If Israel attacks Iran, it is “unlikely” that “anything” will remain of the Jewish state. This is the new warning launched by the Iranian president, Ebrahim Raisi, during a speech at the University of Lahore. Raisi, quoted by the Tasnim news agency, has been in Pakistan since yesterday for a three-day official visit.
Stressing that Iran “punished the Zionist regime for the crime it committed”, namely the attack on the consulate of the Islamic Republic in Damascus, Raisi stated that “if the Zionist regime made the mistake of invading the Holy Land of Iran , the situation will change and it is unlikely that anything will remain of this regime.”
Iranian Foreign Minister: EU sanctions ‘deplorable’
For his part, Iranian Foreign Minister Hossein Amir-Abdollahian branded the sanctions launched by the European Union following the Iranian attack on Israel as “deplorable”. “It is regrettable to see the EU quickly decide to apply further illegal restrictions against Iran just because Iran exercised its right to self-defense in the face of Israel’s reckless aggression,” he writes in a comment posted on X. “L ‘The EU should not follow Washington’s advice’ to respond to the demands of the ‘criminal Israeli regime’.
“It is also regrettable,” he continues, “that while the Israeli regime continues its genocide against the Palestinians through various war crimes, missile attacks and famine, the EU’s reaction to such crimes is almost nothing more than empty words. The EU must act responsibly and sanction the Israeli regime”, he concludes.
The expert: Israel-Iran tension has no lasting impact on the global economy for now
“Regarding the escalation of conflict in the Middle East, although financial markets have a tendency to overlook geopolitical uncertainties, the prospect of an expansion of hostilities does not fail to raise concerns, especially when considering two risk factors. first is the market sentiment, since during crises investors liquidate risky assets and invest in “safe haven assets”, such as gold or government bonds. The second is the macroeconomic impact , with the risk of slower growth and higher inflation, driven by a combination of sentiment and supply chain pressures.” Thus Richard Flax, chief investment officer of Moneyfarm, an independent financial consultancy company with a digital approach, specialized in medium-long term investments.
According to Flax “The current situation remains very uncertain, but it is too early to conclude that there will be a long-term impact on the global economy. Geopolitics are complicating the short-term outlook and have weighed on market performance in recent days, as well as on the challenges that policymakers find themselves having to face as they seek the balance between inflation and growth.
