Headlines- In order to reopen the Strait of Hormuz, the U.S. military said late Monday that it was striking Iran for the tenth night in a row.
- After their announcement of a naval blockade in the southern part of the Red Sea, Saudi Arabia denounced the Houthis in Yemen, who are supported by Iran.
- According to Jordan's state television, the Jordanian Armed Forces said that three missiles launched from Iran had been intercepted.
- After the deaths of three American service personnel this past weekend, US President Donald Trump warned Iran on Monday that they "will pay" every time they kill Americans.
- Multiple Iranian airstrikes on Middle East bases this month have injured nearly 100 US service men.
- In the latest round of Iranian retaliatory attacks on the Gulf state allied with the United States, the Kuwaiti army said it is working to intercept Iranian missiles and drones.
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