A Spreading Global Disaster (opens in new tab)

Strait of Hormuz. APRIL 16 — IF the war on Iran ended right now, by all accounts it would take many months to stop the ever-greater damage to the world economy, particularly but not exclusively to nations of the Global South and Asia. Repairing energy production and infrastructure in the Gulf is probably the work of years. This is not counting thousands of lives already lost in Iran and Lebanon, and irreplaceable....