Trump: Drone war against Iran! Börsen in shock worldwide!

Trump: Drone war against Iran! Börsen in shock worldwide!

Iran, Naher Osten - President Donald Trump and his team were informed about the plans of Israel to make an attack on Iran. In a telephone interview with the "Wall Street Journal", Trump said that there was no warning for the attack, but the United States knew what had happened. Trump described the advance as "very successful" and spoke of positive expectations regarding the long -term economic effects, since it is convinced that Iran will not have any nuclear weapon. Trump already communicated with Israel's Prime Minister Benjamin Netanyahu on Thursday and is planning another conversation with him today, as ZDF .

economic consequences and uncertainties

The current military conflicts already affect the Israeli economy. The Israeli central bank has reduced the growth forecast from 3.0 percent to 2.3 percent, while Prime Minister Benjamin Netanyahu warns that the war could "be a long war". The mobilization of around 300,000 reservists has heavily burdened the retail and catering industry and drastically reduced the flow of traffic in cities. Experts predict a possible recession, especially since inflation is 3.8 percent and the key interest rate is 4.75 percent. This information comes from Tagesschau .

Since the uncertainty increases due to the conflicts in the region, the Swiss franc benefits from global uncertainty, while the dollar is also increasingly in demand. Higher oil prices could also heat inflation and increase fuel prices in Germany, which could have negative effects on the airlines. A quarter of the global LNG deliveries goes through the strategically important sea of ​​hormus. Any blockade could significantly endanger global oil transports and destabilize the international economy.

The challenges for the Israeli economy are diverse. The tourism sector, which made up over 5 percent of GDP before corona pandemic, suffers from a falling mobility of people. In addition, the mobilization of the reservists led to noticeable gaps in the labor market and presented the high-tech industry, which is responsible for over 48 percent of exports, with new challenges. The TA-35 stock index in particular has fallen heavily since the outbreak of conflicts, and the Israeli Schekel has reached the lowest level of US dollar in eight and a half years.