Iran Conflict Costs Arab States $186 Billion in One Month

Date:

New York, USA – Web Desk: The ongoing conflict involving Iran has inflicted $186 billion in economic losses on Arab countries in just one month, according to UN Assistant Secretary-General Abdullah Al-Dardari.

Al-Dardari highlighted that every day of delayed ceasefire is causing further strain on the global economy. He estimated a 6% drop in GDP across the Arab region due to the conflict. The Eastern Mediterranean is also facing $30 billion in losses.

The humanitarian impact is equally severe: approximately 3.7 million jobs have been lost, and an additional 4 million people have fallen below or are at risk of falling below the poverty line over the past month.

Al-Dardari called for urgent diplomatic efforts to halt the war, emphasizing that continued hostilities not only devastate regional economies but also exacerbate poverty, unemployment, and social instability.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Egypt Backs Saudi Arabia After Houthi Missile and Drone Attacks Wound 73

Egypt Backs Saudi Arabia After Houthi Missile and Drone...

IHC Summons Provincial Chiefs, Police Heads Over PTI’s September 27 Islamabad March

IHC Summons Provincial Chiefs, Police Heads Over PTI’s September...

Houthi Attacks Hit Saudi Energy Sites, Wound 73 as Oil Supply Fears Grow

Houthi Attacks Hit Saudi Energy Sites, Wound 73 as...

ECP Gives KP Government Three More Weeks to Finalise Local Election Law

ECP Gives KP Government Three More Weeks to Finalise...