How Trump’s war on Iran is jeopardising Asia’s remittance lifeline
The conflict with Iran, exacerbated by former US President Donald Trump's policies, is significantly impacting remittance flows from Gulf economies to Asia. Millions of migrant workers in the Gulf, particularly in the UAE and Qatar, are facing job losses and reduced income. These remittances, totaling billions of dollars annually, are crucial for supporting hundreds of millions of people across Asia, and their disruption risks a crisis. AI
