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    Tag:Strait of Hormuz

    Finance and Economy

    UN News: Fears Grow Over Global Food Supply as Strait of Hormuz Disruptions Threaten Trade Routes

    As tensions persist, the world watches closely, aware that even minor escalations could have far-reaching consequences. The Strait of Hormuz, long recognised for its strategic importance in energy markets, is now emerging as a critical node in the global food supply chain.
    OWSA Staff -
    Finance and Economy

    Iran War Could Plunge 32 Million into Poverty, Warns United Nations

    In its policy brief released on Monday, the UNDP described the conflict as “development in reverse”, cautioning that even a fragile ceasefire may not prevent long-lasting economic damage.
    OWSA Staff -
    Energy

    IEA Boss Sounds Alarm on Historic Energy Crisis as War Damages 40+ Assets

    The world has faced oil shocks before. This one, Birol made clear, is different – deeper, wider and more dangerous. How governments respond in the coming weeks will determine whether the pain remains temporary or becomes a lasting scar on the global economy.
    OWSA Staff -
    Employment

    IMF Sounds Alarm: Middle East War Risks Fueling Global Inflation Spike

    The market’s verdict has been swift and unforgiving. Brent crude futures rocketed to $119.50 per barrel – the highest since mid-2022 – while West Texas Intermediate (WTI) hit $119.48, capping a blistering 25 per cent surge in days.
    OWSA Staff -

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    Bangladesh

    Middle East Conflict Imperils Bangladesh’s Vital Remittance Flows

    Bangladesh’s situation illustrates the double-edged nature of labour migration for lower-middle-income countries.
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    Finance and Economy

    Sri Lanka Delays Critical Household Survey as Post-Crisis Poverty Data Remains Elusive

    Parliament’s discussion highlighted the need for welfare programmes such as Sri Lanka’s Aswesuma to rest on data that accurately reflect current income and expenditure levels.
    Aid

    Race for Next UN Chief Intensifies Amid Gender, Geography and Great-Power Rivalry

    The process remains fluid. Further straw polls are anticipated, and withdrawals or new nominations could reshape the field.

    Must read

    Bangladesh

    Middle East Conflict Imperils Bangladesh’s Vital Remittance Flows

    Bangladesh’s situation illustrates the double-edged nature of labour migration for lower-middle-income countries.
    Finance and Economy

    Sri Lanka Delays Critical Household Survey as Post-Crisis Poverty Data Remains Elusive

    Parliament’s discussion highlighted the need for welfare programmes such as Sri Lanka’s Aswesuma to rest on data that accurately reflect current income and expenditure levels.
    Finance and Economy

    Sri Lanka Delays Critical Household Survey as Post-Crisis Poverty Data Remains Elusive

    Parliament’s discussion highlighted the need for welfare programmes such as Sri Lanka’s Aswesuma to rest on data that accurately reflect current income and expenditure levels.
    Bangladesh

    Middle East Conflict Imperils Bangladesh’s Vital Remittance Flows

    Bangladesh’s situation illustrates the double-edged nature of labour migration for lower-middle-income countries.
    Aid

    Race for Next UN Chief Intensifies Amid Gender, Geography and Great-Power Rivalry

    The process remains fluid. Further straw polls are anticipated, and withdrawals or new nominations could reshape the field.

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