Close Menu
    Trending
    • Allocation Update – Q3 2024
    • President Trump Discloses More Than $50 Million In Bitcoin
    • US Government Allows Anthropic To Redeploy Its Mythos And Fable AI Models
    • E-scooters being advertised for commuting despite UK road ban
    • Walking Grief Home: Six Companions for Living With Loss
    • Graeme Swann names only England bowler who could trouble Vaibhav Suryavanshi ahead of 1st T20I
    • 2026 World Cup Round Of 32: Who’s Favored In First Knockout Stage Games?
    • Mexico v Ecuador: Commentary, updates, goals and stats as co-hosts look to secure spot in World Cup round of 16
    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

    What is birthright citizenship, and what does the Supreme Court ruling say? | Courts News

    June 30, 2026
    Latest News

    The next British PM should steer clear of Starmer’s shameful legacy | Opinions

    June 30, 2026
    Latest News

    Marco Rubio meets Libyan commander as US pushes to resolve Libya crisis | Conflict News

    June 29, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    UK watchdog fines 23andMe for ‘profoundly damaging’ data breach

    July 1, 2025

    Ethereum Market Dynamics Stay Bearish As On-Chain Data Points To Capitulation

    February 25, 2026

    Trump opens door for crypto in retirement accounts

    August 8, 2025

    The ‘Most 40-point games in a season’ quiz

    May 15, 2026

    League of Legends: Best Evelynn skins in 2026

    January 23, 2026
    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

    Allocation Update – Q3 2024

    July 1, 2026

    President Trump Discloses More Than $50 Million In Bitcoin

    July 1, 2026

    US Government Allows Anthropic To Redeploy Its Mythos And Fable AI Models

    July 1, 2026

    E-scooters being advertised for commuting despite UK road ban

    July 1, 2026

    Walking Grief Home: Six Companions for Living With Loss

    July 1, 2026

    Graeme Swann names only England bowler who could trouble Vaibhav Suryavanshi ahead of 1st T20I

    July 1, 2026

    2026 World Cup Round Of 32: Who’s Favored In First Knockout Stage Games?

    July 1, 2026
    Our Picks

    Is Strategy Buying Bitcoin Again? Saylor’s ‘Green Dots’ Suggest Yes

    December 1, 2025

    Why more CEOs are sharing the top job

    January 13, 2026

    Dogecoin Price Breakdown Is Nothing To Worry About? This Long Term Structure Points Above $1

    October 31, 2025

    Manhunt for shooter continues after Charlie Kirk killed in ‘political assassination’

    September 11, 2025

    Paddy Power and Betfair users warned of ’email danger’ after hack

    July 14, 2025

    Porn company starts new age checks after £1m fine

    December 10, 2025

    Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says

    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
    • 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.