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Economics Headlines
Rising oil prices linked to conflict push gas higher across Southern Nevada economy news3lv.com
Rising oil prices tied to an ongoing conflict are pushing gas prices higher, and the impact is spreading across Southern Nevada’s economy beyond what drivers se
Source: news3lv.com
US average diesel prices cross $5 a gallon as Middle East War tests global economy reuters.com
U.S. average retail diesel prices crossed $5 a gallon for only the second time ever on Monday as the war in the Middle East squeezes supplies of the industrial fuel, according to fuel markets tracker GasBuddy.
Source: reuters.com
Rubio, South Korea Foreign Minister Cho agree Strait of Hormuz key to global economy, Seoul says reuters.com
U.S. Secretary of State Marco Rubio said on a phone call with South Korean Foreign Minister Cho Hyun on Monday that cooperation among countries to secure safety in the Strait of Hormuz is more important than ever to stabilize the global economy and oil prices, Seoul said.
Source: reuters.com
Cuba Ready to Accept Outside Investment, Top Official Says nytimes.com
Cuba’s deputy prime minister said his country would announce on Monday a move to allow Cubans abroad to own businesses on the island and to invest in infrastructure.
Source: nytimes.com
Ireland INC pres. Ian Hyland on 250 Irish companies powering the U.S. economy qz.com
Opinion | How to Keep Up the Economic Pressure Against Iran wsj.com
If the shooting stops and the regime is still in power, the U.S. can still strike at its financial lifeline.
Source: wsj.com
With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts nytimes.com
President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
Source: nytimes.com
Trump’s war is bringing economic calamity to the UK – and another shock to our politics theguardian.com
Hard choices lie ahead for Downing Street if higher fuel prices spark resentment and trigger a renewed cost of living crisis, says Guardian columnist Gaby Hinsliff
Source: theguardian.com
Explainer: Why Kharg Island is vital to Iran and the global economy euronews.com
Strikes have already hit military infrastructure on a small Iranian island in the Persian Gulf — but if oil facilities are targeted next, the global economy could face a serious shock.
Source: euronews.com
The energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says fortune.com
The US might not fall into recession yet, but the consequences of higher-for-longer oil prices are almost impossible to control.
Source: fortune.com
Ray Dalio sees a pattern that shows China killing America’s economy. This 2,000-year chart explains why fortune.com
A Bank of America Institute analysis of 2,000 years of GDP data reframes American exceptionalism — and points toward what comes next.
Source: fortune.com
Trump Iran war goes on, oil prices keep going up bostonglobe.com
The US economy was more fragile heading into the war against Iran than anyone realized — leaving it ill-equipped to absorb soaring energy prices.
Source: bostonglobe.com
How badly has the Iran war hit the global economy? The tell-tale signs aljazeera.com
Economic jitters could cool California home sales, experts say sfgate.com
California real estate was poised to pick up during what’s normally the busy season.
Source: sfgate.com
Swiss government slams 10 million population cap plan as threat to economy reuters.com
The Swiss government on Monday pressed the electorate to reject an initiative aimed at restricting the population to 10 million, which it argues will jeopardise cooperation with the European Union and damage the economy.
Source: reuters.com
