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Al Monitor

Newspaper | United States | Centre-Left

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Discussions from Al Monitor

Geopolitics

How might the ongoing conflict in the Middle East affect economies around the world, and what can be done about it?

Here are the latest economic events in the Middle East war on Tuesday: - Stocks rise as oil pushes higher - Oil prices resumed their push higher as several countries pushed back against US President Donald Trump's demand that they help secure the Strait of Hormuz, while Iran continued to target crude-producing neighbours. Traffic in the Gulf waterway through which a fifth of global crude oil passes has been severely disrupted by the war

United States
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Geopolitics

What are the possible effects of Taiwan's relationship with China on energy supply and security in the region?

Authorities in Beijing say peaceful reunification will solve Taiwan’s energy supply fears sparked by the hostilities in the Middle East, emphasising that “the removal of barriers between the two sides of the [Taiwan] strait will ensure the smooth flow of resources”. Chen Binhua, spokesman for Beijing’s Taiwan Affairs Office, said on Wednesday that peaceful reunification would create enormous opportunities for the island’s economic and social development and bring tangible benefits to the people

China
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Geopolitics

What are the important lessons we can learn from the Yazidi genocide trial in France for justice and support of victims?

A French jihadist went on trial on Monday in Paris on charges of genocide, the first case in France to tackle atrocities committed against the Yazidi minority during the years-long conflict waged by the Islamic State militant group in the Middle East. Sabri Essid is presumed to have been killed in 2018, but without proof of his death he is being tried in absentia in Paris on charges of genocide, crimes against humanity and complicity in these crimes, committed between 2014 and 2016

France
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Geopolitics

What are the possible effects of military actions on healthcare and safety in conflict areas like Lebanon?

An Israeli strike in southern Lebanon killed a dozen medical staff at a clinic, Lebanese health authorities said Saturday, after Iran-backed Hezbollah's leader said his group was ready for a long confrontation with Israel. Lebanon was drawn into the Middle East war last week when the Tehran-backed militant group attacked Israel in response to the killing of Iranian supreme leader Ayatollah Ali Khamenei in US-Israeli strikes

Lebanon
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Geopolitics

What should be done to promote peace and safety for people in Israel and Lebanon during these conflicts?

Israel's attacks on Lebanon entered a fourth day on Thursday, after Israeli forces pushed into several border towns and conducted air strikes targeting Iran-backed militant group Hezbollah. AFPTV footage showed smoke rising after a strike hit the Hezbollah stronghold of south Beirut early Thursday. Lebanese authorities announced at least 72 people killed, 437 wounded and 83,000 displaced from their homes since Monday

Israel
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Geopolitics

What are the possible effects of the conflict between Israel and Lebanon on people living in both countries?

By Maya Gebeily and Alexander Cornwell BEIRUT/TEL AVIV, March 7 (Reuters) - Israel warned Lebanon of a "very heavy price" if it did not rein in Iran-backed Hezbollah on Saturday, as it pounded the group's strongholds around the country with air strikes and mounted a deadly airborne raid in the east. Lebanon was dragged into the wider Middle East war on Monday when Hezbollah fired at Israel, which responded with a new military campaign that has forced hundreds of thousands of Lebanese from their homes

Israel
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Economy

How should our government respond to rising gas prices due to the conflict in Iran?

Data: Financial Modeling Prep; Chart: Axios Visuals In the first week of the American and Israeli attack on Iran, the economic ripples were looking pretty minimal. But as Week 2 begins, the risks to the global economy are growing much more serious. The big picture: You can't decapitate the leadership of a country of 90 million people, with expansive military and intelligence capabilities, in the heart of some of the world's most economically important supply chains, without a huge cost. The hours and days and weeks ahead are all about quantifying that cost. Zoom in: Oil skyrocketed 25% overnight, to just under $120 a barrel, fueling worries that higher energy costs will stoke inflation and curb spending by U.S. consumers. Tokyo's Nikkei 225 index plunged more than 5%. That's the highest oil price since about four years ago, when energy prices surged due to Russia's invasion of Ukraine.Patrick De Haan — a widely cited gas price expert and an analyst for GasBuddy — estimates there's an 80% chance the national average gas price will hit $4 per gallon in the next month. The latest: As of 5am ET, a barrel of the global crude oil benchmark was going for about $107 on futures markets, up 15% from Friday and 47% from 10 days ago, before the Iran attack. Brent crude prices approached $120 overnight before receding on reports of coordinated global action to release oil reserves. The oil price rise is poised to translate into a rapid increase in the cost of retail gasoline, which was already up about 51 cents per gallon before the weekend run-up in oil prices. The risk of a broader economic slump is rising with the disruption to oil supplies. S&P 500 futures are down 1.3% overnight, setting Wall Street up for its third consecutive day of losses. Japan's Nikkei index was down 5.2% and South Korea's KOSPI down 6%, reflecting those economies' more direct dependence on Middle Eastern oil now at risk of a protracted blockade. Of note: The odds of a U.S. recession this year spiked t

Global
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Geopolitics

What are the best ways for countries to help people affected by the conflict in the Middle East?

GENEVA, March 6 (Reuters) - The U.N. refugee agency said on Friday that nearly 100,000 people have been displaced within Lebanon and tens of thousands of Syrian refugees there have fled back over the border, calling the situation in the region a "major humanitarian emergency". Israel has issued large-scale evacuation orders for southern Lebanon and parts of Beirut amid hostilities with the Iran-backed Lebanese group Hezbollah since a U.S.-Israeli air campaign against Iran began on February 28

Global
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