Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
Bombs are exploding in Iran and the Middle East, but the fallout is rattling households and businesses in neighborhoods all over the globe.
In Kansas, home buyers saw 30-year mortgage rates edge above 6 percent this week. In Western India, families mourning the death of a loved one discovered that gas-fired crematories had been temporarily closed.
In Hanoi, Vietnam, gas station owners posted “sold out” signs. In Kenya, tea growers and traders worried their exports to Iran would rot on the dock. And across the United States, Canada, Europe, Britain and Mexico, farmers blanched at the surge in fertilizer costs.
The widening war in Iran has delivered a stunning punch to a worldwide economy that has already been walloped by a breakdown of the international trading order, war in Ukraine and President Trump’s chaotic policymaking.
Edit: archive.today is broken again. Replaced the original link with a gift link.
Yeah, we definitely need a replacement for archive.today. If anything, though, you’d think it not being spammed by wikipedians would improve performance.
I think in this case the NYT might have changed something specifically to make it fail. It’s working for other sites and it’s failing in a really strange way. It starts archiving, gets part way through, then it fails and kicks it back to the archive queue. It just loops like that for maybe 15 minutes before giving that weird ‘doesn’t exist (yet?)’ error.