Navigating rate moves amid war


THE war in Iran, which is now going into its eighth week since it started on Feb 28, is increasingly upending global economic outlook, as both US President Donald Trump and Israel Prime Minister Benjamin Netanyahu are relentlessly pursuing their undefined objectives.

The peace talks in Islamabad were bound to fail as the United States was represented by non-government officials, other than the vice-president, and focusing only on their side of the demands, while completely ignoring Iran’s position.

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