The global trade war initiated by U.S. President Donald Trump continues to escalate, impacting major economies and causing uncertainty for North America, the European Union, and China. While the Middle East has avoided direct impact from tariffs, the region’s economy, heavily reliant on oil, may suffer from the trade war’s effects, particularly as countries with currencies pegged to the dollar face immediate costs. Overall, while the Middle East may not be directly affected by tariffs, the trade war’s repercussions could still pose challenges for the region’s economic stability.
Full Article
EU assessment finds significant obstructive factors undermine humanitarian operations in Gaza
An EU official reported that the humanitarian situation in Gaza remains dire despite some improvements in fuel delivery and routes, as well as increased aid truck entries and infrastructure repairs. However, significant obstacles persist, primarily the lack of a safe environment for large-scale aid distribution. Want More Context? 🔎
Read more