Paris, France, March 23, 2026 (AFP) - Middle East war: global economic fallout

NAMPA / AFP
2026-03-23
Here are the latest economic events in the Middle East war: - European markets slump - European stock markets extended heavy losses at the start of trading on Monday following sharp falls for Asian equities after US President Donald Trump and Iranian leaders traded threats over the key Strait of Hormuz. London's benchmark FTSE 100 index shed 1.4 percent, Paris lost 1.7 percent and Frankfurt tumbled 2.0 percent. - US benchmark oil breaches $1......
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MARIENTAL, 22 March 2026 - Minister of ICT, Emma Theofelus, addresses Hardap residents during the Independence celebrations in Mariental. (Photo: Contributed)

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GOBABIS, 21 March 2026 - Director General of the National Planning Commission, Dr Kaire Mbuende. (Photo: Contributed)

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OSHAKATI, 21 March 2026 - Chairperson of the Uukwambi Traditional Authority, Herman Iipumbu, pictured during the 36th independence anniversary celebration in Oshakati. (Photo by: Ester Hakaala) NAMPA

OSHAKATI, 21 March 2026 - Chairperson of the Uukwambi Traditional Authority, Herman Iipumbu, pictured during the 36th independence anniversary celebration in Oshakati. (Photo by: Ester Hakaala) NAMPA

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WINDHOEK, 21 March 2026 - Members of the public at the 36 Independence celebrations at the Sam Nujoma Stadium in Windhoek. (Photo by: Ali Negumbo) NAMPA

WINDHOEK, 21 March 2026 - Members of the public at the 36 Independence celebrations at the Sam Nujoma Stadium in Windhoek. (Photo by: Ali Negumbo) NAMPA

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WINDHOEK, 21 March 2026 - Minister of Defence and Veterans Affairs, Frans Kapofi, speaks at the Independence celebrations at the Sam Nujoma Stadium. (Photo by: Uakutura Kambaekua) NAMPA

WINDHOEK, 21 March 2026 - Minister of Defence and Veterans Affairs, Frans Kapofi, speaks at the Independence celebrations at the Sam Nujoma Stadium. (Photo by: Uakutura Kambaekua) NAMPA

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WINDHOEK, 21 March 2026 - Minister of Defence and Veterans Affairs, Frans Kapofi, speaks at the Independence celebrations at the Sam Nujoma Stadium. (Photo by: Uakutura Kambaekua) NAMPA

WINDHOEK, 21 March 2026 - Minister of Defence and Veterans Affairs, Frans Kapofi, speaks at the Independence celebrations at the Sam Nujoma Stadium. (Photo by: Uakutura Kambaekua) NAMPA

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WINDHOEK, 21 March 2026 - Former Trade and Industry Minister and liberation struggle veteran Ben Amathila pictured at the 36th independence celebrations in Windhoek. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 21 March 2026 - Former Trade and Industry Minister and liberation struggle veteran Ben Amathila pictured at the 36th independence celebrations in Windhoek. (Photo by: Eba Kandovazu) NAMPA

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