Headlines- Mohsen Rezaei, the secretary of Iran's Supreme National Security Council, said that the Gulf will be included in the restricted area outside the Strait of Hormuz.
- Three oil tankers that have been sailing through "an unauthorized route" in the Strait of Hormuz and three US-affiliated vessels in other areas have been targeted, according to a statement released by Iran's IRGC navy on Saturday.
- Exit polls indicate that the Alternative for Germany (AfD) party won the election in the eastern state of Saxony-Anhalt.
- At least five people were killed when an Amazon cargo jet crashed off a runway at Miami International Airport on Sunday, striking vehicles and catching flames.
- After ash erupted from the Anak Krakatoa volcano over 150 kilometers away, affecting thousands of passengers, Indonesia halted its main international airport outside of Jakarta on Sunday.
Tag: Hyper Inflation
High Inflation Effects Common People and...
According to Pakistan media reports, the price of consumables has climbed by 20 to 31%, and Pakistan’s poverty rate has increased by 35.7%.The cost of basic necessities is once more burning a large hole in the Pakistani average person’s pocket.
Zimbabwe’s Foreign Currency Ban Spurs Demand...
Zimbabwe’s ban on foreign currency, and the nation’s record inflation, has spurred demand for cryptocurrencies like bitcoin to try to preserve wealth. Zimbabwean authorities last year banned banks from processing bitcoin and is warning that cryptocurrencies are open to hacking
Presidential Standoff May Worsen Venezuelans’ Misery
the Trump administration’s confrontational approach is adopted by the European Union, some of whose members have threatened to recognize Guaido if Maduro doesn’t announce new elections in eight days, it could bring oil production to a standstill, heaping more hardships on the 29 million Venezuelans already struggling with hyperinflation, widespread food shortages and anemic economic activity