Global Scans · Conflict · Weekly Summary

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WHAT'S NEXT?: Rising tensions around are bringing new and regional geopolitical threats and the possibility of eventual global war. Keep abreast of the unfolding drama and know where the risks and opportunities are in the world.

• [New] The state-on-state strikes between Israel and Iran, a prospect that risks sparking an all-out war, are over, a regional government source argued to CNN after the latest Israeli strike, saying Iran was unlikely to respond. HuffPost UK
• [New] With Tehran, which retaliated following an airstrike on its consulate in Damascus, downplaying the attack being claimed by Israel, it appears that its restrained response may have temporarily averted the risk of a regional war for now. DAWN.COM
• [New] The escalation of tensions between Iran and Israel poses a threat to regional stability and security. BYJU'S
• [New] Without the United States continuing its arms and ammunition lifeline to Ukraine, Russia could score a victory that would prompt it to march deeper into Europe, drawing the US into another world war. CNN
• [New] Geopolitical uncertainty: First of all, Latin America is today seen as a safe haven while there is war in Ukraine and in the Middle East and high risk of growing conflicts in Asia. Seeking Alpha
• [New] Considering that China would also be likely to rally in support of Iran, against Israel and the U.S., any larger conflict between Israel and Iran would have the potential to spread like wildfire in the Middle East and the world. GnS Economics
• [New] Iran would be able to produce enough enriched uranium for a nuclear weapons in a week, and that it could manufacture six nuclear weapons in a month and 12 in five months. GnS Economics
• [New] There are rising fears the conflict that started in the desert of southern Israeli will continue spreading throughout the Middle East and engulf the earth in a Third World War. Metro.co.uk
• [New] Elevated tensions in the Middle East make an energy price shock more likely, which would bring a terrible combination of higher inflation and lower growth, while the risks of renewed supply chain stress remain significant. MIT OpenCourseWare
• [New] The military standoff between two of the Middle East's regional powers, Israel and Iran, risks escalating into a wider conflict that could plunge the entire region into a complete state of chaos. The Conversation
• [New] Escalation would not only risk a wider conflict at a time when Israel Defense Forces are engaged in Gaza, but would also risk undermining support from partners, most of whom have called for restraint. Atlantic Council
• [New] Most of the commentary about Israel's retaliatory strike against Iran has focused on escalation management, with justified concerns about the risk of a wider war engulfing the Middle East. Atlantic Council
• [New] Kharkiv is the second largest city in Ukraine, and its wartime experiences epitomize the risk of the use of explosive weapons to urban cultural heritage. Human Rights Watch
• [New] The war in Ukraine is just one of several ongoing armed conflicts where cultural heritage has been at grave risk, including from the use of explosive weapons in populated areas. Human Rights Watch
• [New] UN Secretary-General Antonio Guterres paints a dark picture of the situation in the Middle East, warning that spiraling tensions over the war in Gaza and Iran's attack on Israel could devolve into a full-scale regional conflict. The Times of Israel
• [New] Wars in Ukraine and the Middle East, ongoing supply chain disruptions, and tensions between world powers are just a few examples of the constant, unexpected hurdles businesses navigate today. hospitalitylawyer.com
• [New] Four days ago, Iraq's airspace had hundreds of projectiles fired from Iran flying through it towards Israel, caught in the crossfire of what many fear could be the opening salvoes of a regional war dragging in the United States. Al Jazeera
• [New] Hezbollah could trigger regional war by hitting Israel, and an Israeli response could then prompt the involvement of Iran from Syria, Iran directly, potentially Russia, and you have got a world war. The Times of Israel
• [New] The growth outlook remains subject to potential downside risks which could emanate from a downturn in economies of trading partner countries, spill-overs from pronounced activity slowdown in China, as well as escalation of the conflict in the Middle East. Bank of Mauritius
• [New] The clear goal of the Biden administration is to de-escalate the conflict between Israel and Iran before it spirals out of control into a much larger and potentially much more destructive regional war that will inevitably drag in the United States. Salon
• [New] The tiniest attack by Israel would bring a massive and harsh response, Iran's president has reiterated as concern over the threat of full-scale war in the Middle East persists. Al Jazeera
• [New] U.S. stocks sold off on Friday due to a number of reasons, including increased geopolitical tensions, higher-than-expected inflation figures, as well as elevation valuation. Public
• [New] As with the Russian invasion of Ukraine, further conflict has the potential to destabilise oil prices and disrupt supply chains. The Conversation

Last updated: 23 April 2024