UPDATE: Eight killed as strike destroys Iran's landmark B1 bridge in Karaj
A US-Israeli strike on the B1 bridge in Alborz province killed eight people and wounded a number of residents and tourists.
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COMMENT: Win or lose, Orban has broken Hungary’s democracy
Hungary’s parliamentary elections on April 12 would, under normal democratic conditions, point towards a change of government, but the country’s political system no longer operates on conventional terms.
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MOSCOW BLOG: Pax Americana exposed as a paper tiger
Superficially the war in Iran has dealt Ukraine a huge blow. The White House is now completely distracted, and the Trump administration seems to have abandoned, or at least paused, the ceasefire negotiations with Russia.
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Cost of living shock deepens as energy crisis hits G7 spending – Oxford Economics
A surge in energy prices following the escalation of the Iran conflict is intensifying the cost-of-living crisis across the G7, dragging consumer spending growth to its weakest level since 2022.
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A long Iran war will lead to severe shortages, says Oxford Economics
A sustained escalation of the US/Israel-Iran conflict could push global oil markets beyond a price shock into severe physical shortages, with rationing, supply chain disruption and recessionary pressures becoming increasingly likely.
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COMMENT: Taiwan’s worship of America could be its downfall
Public discourse can appear disproportionately animated by US culture wars, US electoral cycles and US policy fashions. Foreign sports coverage on local media essentially means NBA or Major League baseball reports.
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Venezuela opens for business, but investors weigh promise against reality
Reforms to oil, mining and financial laws have accelerated since the fall of Maduro, but legal ambiguity, institutional weakness and unresolved questions over democracy are tempering enthusiasm among investors, Orinoco Research says.
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Is Trump going to abandon the Iran war?
Is US President Donald Trump the war in Iran? Having failed to meet any of his as yet unstated objectives trump is clearly frustrated and contemplating giving up on an unwinnable war.
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