Aljazeera Source Middle East tensions are ratcheting up, bringing the region closer towards an all-out war. The geopolitical risk rose after Iran launched a major ballistic missile attack targeting sites across Israel. The escalation comes almost a year after Israel started its war on Gaza. A widening war in the region could carry heavy costs for the parties involved, including economic and humanitarian losses. The long-term effects could also have serious ramifications for the global economy. A surprise economic stimulus in China, but will the huge package revive its slowing economy? Plus, is Zimbabwe facing yet another currency crisis?
