The Middle East conflict is putting pressure on factory orders, costs and jobs in China’s export-driven economy. Source: bbc.com

German Chancellor Friedrich Merz said the public would not accept climate policies that lead to deindustrialization, warning that they would hinder progress and innovation. Source: dw.com

Bessent pushed back on allegations that Trump family’s financial ties with UAE are driving decision to offer swap line. Source: aljazeera.com

On today’s show, NY Times business reporter Emmett Linder discusses the Iran war and how it is impacting the global economy. Source: fox10phoenix.com

The United States has halted dollar shipments to Iraq’s cash-based economy in an effort to force the Baghdad government to distance itself from Iran. The money comes from Iraq’s oil revenues. Source: nytimes.com

The United Arab Emirates has engineered one of the world’s most resilient travel and tourism economies. This Mideast war may be its biggest rebound test. Source: cnbc.com