Economy
Iran War Threatens Deeper Trade Crisis Than COVID
The Iran war's disruption of the Strait of Hormuz poses a greater, more acute supply chain challenge than COVID-19, forcing a fundamental...
#Energy Prices 16 articles
Economy
BoC Ready to Hike Rates if Energy Prices Fuel Broader Inflation
Bank of Canada Governor Tiff Macklem told MPs that interest rate hikes are possible if high energy prices lead to persistent, generalized...
Economy
Minister: Price Hikes to Persist Eight Months Post-Iran War
UK faces prolonged price rises for energy, food, and flights for at least eight months following the end of the US-Iran conflict,...
World Business
Euro Area Business Activity Shrinks First Time Since Late 2024
Euro area business activity contracted for the first time since late 2024, driven by a weak services sector and suppressed demand linked...
Economy
Inflation’s Latest Climb: How 3.3% Impacts Your Wallet
New inflation figures show a rise to 3.3%, driven by fuel costs. Understand the implications for household budgets, food prices, and interest...
Economy
Gold Plunges 1.9% as Hormuz Incidents Reignite Inflation Fears
Gold dropped sharply after vessels came under fire in the Strait of Hormuz, renewing energy supply fears and stoking inflation concerns amid...
Finance
Iran War Threatens Global Stagflation, EBRD Economist Warns
The Iran war's ongoing hostilities are raising concerns of global stagflation, according to EBRD chief economist Beata Javorcik. She warns that sustained...
Economy
China’s Economy Grows 5%, Outperforming Forecasts Despite Iran War
China's economy expanded faster than expected in the first quarter, posting 5% GDP growth despite the global impact of the US-Israel war...
Finance
Major Banks Post Strong Profits, Warn of Energy Price Risks
The nation's biggest banks reported robust first-quarter profits, fueled by a resilient economy and a surge in investment banking activity. However, executives...