28-April-2026
Economy News
 
The U.S. Started the War. The Rest of the World Is Feeling the Effects.
28-Apr-2026

The fallout from two months of war in Iran is shuttering textile mills in India and Bangladesh, grounding airplanes in Ireland, Poland and Germany, and prompting energy rationing in Vietnam, South Korea and Thailand. The only country, it seems, that has been relatively spared from the economic chaos is the one that started the war: the United States. While warning signs of a recession are flashing across countries in Asia and Europe, the United States is likely to outperform most of the world’s advanced economies.

News Source:- https://www.nytimes.com/2026/04/27/business/economy/iran-war-global-growth.html