War, as one of the most destructive phenomena in human history, always has a major impact on the world economy. The latest global news shows that armed conflicts—both large and small scale—cause turmoil in various economic sectors. One of the most obvious impacts of war is increased military spending. Countries involved in conflict tend to allocate most of their budgets to defense, reducing investment in other sectors such as education and health. For example, many countries are diverting funds from public infrastructure to arms procurement, potentially harming long-term growth. Additionally, war affects international trade. Trade routes can be disrupted by conflict, causing price spikes and supply shortages. Damaged logistics also results in increased transportation costs, having a negative impact on consumers and business people. For example, conflicts in several regions of the Middle East have resulted in a spike in global oil prices, affecting all countries in the world. Labor is also one of the sectors affected. During the war, many workers were forced to flee, both internally and internationally. This has resulted in labor shortages in various industries. In addition, psychological trauma resulting from war can reduce labor productivity, increasing the economic burden. The investment sector also experienced a significant impact. The political and security uncertainty resulting from war makes investors hesitant to invest. This has an impact on decreasing currency exchange rates and increasing borrowing costs. In many cases, countries involved in conflicts are unable to attract foreign investors, which further worsens economic conditions. Inflation may also increase as a result of war. When resources are limited and production costs rise, the prices of goods and services tend to soar. This puts increased pressure on people’s purchasing power and fuels social discontent, which could lead to more upheaval. The environmental impact of war should not be ignored. Damage to infrastructure and ecosystems resulting from armed conflict can cause long-term economic losses. As forests, agricultural land, and water resources are destroyed, the country’s ability to produce sufficient food is increasingly depleted. Finally, international aid initiatives typically increase during war, but are often insufficient to meet immediate needs. Civil society is the main victim in terms of access to basic services, worsening their health and welfare conditions. In a global context, the impact of war sees wide variations depending on its location and intensity. However, one thing is clear: armed conflict always has serious consequences for the world economy, with the potential to change the global order. Latest global news needs to include in-depth analysis of these impacts for a better understanding of the situation unfolding around the world.