From night life in Egypt to rice farming in Vietnam, the war in Iran is a drain

""Maybe for the states or for Europe 9 p.m. is not bad, but in Egypt usually we stay out until midnight or even after midnight. So this was a big shock for lots of people," says Ahmed Kamaly, professor of economics at the American University in Cairo."

""There are so many things that are going to go south anyway because of this war," he says."

""This kind of energy shock caused by the war moves very quickly through three channels, eventually hitting household budgets," says Steven Were Omamo, Africa director of Africa for The International Food Policy Institute in Nairobi."

Cairo's streets, usually vibrant in the evening, are now quiet due to a government mandate closing businesses at 9 p.m. to conserve energy. This decision has resulted in significant unemployment and income loss, as many businesses can no longer operate during peak hours. The ongoing war in Iran has exacerbated economic challenges in the Global South, affecting imports and remittances. Currencies are depreciating, inflation is rising, and job opportunities are dwindling, leading to widespread economic disruption across Africa and Asia.

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