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News Headlines
Exclusive | Daniel Gros on what China can learn from the euro as it works for a global yuan scmp.com
Former European economic adviser says Beijing’s bid to build an international currency will hinge on leaders allowing it to fluctuate freely.
Source: scmp.com
Consumer confidence hits record low amid Iran war fears, K-shaped economy concerns ktvu.com
U.S. consumer confidence fell to its lowest level on record this month, driven by fears over rising costs tied to the ongoing war in Iran, even as official government data suggests the broader economy remains relatively stable.
Source: ktvu.com
Good news for business travellers ft.com
San Francisco, AI capital of the world, is an economic laggard economist.com
Iran shifts economic focus to essentials during war uncertainty aljazeera.com
Source: aljazeera.com
Video Economic fallout grows with key shipping route blocked abcnews.com
On “This Week,” ABC News’ Elizabeth Schulze reports on the Iran war’s economic impact.
Source: abcnews.com
Russia is facing a spring of discontent – and the Putin is responding the only way he knows how cnn.com
Four years after the full-scale invasion of Ukraine, Russia is facing a spring of discontent.
Source: cnn.com
Fossil Fuel Phaseout Talks Begin With Half The Global Economy forbes.com
The world’s first fossil fuel phaseout conference gathers 57 countries representing over 50% of global GDP, signaling a major shift in climate policy, energy security and global markets.
Source: forbes.com
Soaring stock market doesn’t mean economy has recovered inquirer.com
Consumer sentiment is lagging despite a record stock market. Small-business owners, meanwhile, appear nervous but not panicked, writes economist Mark Zandi.
Source: inquirer.com
Mood in Russia turns bleak as war in Ukraine drags and economy suffers washingtonpost.com
Russian President Vladimir Putin’s ratings are falling, and citizens are voicing despair, with the war in its fifth year, talks stalled and sanctions biting deeper.
Source: washingtonpost.com
U.S. Sanctions Zigzag in New World of Economic Warfare nytimes.com
With oil prices in mind, the Trump administration has deployed a haphazard approach to sanctions on Russia and Iran.
Source: nytimes.com
Trump’s Hormuz Blockade Has Deepened a Historic Shipping Crisis bloomberg.com
In early April — after a month of disruption around one of the world’s most important energy chokepoints — US President Donald Trump wrote that with “a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE.”
Source: bloomberg.com
Korea’s Real Economy Data to Reflect Middle East War Impact; U.S., Japan, Eurozone Face ‘Rate Week’ en.sedaily.com
Korea’s March industrial activity and tax revenue data will reveal the Middle East war’s impact, as the Fed, BOJ, ECB, and Bank of England prepare rate decisions this week.
Source: en.sedaily.com
Kamala Harris expected to blame Democrats and Republicans for failed economic policy at state party dinner nbcnews.com
The former vice president recently told the National Action Network Conference that she’s considering running for president in 2028.
Source: nbcnews.com
Korea’s Real Economy Data to Reflect Middle East War Impact; U.S., Japan, Eurozone Face ‘Rate Week’ en.sedaily.com
Korea’s March industrial activity and tax revenue data will reveal the Middle East war’s impact, as the Fed, BOJ, ECB, and Bank of England prepare rate decisions this week.
Source: en.sedaily.com