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Three of Asia’s most vulnerable economies are showing rising strains as their central banks come under pressure to tighten policy even as the economic hit from the Iran-war oil shock deepens. Source: bloomberg.com
DUBAI, United Arab Emirates (AP) — The United Arab Emirates for decades has advertised itself as a haven for international business in a Middle East awash in violent upheaval. Those waves have now … Source: thehill.com
The United Arab Emirates for decades advertised itself as a haven for business in the Middle East. But the UAE, a close ally of the United States and Israel, faced more combined missile and drone attacks from Iran in the war than any other country. Source: apnews.com
Risks to the global economy have worsened as the conflict in the Middle East drags on, OECD Secretary General Mathias Cormann said on the sidelines of a Group of Seven meeting. Source: bloomberg.com
The United Arab Emirates for decades advertised itself as a haven for business in the Middle East. Source: clickondetroit.com
Russia is facing a labor shortage so severe it’s likely to be a drag on the economy for years, as an aging population and the war in Ukraine shrink the available workforce. Source: bloomberg.com
Japan’s economy grew much faster than expected at the start of the year, supporting the case for further Bank of Japan interest-rate hikes, though the outlook remains highly uncertain due to the Middle East conflict. Source: bloomberg.com
Japan’s economy grew an annualised 2.1% in the first quarter, data showed on Tuesday, a sign it was on a solid recovery path before the energy shock caused by the Middle East conflict muddled the outlook. Source: reuters.com
Source: cbsnews.com
Democratic candidates for DC mayor discuss improving the city’s economy. Source: fox5dc.com
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