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Available for over a year<\/p>\n
It\u2019s almost two months since the United States and Israel went to war with Iran. And in spite of a ceasefire the vital Strait of Hormuz through which 20 per cent of the world\u2019s oil and liquefied natural gas passes on tankers, is still effectively closed. The oil price remains high, affecting economies around the world. The most recent assessment from the International Monetary Fund warned that the war could throw the world economy \u201coff course\u201d and a prolongued conflict risked causing a global recession. David Aaronovitch asks what this means for us now and whether an end to the conflict could re-set the world\u2019s economies or have conditions changed for good?<\/p>\n
Guests:
\nJoseph Stiglitz, American economist and recipient of the Nobel Memorial Prize in Economic Sciences and Professor at Columbia University
\nDuncan Weldon, author and economist
\nDiana Choyleva, economist and founder of Enodo Economics. <\/p>\n
Presenter: David Aaronovitch
\nProducers: Caroline Bayley, Sally Abrahams, Kirsteen Knight
\nProduction Co-ordinator: Maria Ogundele
\nSound engineer: Neil Churchill
\nEditor: Richard Vadon<\/p>\n