With the cost of both energy and debt repayments rising, what can the UK government do? Take a targeted approach to support those in most need, writes João Sousa, Fraser of Allander deputy director. War broke out in Iran and the broader Middle East just days before the Office for Budget Responsibility (OBR) presented its latest forecasts. At the time, we noted that … [Read more...] about Certain uncertainties of Iran War, inflation and public finances
Iran war
Global food insecurity: another dividend from Trump’s war of choice
Oil powers cars. Nitrogen powers crops. If the strait of Hormuz closes, the most consequential price may not be Brent crude but the cost of feeding the world." In The Conversation authors Nima Shokri and Salome M. S. Shokri-Kuehni highlight yet another unintended consequence of the chaos spiralling from US and Israeli attack on Iran: fertiliser shock. '"Tehran is moving … [Read more...] about Global food insecurity: another dividend from Trump’s war of choice