People visit the Grand Bazaar in Tehran, Iran, March 18, 2026. REUTERS/Alaa Al Marjani |
- Nearly three weeks of war on Iran have hit the usually teeming alleys of Tehran's grand bazaar, shutting many of the shops and driving up prices for Iranians already suffering from years of sanctions that have throttled the economy.
- Investors are facing a cloudier view of US monetary policy in the coming months, with a war in the Middle East muddying the outlook for a Federal Reserve that already was grappling with above-target inflation and an uneven labor market.
- The Iran war has made bottled water in India 11% more expensiveafter prices of plastic bottles and caps surged, a change that has also erased the benefit of a lower water tax rate Prime Minister Narendra Modi announced a few months ago.
- As Emirates flight EK10 from London cruised over Saudi Arabia on Monday, news broke of a drone strike at its destination, Dubai. The aircraft turned back to Gatwick, flight data show, completing a 6,150 miles round trip, one of dozens of "flights to nowhere" triggered by the Middle East war.
- Pentagon staffers, former officials and IT contractors who work closely with the US military say they are reluctant to give up Anthropic’s AI tools, which they view as superior to alternatives, despite orders to remove them.
- OpenAI and Anthropic, together valued at over $1 trillion, have raised vast sums from a panoply of backers in the thus-far unprofitable quest to perfect silicon intelligence. In this week’s Viewsroom podcast, Breakingviews columnists discern the signs that this enthusiasm is hard to sustain.
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