The US Bombing of Iran: What Does Our Data Says About the Impact on the Rest of the Middle East?

Given the developments early Sunday morning in Iran, I was able to look at how the ICRG ratings and forecasts were evolving, especially in relation to some countries within the region.

What do we see?  Egypt’s risk profile is deteriorating over capital flight, a sinking pound, and renewed inflationary pressures.  A similar movement I being seen in Iraq as worries mount over being drawn into the conflict and the actions of the various militia; and the Hezbollah groups within Lebanon – and whether they will become involved – are doing little to help the country’s Eurobond exposure as the reform agenda is getting bogged down.

There’s some interesting literature being unsurfaced on the use of the ICRG data, particularly as it affects the way in which economic sanctions expand informal economies in the targeted country. (https://www.jstor.org/stable/45223005?searchText=ICRG%20and%20iran&searchUri=%2Faction%2FdoBasicSearch%3FQuery%3DICRG%2Band%2Biran%26so%3Drel&ab_segments=0%2Fbasic_search_gsv2%2Fcontrol&refreqid=fastly-default%3Afd992de29a59bb46263631cfa07e1a3d)

Tomorrow (June 23rd) our inaugural newsletter will be released to subscribers which will contain all kinds of material affecting our data, geopolitics, and trends and nuances not found via the commentary being generated around the US bombing of Iran nuke facilities.  Stay tuned.

Our data drives.

The PRS Group

www.PRSGroup.com

CHRISTOPHER MCKEE, PHD CHIEF EXECUTIVE

Christopher McKee is PRS’ CEO and Owner. An international political economist, global investor, entrepreneur, and author, Chris received his PhD from Queen’s University (Canada) and has been involved in the field of geopolitical risk, limited recourse financing, and private sector development for the past 25 years.