<p>President&nbsp;Donald&nbsp;Trump backed off his threats to wipe out “a whole&nbsp;civilization".&nbsp;Instead, we have a ceasefire – at least for now. But how much damage has the conflict between Iran, the US and Israel already done to the global economy? Where will that damage show up next? And how long will the effects of the Iran shock be felt? Soumaya Keynes speaks to the FT’s economics commentator Chris Giles to discuss the economic consequences of the&nbsp;war&nbsp;and what policymakers should be doing to mitigate them.</p><br><p>Subscribe to Soumaya's show on&nbsp;<a href="https://podcasts.apple.com/gb/podcast/the-economics-show-with-soumaya-keynes/id1746352576" rel="noopener noreferrer" target="_blank">Apple</a>,&nbsp;<a href="https://open.spotify.com/show/64rPqCkSSBkuSJpkMLRe9i?si=70c1cb4221e54c9a" rel="noopener noreferrer" target="_blank">Spotify</a>,&nbsp;<a href="https://pca.st/6ysdzw0j" rel="noopener noreferrer" target="_blank">Pocket Casts</a>&nbsp;or wherever you listen.</p><br><p>Subscribe to Chris Giles on Central Banks&nbsp;<a href="https://www.ft.com/content/b5f95d26-338e-4779-a0a4-28aa99796f45?syn-25a6b1a6=1#:~:text=can%20sign%20up-,here,-to%20get%20the" rel="noopener noreferrer" target="_blank">here</a>.</p><br><p><strong>Further reading</strong></p><p><a href="https://www.ft.com/content/b5f95d26-338e-4779-a0a4-28aa99796f45?accessToken=zwAAAZ4J9GTRktO1-V0mM45HedOgpCiqmXlvRc9aFXenxaZK5tOvVjVDYZdtNwE.MEQCIH0Z4ZKt7MNHg-0gJrHyKjqCapaLih9ONNYOls0TmzM8AiBusNl3CxVOpUqz9VKG9u43DgEpvDqV9vJSwBHR6ivlqg&amp;segmentId=85462057-4e57-56c2-164f-e4ce1f09e15f" rel="noopener noreferrer" target="_blank">The Iran war shock is about half the size of Covid-19</a></p><p><a href="https://www.ft.com/content/5a1577a7-c5a6-4ae6-af56-354361976d37?accessToken=zwAAAZ4J9GTRktO1-V0mM45HedOgpCiqmXlvRc9aFXenxaZK5tOvVjVDYZdtNwE.MEQCIH0Z4ZKt7MNHg-0gJrHyKjqCapaLih9ONNYOls0TmzM8AiBusNl3CxVOpUqz9VKG9u43DgEpvDqV9vJSwBHR6ivlqg&amp;segmentId=85462057-4e57-56c2-164f-e4ce1f09e15f" rel="noopener noreferrer" target="_blank">The ECB’s three-pronged monetary strategy</a></p><br><p>Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner. Sound design by Simon Panayi. The FT head of audio is Cheryl Brumley.</p><br><p><a href="https://www.ft.com/content/0b0cf762-474d-4169-b40d-516a808190c6" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>