Goldman Sachs analysis finds the Iran war will boost oil prices, increase inflation and reduce global GDP growth, but is unlikely to lead to a pandemic-style supply chain crisis.

Ajaero noted that within days of the crisis involving Iran, Israel, and the United States, Nigeria had already started experiencing effects, particularly in the oil sector. The labour leader said the situation shows how easily the country can be affected by changes in the global oil market.

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The famous quote by Italian Marxist philosopher Antonio Gramsci seems to have been written for the moment humanity is currently experiencing: “The old is dying, and the new cannot be born. In this interregnum, monsters arise.” The world is going ...

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The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

“India is the only country in G20 where despite global energy crisis; there has been no change in petrol prices since February!” Bhandari wrote. Taking a swipe at the Opposition, the BJP spokesperson alleged that the Congress party and its leaders were unable to accept the government’s handling of the economic situation during the ongoing crisis.