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...
#Global Economy 43 articles
World Business
Global Economy Faces Stagflation Threat as War’s Impact Emerges
New business surveys will reveal the full economic toll of seven weeks of Middle East conflict, raising fears of stagflation as growth...
World Business
US Gasoline Prices Top $4 Mark Again
US regular gasoline prices have surpassed $4 a gallon for the first time since 2022, driven by global energy supply disruptions. This...
Investing
Bessent: Iran Security Trumps Economic Pain; IMF Warns Recession Risk
US Treasury Secretary Scott Bessent asserts short-term economic pain is justified for long-term security from Iran, even as the IMF warns of...
Economy
French Container Ship Crosses Hormuz Strait
A French-owned container ship has become the first vessel from a major Western European firm to transit the Strait of Hormuz since...
Economy
Trump’s Tariffs: One Year Later, Four Shifts Reshape Global Trade
A year after President Trump launched his trade war, US tariff rates are at decades-high levels, driving a significant decoupling between the...
Economy
35 Nations Convene to Unlock Strait of Hormuz, Oil Prices Jump
Thirty-five nations, led by the UK, are meeting to address the closure of the Strait of Hormuz, a critical shipping route whose...