Source: cbsnews.com

Good news: Oil traders are betting the Iran war will end fairly soon. Bad news: They’re also betting the economic damage from the war could last for years. Source: cnn.com

A slight cooling in Tokyo inflation and a pullback in industrial output send mixed signals about Japan’s economy. Source: wsj.com

The Iran war has clouded the outlook for a South African economy that had entered its longest period of economic expansion since 2018, the country’s central bank said. Source: bloomberg.com

Russian tycoon Oleg Deripaska proposes six-day workweeks to bolster Russia’s economy. Source: businessinsider.com

South Korea unveiled a supplementary budget worth billions of dollars to cushion its economy from the fallout of the Iran war, as soaring oil prices and global supply disruptions intensify pressure on households and businesses. Source: bloomberg.com