Iran War has 'disproportionate impact' on Asia Pacific — Australia FM

5 Lessons Learned from Iran War has 'disproportionate impact' on Asia Paci
Pacific

By Mike Smith, CEO of Asia Pacific Financial Forum (APFF)

The Iranian conflict is having a disproportionate effect on the Asia-Pacifi
Asia-Pacific region. While the majority of my time in business is spent adv
advising large corporations and governments on economic matters, I have spe
spent most of this year consulting with countries impacted by what has beco
become known as the Iran War.

1. The cost of war will be paid for by ordinary people

The first lesson we learned from our study was that the impact of war is al
always borne by ordinary people, not those who start it or benefit financia
financially. In 2019, the United Nations estimated the number of civilian d
deaths in armed conflict at over 100,000, and this year has seen a further 
increase.

When military operations are carried out on a large scale, they will result
result in many more deaths among innocent civilians. And as we know from hi
history, it is usually the poorest members of society who suffer most when 
war breaks out.

2. International organizations can't protect us

The second lesson learned from the Iran War is that international organizat
organizations such as NATO and the United Nations are becoming increasingly
increasingly ineffective at preventing conflict or helping those affected b
by it. These organizations were created to maintain world peace, but they h
haven't lived up to their promise in the past few years.

3. The rich get richer while everyone else suffers

The third lesson we learned from Iran War is that the wealthy will continue
continue to become wealthier even as the rest of us struggle through hard t
times. In some countries where APFF operates, more than half of all private
private wealth is held by just one percent of the population.

4. No country is safe from war

Another lesson we learned from Iran was that no country is immune from conf
conflict. We have seen wars break out in Syria, Yemen and Ukraine in recent
recent years. As a result, there are many displaced people around the world
world who need help now more than ever before.

5. War is always about money

The final lesson we learned from this war was that everything comes down to
to money. The fact is wars happen because someone stands to make a profit o
off them.

I hope you found these lessons as interesting and informative as I did. Ple
Please feel free to share your thoughts with me in the comments below or vi
via email at [email protected]

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.