The war in Iran and the subsequent oil price shock have “abruptly darkened” the prognosis for global growth. That’s from a new report by the International Monetary Fund, which warns that the world could fall into a recession if the energy crisis continues. Is this the shock that finally tips a fracturing system? And how should countries prepare?
Gita Gopinath, a Harvard economist who was formerly second in command at the IMF, joined FP Live to game out the repercussions for the global economy.
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DiscussionsU.S. President Donald Trump arrived in Beijing for his meeting with Chinese President Xi Jinping to great fanfare but left with little to show for it. What does the Trump-Xi summit reveal about the balance of power between the world’s two biggest economies?
China scholar Rana Mitter joined FP Live’s Ravi Agrawal to debrief on what was gained from this diplomatic mission.
While much of the world is suffering from the spike in energy prices, Russia has enjoyed a rare windfall from increased oil revenues. Alexander Gabuev argues that U.S. President Donald Trump’s moves in Iran and Venezuela are not only a boon to Russian interests but also will push Moscow into a deeper partnership with Beijing. The director of the Carnegie Russia Eurasia Center joined FP’s Ravi Agrawal to explain how Russia is navigating a moment of particular global flux.
How are regular Iranians coping with months of war and economic pressure? How have U.S. and Israeli attacks changed their perception of their own government? Journalist Ali Hashem spent weeks in Tehran since the war began and argues that Iran’s current leaders have adapted and unified over the course of the conflict. Hashem sat down with FP Live’s Ravi Agrawal to discuss what he’s been seeing and hearing in the country.
On a special ask-me-anything episode, regular host Ravi Agrawal will take stock of a world at war. What does the Iran conflict mean for the global economy or traditional alliances? More than a year into U.S. President Donald Trump’s second term, how are world leaders navigating his leadership? And what of the U.S.-China relationship? FP Live’s executive producer, Dana Sherne, turned the tables on Agrawal, taking questions from FP subscribers and viewers alike.
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