inflation
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Economy
Iran War Drives $60B Cost Burden on US Consumers
DID Press: A new report by Middle East magazine says the economic consequences of the war involving the United States, Israel, and Iran have placed significant financial pressure on American consumers, with energy-related costs accounting for tens of billions of…
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Economy
WEF Survey Warns of Global Recession and Inflation Risks
DID Press: A new survey by the World Economic Forum shows that leading global economists are increasingly pessimistic about the outlook for the world economy, warning of weaker growth and persistent inflation amid rising geopolitical tensions. According to the report,…
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Economy
EU Cuts 2026 Growth Forecast Amid Iran Conflict, Energy Shock
DID Press: European Commission has lowered its economic growth forecast for the European Union in 2026, citing escalating tensions in the Middle East and the economic fallout from the Iran conflict, which officials say has triggered a severe energy shock…
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Government
Guterres Warns of UNSC Legitimacy Crisis
DID Press: António Guterres has warned that the current structure of the UN Security Council faces a “serious legitimacy and efficiency crisis,” calling for an expansion of its permanent membership to better reflect today’s global realities. The UN Security Council…
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Economy
Energy Shock: Global Markets Brace for Inflation, Recession, and Volatility
DID Press: Rising tensions in the Persian Gulf and the deteriorating prospects for a US-Iran ceasefire have sent global energy markets into turmoil. Efforts by Washington and its allies, including promises to release strategic reserves, have failed to calm investors.…
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Economy
IMF Warns Prolonged War May Spike Energy Prices and Inflation
DID Press: Kristalina Georgieva, head of the International Monetary Fund, warned that a prolonged war poses serious risks to global economic stability. Speaking at an event in Bangkok, she said the conflict “has the clear potential to impact global energy…
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