Impact of wars on global and US economy
The article discusses the impact of modern wars on the global economy, where their financial costs have become one of the most influential factors. The direct cost to the United States is estimated to reach between $150 billion and $250 billion by the end of 2026, due to military support for the wars in Ukraine and Israel, as well as tensions with Iran. These conflicts lead to rising energy prices, increased costs of transportation and insurance, worsening public debt, and slowed economic growth, along with deteriorating financial conditions in many countries. This is especially concerning given the ongoing conflicts that affect oil and fertilizer markets, as well as supply chains, thereby exposing the global economy to long-term risks.
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