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Despite a ceasefire agreement between the U.S. and Iran, there is still a great deal of economic uncertainty surrounding the Strait of Hormuz and its global impact as ships go through under Iran’s control. Source: ktvu.com
Tehran and Beijing both stand to gain from boosting status of the Chinese yuan. Source: aljazeera.com
The Iran war risks not just an energy Shock—but also a debt crisis. Source: foreignaffairs.com
New research predicts impact of lower productivity and workers quitting because of long-term illness after Covid-19 Source: ft.com
The Reserve Bank of India kept its key policy rate unchangedon Wednesday as it awaits clearer evidence of the impact from the Iran war on the South Asian nation’s economy. Source: reuters.com
“Our demand has always been for a sovereign led ceasefire,” Lebanon’s Economy Minister Amer Bisat tells CNBC’s Dan Murphy after President Trump and Iran agree to two-week ceasefire which does not include Lebanon, according to Israel’s Prime Minister. Source: cnbc.com
BOGOTA, April 7 (Reuters) – Colombian President Gustavo Petro said on Tuesday evening that his government would submit an economic emergency decree and a new tax reform bill to Congress to balance the 2026 budget. The president said that if Congress did not approve his economic proposals, Source: usnews.com
U.S. consumers are facing rising costs as the war in Iran drags on, and the Strait of Hormuz remains closed to a significant portion of trade. Gas prices have been the most obvious result, as the U.S. national average cost of a gallon of gas reached $4.14 today, the highest it’s been since 2022 and […]
Marty owns an appliance store in Woodbridge, and he, like many Northern Virginian business owners, is concerned about the policies coming out of Washington and Source: wjla.com
China’s “petroyuan” system is a player in a way that it wasn’t before. Source: fortune.com
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