Iran inflation hits highest level since World War II. Is another crisis brewing?

[ad_1] Representative image (Photo credit: AP) Iran’s annual inflation rate surged to its highest level since World War II in May, highlighting the deepening economic crisis facing ordinary citizens as the country grapples with the fallout of conflict, sanctions and long-standing structural problems.According to data released by Iran’s Central Bank, the consumer price index rose […]

Another crisis brewing? Pakistan on brink of food supply collapse as flour shortage deepens; prices hit the roof

[ad_1] Pakistan’s twin cities are staring at a worsening flour emergency after the Punjab Food Department halted wheat supplies to mills in Rawalpindi and Islamabad, triggering panic across markets and raising questions over the country’s fragile food security. The sudden suspension has deepened an already tense economic climate, with transport blockades, water shortages and declining […]