Close Menu
    Trending
    • Opinion | The Great Political Realignment of 2026
    • Possible US indictment of former Cuban president Raul Castro in coming days: Sources
    • XRP Price Could Return To $1.55 But Only If This Crucial Support Holds
    • Ethereum Flashes Rare Divergence Between Spot And Derivatives Market. Who Has The Edge?
    • Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% To $566 Million In Q1 2026
    • Fresh Horror From Supermassive, A Battlestar Galactica Roguelite And Other New Indie Games Worth Checking Out
    • Dota 2 pros salaries are too high and the scene is suffering for it
    • Virat Kohli opens up on 2027 ODI World Cup plans amid IPL 2026 season
    FreshUsNews
    • Home
    • World News
    • Latest News
      • World Economy
      • Opinions
    • Politics
    • Crypto
      • Blockchain
      • Ethereum
    • US News
    • Sports
      • Sports Trends
      • eSports
      • Cricket
      • Formula 1
      • NBA
      • Football
    • More
      • Finance
      • Health
      • Mindful Wellness
      • Weight Loss
      • Tech
      • Tech Analysis
      • Tech Updates
    FreshUsNews
    Home » One month of war on Iran cost Arab countries up to $194bn: UNDP | US-Israel war on Iran News
    Latest News

    One month of war on Iran cost Arab countries up to $194bn: UNDP | US-Israel war on Iran News

    FreshUsNewsBy FreshUsNewsMarch 31, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Even when battle is ‘brief however intense’, nations like Sudan, Yemen and Lebanon will see vital will increase in poverty charges.

    Printed On 31 Mar 202631 Mar 2026

    The US-Israel struggle on Iran and its ripple impact all through the Center East have had a devastating influence on Arab nations, with thousands and thousands anticipated to slip into poverty, in keeping with the United Nations.

    A UN Growth Programme (UNDP) report printed on Tuesday stated that gross home product (GDP) within the area was estimated to say no by roughly 3.7 to six % after a month of struggle, equal to a contraction of $120bn to $194bn.

    Advisable Tales

    listing of three gadgetsfinish of listing

    Abdallah Al Dardari, UN assistant secretary-general and director of the UNDP Regional Bureau for Arab States, stated that 3.7 million jobs shall be misplaced and about 4 million extra folks within the area may fall beneath the poverty line, noting that the struggle had highlighted the “fragility within the Arab financial system”.

    The report was primarily based on projections of “a brief however intense battle lasting for 4 weeks”, signalling that the influence of the struggle, which has seen Iran attacking Gulf vitality infrastructure and squeezing oil and fuel exports by way of the Strait of Hormuz, will seemingly be even larger if it drags on longer.

    Issued as tight oil provides pushed Brent crude futures up 4.7 % to greater than $118 per barrel, the report stated, “dangers in strategic maritime corridors” had “knock‐on results on inflation, commerce flows, and international provide chains” that would undermine livelihoods within the Center East’s “interconnected economies”.

    It added that will increase in poverty charges have been “concentrated within the Levant and fragile nations (Sudan and Yemen), the place baseline vulnerability is highest and shocks translate extra strongly into welfare losses”.

    The report famous that Lebanon, dragged into the struggle after Hezbollah struck Israel in retaliation for the US-Israeli killing of Iran’s Supreme Chief Ayatollah Ali Khamenei on February 28, is very impacted, with “ongoing air strikes and evacuation orders … already inflicting widespread destruction of residential areas, transport infrastructure, and public providers, alongside giant‐scale displacement”.

    “We hope the preventing will cease tomorrow, as day-after-day of delay has detrimental repercussions on the worldwide financial system,” stated Al Dardari.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThe ‘Yearly NBA 3-point percentage leaders’ quiz
    Next Article UK Rental Prices Reach All-Time High
    FreshUsNews
    • Website

    Related Posts

    Latest News

    Man killed in great white shark attack in western Australia | Wildlife News

    May 16, 2026
    Latest News

    WHO confirms 10 global hantavirus cases, Hondius crew remain symptom-free | World Health Organization News

    May 15, 2026
    Latest News

    Benched Mbappe says he’s fourth-choice forward at Real Madrid under Arbeloa | Football News

    May 15, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Opinion | The Great Lie of War

    March 3, 2026

    Videos: Farming Robots, Humanoid Robots, and More

    February 27, 2026

    20 Best Podcasts on Mindfulness & Meditation

    July 6, 2025

    Analyst Predicts Ethereum Price Will Crash To $3,000 – But There’s Good News

    October 27, 2025

    Brewers win 10th Straight Game, Strengthen Hold on MLB’s Best Record

    August 12, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Cricket
    • eSports
    • Ethereum
    • Finance
    • Football
    • Formula 1
    • Healthy Habits
    • Latest News
    • Mindful Wellness
    • NBA
    • Opinions
    • Politics
    • Sports
    • Sports Trends
    • Tech Analysis
    • Tech News
    • Tech Updates
    • US News
    • Weight Loss
    • World Economy
    • World News
    Most Popular

    Opinion | The Great Political Realignment of 2026

    May 16, 2026

    Possible US indictment of former Cuban president Raul Castro in coming days: Sources

    May 16, 2026

    XRP Price Could Return To $1.55 But Only If This Crucial Support Holds

    May 16, 2026

    Ethereum Flashes Rare Divergence Between Spot And Derivatives Market. Who Has The Edge?

    May 16, 2026

    Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% To $566 Million In Q1 2026

    May 16, 2026

    Fresh Horror From Supermassive, A Battlestar Galactica Roguelite And Other New Indie Games Worth Checking Out

    May 16, 2026

    Dota 2 pros salaries are too high and the scene is suffering for it

    May 16, 2026
    Our Picks

    Driver in custody after car crashes into Chabad World Headquarters in Brooklyn

    January 29, 2026

    US Senate passes Trump’s ‘One Big Beautiful Bill’, sending it to the House | Donald Trump News

    July 2, 2025

    How Manchester United have responded after controversial interview by co-owner of Premier League giants

    February 12, 2026

    The bacteria turning waste plastic into painkillers

    September 26, 2025

    ABC News Selectively Leaks Portions of Memo Authored by Fired Prosecutor to Help Discredit Indictment Against Letitia James | The Gateway Pundit

    October 25, 2025

    Tether fuels crypto ecosystem with new $2 billion USDT mint

    July 17, 2025

    IND-W vs SL-W, 1st T20I Match Prediction: Who will win today’s game between India Women and Sri Lanka Women?

    December 21, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Cricket
    • eSports
    • Ethereum
    • Finance
    • Football
    • Formula 1
    • Healthy Habits
    • Latest News
    • Mindful Wellness
    • NBA
    • Opinions
    • Politics
    • Sports
    • Sports Trends
    • Tech Analysis
    • Tech News
    • Tech Updates
    • US News
    • Weight Loss
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Freshusnews.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.