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Migrant workers in the United Arab Emirates, whose hospitality industry has been hit hard by the war with Iran, are facing furloughs, pay cuts and even repatriation. Source: nytimes.com
Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair Source: theguardian.com
U.S. officials who met leaders of France’s far-right National Rally were underwhelmed by their economic plans, two diplomatic sources said, in a blow to the party’s efforts to present itself as a credible steward of the euro zone’s No. 2 economy before next year’s election. Source: reuters.com
Relief for global markets comes after Trump says Iranian officials are keen on a deal. Source: aljazeera.com
The fallout of the US and Israel’s war with Iran is poised to cost the Asia-Pacific economy hundreds of billions of dollars and plunge millions into poverty, a United Nations report said Tuesday. Source: cnn.com
China’s economic growth likely picked up in the first three months of the year, according to analysts surveyed by AFP, boosted by exports now impacted by the Middle East war, while domestic demand remains weak. Source: barrons.com
The line could cost £100bn but HS2 says it is spearheading wider regeneration in the West Midlands. Source: bbc.com
China’s export growth slowed in March as manufacturers grappled with surging energy costs, with the Iran war disrupting supplies, while imports jumped more than expected. Source: cnbc.com
A blockade of Iranian ports that President Donald Trump said began Monday could further disrupt oil prices Source: washingtonpost.com
Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran. Source: aljazeera.com
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