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After US President Donald Trump walked back his threats to wipe Iran off the map there’s now a two-week ceasefire in place.

Hours before this kicked in, the Singapore Government announced in Parliament on April 7 support measures to help cushion the cost increases resulting from the Middle East conflict.

These included disbursing $500 in CDC vouchers half a year early and a $200 increase in the Cost-of-Living Special payment.

Six weeks into this war, the question now is: do things get better from here, or are we just having a moment of respite before the knock-on effects continue to worsen?

In this podcast episode, I chat with economists Danny Quah, Li Ka Shing Professor in Economics at Lee Kuan Yew School of Public Policy, and Sheana Yue, a senior economist at global economic advis...