The IMF warns that diesel and jet fuel shortages from the Iran conflict will persist, threatening economic stability worldwide.
https://worldbriefly.news/imf-warns-of-prolonged-diesel-and-jet-fuel-shortages-linked-to-war-in-iran
#malaysia #iran #usa #israel : #warofaggression / #southeastasia / #economiccrisis / #straitofhormuz
„Malaysia’s government is under pressure to contain rising living costs and manage a swelling subsidy bill due to higher #oilprices.
The nation’s monthly subsidies for both petrol and diesel have climbed to RM6 billion (S$1.9 billion), from RM700 million before the conflict.“
China's Economy Is Collapsing From Within: Fake GDP, Capital Flight & Nuclear Buildup Exposed
#ChinaEconomy #ChinaCollapse #Geopolitics #EconomicCrisis #ChinaGDP #GlobalSupplyChain #CapitalFlight #NuclearChina
#israel #palestine : #war / #genocide / #truce / #devastation / #economiccrisis / #unemployment / #dailylife / #survival / #freedomofmovement
„According to the Palestinian Central Bureau of #Statistics, unemployment in the Gaza Strip has increased to 80%. The local gross domestic product (#GDP) has plunged by 87% over the past 2 years to a mere $362m, with GDP per capita down to $161.
Economists says that’s effectively erased 22 years of development (…).“
President Lee Jae-myung urges swift passage of 26.2 trillion won supplementary budget to address Middle East war crisis, emphasizing debt-free financing through excess tax revenue from stock market and semiconductor boom while protecting vulnerable groups and economic recovery momentum.
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