"The United States-Israeli war on Iran has carried on for weeks, with devastating consequences for the region and ripple effects across the global economy. As strikes hit key energy infrastructure, oil markets are being shaken - driving concerns far beyond the immediate conflict.

So as the war escalates, what comes next? And how deep will the global fallout be? Who is profiting from the war while others are affected adversely?

This week on UpFront Redi Tlhabi speaks with renowned economist Richard Wolff on the economic impact of the war - at home in the US and around the world."—UpFront

Richard Wolff on War in Iran: The game is over >

https://youtu.be/9XziXtig9jE?si=YsJ5KFzc5NM51rFd

#Richard_Wolff #interview #Iran_war #Iran #global_economy #USA #global_politics #politics #economic_crisis #oil_prices #Israel #tariffs #video

Richard Wolff on War in Iran: The game is over | UpFront

YouTube

𝗬𝘂𝗮𝗻: 𝗖𝗵𝗶𝗻𝗮’𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆

China must choose between a strong yuan, which strengthens financial stability and market confidence, and a weak yuan, which supports exports and industry.

Exchange rate policy thus becomes a strategic tool for economic and geopolitical balance.

https://proytec.blog/china-strong-or-weak-yuan/

#Chinese_economy #Global_economy #International_trade #Yuan #Dollar #Euro

Rise of fast-fashion Shein, Temu roils global air cargo industry

Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.

The Japan Times
China’s Xi goes full Stalin with purge

In a sign of instability in Beijing’s top ranks, foreign policy and defense officials are vanishing as Xi roots out perceived enemies.

POLITICO
America's Long National Debt Ceiling Nightmare Finally Over

Thank God Democrats know what they're doing.

Wonkette