WAR-DRIVEN INFLATION & COST OF LIVING
Impact of geopolitical conflicts and military escalations on consumer prices, household energy bills, fuel costs and mortgage rates, leading to renewed inflationary pressures on ordinary citizens
3 articles
Middle East War: The Global Economic Fallout
FRANCE 24Guerre au Moyen-Orient : des répercussions mondiales
3/17/2026, 1:44:36 PM
Two weeks into the Middle East war, analysts are already documenting a measurable deterioration in the global economic outlook. France 24 brings together a Swiss banking expert, an agricultural strategy specialist and an energy markets analyst to assess the damage across financial markets, food supply chains and energy pricing. Their assessments point to compounding pressures that could affect economies worldwide.
Australia's Central Bank Raises Rates in Tight Vote, Warns on Inflation
EL PAÍSEl Banco de Australia alerta sobre la inflación y sube los tipos en una decisión muy ajustada
3/17/2026, 7:12:23 AM
The Reserve Bank of Australia has raised interest rates in a closely contested decision, citing inflationary pressures — becoming the first central bank to tighten monetary policy since the outbreak of the Iran conflict. The move comes as a series of major central bank meetings is set to take place this week. The decision underscores the mounting economic ripple effects of the Middle East conflict on global monetary policy.
Renewables and Nuclear Shield Spain from Gas Price Surge
EL PAÍSRenovables y nuclear neutralizan al gas y mantienen estables los precios de la luz
3/17/2026, 4:15:00 AM
Spain's electricity prices are being kept relatively stable thanks to the buffering effect of renewables and nuclear power, which are offsetting pressure from rising gas costs amid regional conflict. According to energy consultancy Grupo ASE, the average pool price over the next year could range from €60.6 per megawatt-hour in the best-case scenario to €101 in the worst case, depending on how long the conflict lasts. The divergence highlights how Spain's energy mix could prove a key insulator against geopolitical shocks to gas markets.