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“Once a major player in solving conflicts and crises around the world, the 81-year-old institution has been sidelined from the top table in trying to end the wars in Iran, Ukraine and Gaza.”

“Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar in a stark reflection of how the war in the Middle East has steadily eroded the Iranian economy.”

“Meanwhile, the more than four-year war between Russia and Ukraine shows no end in sight as both sides have only ramped up military attacks in recent days while numerous diplomatic efforts to end the conflict have failed to break through.”