Shah Biographer Says Tehran ‘Desperate’ for Ceasefire
Original Report
Stanford University’s director of Iranian Studies, Abbas Milani, says the remnants of the Iranian government are desperate to reach a ceasefire that would end US and Israeli attacks. He says the...
Stanford University’s director of Iranian Studies, Abbas Milani, says the remnants of the Iranian government are desperate to reach a ceasefire that would end US and Israeli attacks. He says the strain on the economy means Iran will be unable to cope with a prolonged conflict. Milani, biographer of the last Shah of Iran, Mohammad Reza Pahlavi, speaks to David Ingles and Yvonne Man on Bloomberg's The China Show. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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