disruptions in the Middle East and shipping through the Strait of Hormuz. Reuters reported that Brent…
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Economy
US National Debt Surpasses $40 Trillion for First Time
DID Press: United States’ national debt has surpassed $40 trillion for the first time, reaching an unprecedented level and intensifying concerns over the country’s fiscal position and the growing cost of servicing government debt. The U.S. national debt has more…
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Afghanistan
Afghanistan Remains Among World’s Low-Income Economies
DID Press: Afghanistan remains classified as a low-income economy in the World Bank’s latest income classification for fiscal year 2027, with no indication that the country has moved into a higher income group. The World Bank divides the world’s economies…
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Economy
Brent Oil Nears $100 as Middle East Tensions Rattle Energy Markets
DID Press: Brent crude prices have moved closer to $100 per barrel as escalating geopolitical tensions in West Asia and growing disruptions to key maritime shipping routes fuel concerns over global energy supplies and inflationary pressures. Rising security risks in…
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