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The continued closure of the strait has sent gas prices soaring and could cause further damage to the world economy ahead of U.S. midterm elections, while the blockade is strangling Iran’s economy. Source: pbs.org
The prime minister says the federal government will put up money alongside private investors to fund major projects. Source: aljazeera.com
Gulf Cooperation Council (GCC) economies are sliding into their worst economic crisis since the pandemic, with several expected to contract this year on spillovers from the U.S.-Israel war with Iran right on its doorstep. Source: reuters.com
After a shocking weekend in Washington, attention will now focus on the visit of King Charles to the U.S. on Monday as well as what could well be the last Federal Reserve meeting as chairman for Jerome Powell. Meanwhile, Congress will have a busy agenda trying to resolve outstanding funding for the … Source: usnews.com
China’s strategic reserves of oil and natural gas have insulated it somewhat, but its manufacturing-based economy is beginning to falter. Source: nytimes.com
For Germany, 2026 was meant to mark a new chapter. But the economy’s rebound already looks feeble. Source: bloomberg.com
Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with emerging and developing markets facing rising inflation, growing fiscal strains and trade disruptions. Source: reuters.com
A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate. Source: scmp.com
NEW DELHI (AP) — India and New Zealand on Monday signed a free trade agreement to deepen economic ties and expand market access, as both countries navigate mounting global trade disruptions. The deal comes as New Delhi moves to diversify export markets to offset the impact of steep tariffs imposed … Source: usnews.com
India and New Zealand have signed a free trade agreement to deepen economic ties and expand market access Source: abcnews.com
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