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What is war? A gamble on human lives and most importantly, innocent citizens. We have to keep track of those who die during war, who lose properties and are displaced overnight. I have been following up with the current global war news and well, there are a lot of things to consider.
I can say my conscience kicked in on how we can be more concerned about financial markets' price swings while those who are in the scene are at risk of losing lives.
The world’s biggest airlines halted operations and the price of oil is shooting up as big oil refineries in the Middle East halt operations. What can you say when the entire war gets tense on a Saturday?
Wall Street having to watch stock prices plummet till Monday morning and well, if others are to say Trump shouldn't have made such an attack, it may be a personal greed that they just lost in the financial markets.
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Ok, we ALL know how the market operates; ‘loss is a transfer of gains’ and as we speak, crude oil is selling at around $79 per barrel. In general, the gas market has surged by nearly 40% according to a certain news source. Maybe, just maybe this is why some people prefer war to be prolonged for as long as possible; ‘shake it for a while and buy at a fair price’.
President Trump just spoke some 5 hours earlier as concerns the future of the current war involvement situation. Earlier before this, he was quoted on a release in his truth social account saying that ‘the big attack is yet to hit Iran’. You can imagine which can be bigger than what is currently on ground which has led to the killing of Khamenei and some of his high ranking officials.
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Continuing from the earlier, during a Nobel prize ceremony in the White House, President Trump used the opportunity to first address the war situation officially for the first time since the two day Iran hit. ‘We should expect this war to last 4 to 5 weeks or more’. He also added, ‘we are not going to get bored anytime soon’. That is indeed a strong message to send out and as we speak, Iran are not ready for talks with US.
Their idea is to press attacks on US assets around the gulf. It has drawn so many countries in the process with uncertainties of how this entire sudden clickbait war button can go. Dubai is no more that attractive and resort center state as missiles keep passing through.
To conclude, let me add, can this entire war threats die down in a week or two. How damaging will it be to the global economy after that. As we speak, a broader inconvenience has been sent across; flight tickets cancelled with other in-betweens. If it spans to 5 weeks minimum, what's the global economic fate and most importantly, how many lives and damages will be recorded? We pray for peace and ask that God's will be done.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart
