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Why Goldman Sachs thinks India’s economy can weather the Iran conflict’s energy shock cnbc.com
Santanu Sengupta of Goldman Sachs forecasts the RBI to hike rates by 50 basis points in 2026 and the rupee to trade over the 95 mark against the U.S. dollar over the next 3-6 months, and says that the impact of the energy shock on India’s economy is manageable. Source: cnbc.com
BOJ says regional economies could worsen due to fallout of Middle East conflict reuters.com
The Bank of Japan said on Monday some regional economies could worsen due to surging oil prices and supply disruption brought about by conflict in the Middle East. Source: reuters.com
Pair of Democrat lawmakers slam ‘blockade of fuel’ to Cuba, ‘economic bombing’ after visit to island foxnews.com
Reps. Pramila Jayapal and Jonathan Jackson said after a Congressional delegation to Cuba that U.S. economic restrictions on the island represented an “illegal U.S. blockade of fuel.” Source: foxnews.com