After less than two weeks, the estimated cost of warfare between these two sworn enemies is easily into the billions of dollars. How are they placed to weather the economic storm?
The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.
The Israel-Iran war threatens the country's energy security, foreign currency reserves, tourism, and investment. There are Plan Bs but none are attractive, and the situation could yet get worse.
After Donald Trump agreed to lift sanctions, Syria's central bank is now in the spotlight. Its independence needs to be protected from political interference through transparency and accountability.
As Tunisian youth flee their homeland in search of opportunity, thousands of Italian retirees are heading in the opposite direction—drawn by tax breaks, low living costs, and Mediterranean charm
The late pontiff warned against capitalism's worship of money as a false idol, likening it to a golden calf that reduces life to mere consumption. Money must serve, not rule, he said.
Donald Trump's tariff blitz was matched by China, so the two quickly agreed a temporary truce in Geneva. Yet the clock is ticking on this pause, which will not be long enough to fix all the issues.
Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
Netanyahu did not realise his goal of ending Iran's nuclear programme and regime change, and Iran stood alone in its war with Israel, as global and regional allies left it to fend for itself
For decades, Iran's supreme leader—first Khomeini, then Khamenei—pursued a strategy of backing regional militias to fight Israel, but with the 'resistance axis' in tatters, Iran is left to fight alone