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Economic arm-twisting with tools like tariffs showed its limitations Source: bloomberg.com
The South African rand weakened in early trade on Monday as the ongoing conflict in the Middle East rattled investors and added to global economic uncertainty. Source: reuters.com
The U.S.-Israeli military assault on Iran threatens to push up inflation and make a dent in Europe’s already meagre economic growth. Source: reuters.com
Chile’s economic activity grew for the second straight month in January as mining bounced back, the central bank reported as investors mull whether policymakers will cut their interest rate later in March. Source: bloomberg.com
Republican and Democratic senators are quietly mulling ways to limit the impact of a prolonged government shutdown on air travel and, by extension, the broader U.S. economy amid a stalemate on fund… Source: thehill.com
India’s growth is at risk from the crisis in the Middle East if the conflict endures and disrupts oil supplies from the region that meet a large share of demand in the world’s third-largest oil consumer, economists said. Source: bloomberg.com
Relations had deteriorated after Canadian officials alleged that India was involved in the killing of a Canadian Sikh activist near Vancouver in 2023, which New Delhi denied. Source: nbcnews.com
A new report ascribes a cost to the \ Source: usatoday.com
Turkey’s economic growth slowed in the fourth quarter compared to the previous three months, as policymakers maintained a tight stance to curb double-digit inflation. Source: bloomberg.com
Turkey’s economy grew 3.4% year-on-year in the fourth quarter of last year, with full-year growth also just below forecast at 3.6%, official data showed on Monday. Source: reuters.com
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