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The Iran-Israel Conflict Could Cause Another Global Recession

  • Broadcast in News
Daniel Whyte III

Daniel Whyte III


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The Iran-Israel conflict could cause another global recession. According to Slate Magazine, Today's fragile global economy faces many risks: But no risk is more serious than that posed by a further spike in oil prices. And the risk that Israel's threat to attack Iran's nuclear installations will, in fact, lead to an outright military conflict may still be low, but it is growing. If the drums of war grow louder this summer, oil prices could rise in a way that will most likely cause a U,S, and global growth slowdown, and even an outright recession if a military conflict erupts and sends oil prices soaring.

Hindu nationalists attack three Christian communities in India. According to Asia News, the Global Council of Indian Christians (GCIC) reported three anti-Christian attacks in West Bengal, Delhi and Madh-ya Pra-desh just in the past week. Like Advent and Christmas, Lent is a time when Hindu ultranationalists tend to intensify their harassment and terrorising of minority Christians. For GCIC president Sajan George, the situation shows the "total lack of justice towards Christians who are increasingly vulnerable."

The Bible says in John 15:18-19: "If the world hate you, ye know that it hated me before it hated you. If ye were of the world, the world would love his own: but because ye are not of the world, but I have chosen you out of the world, therefore the world hateth you."

N. Korea says it will launch rocket next month. According to The Associated Press, North Korea says it will go ahead with plans to launch an observation satellite into space and that criticism of it is provocative. North Korea said it would launch the satellite on a rocket next month. The U.S., South Korea and Japan condemn the plan as a disguised test of military missiles because the same type of rocket is used to launch long-range missiles.