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Hormuz crisis strangling global economy, Guterres warns, demanding solutions to end stalemate
António Guterres decried the restrictions on free passage through the crucial chokepoint which is “impeding the delivery of oil, gas, fertilizer, and other critical commodities” and “strangling the global…
Mexico's Economic Output Shrinks in First Quarter -- Update
Gross domestic product, a measure of output in goods and services, contracted 0.8% from the previous quarter in seasonally adjusted terms, national statistics institute Inegi said Thursday. Industrial production fell 1.1%, services were down 0.6%…
Abortion is an economic issue Republicans aren't ready to face
Republicans are wildly out of touch with the American people when it comes to abortion access, so now they've decided to just stop talking about it. New research from Reproductive Freedom for All shows why that won't work — voters connect…
4 charts show how war is throttling Iran's economy
The war in the Middle East is entering its third month, and Tehran is struggling. Iran's economy is flashing signs of serious economic stress, which is increasing the longer the conflict drags on. The nation, one of the world's largest oil…
Carbon capture and storage: Powering the future of Louisiana's industrial economy
What do the oil and gas, chemical, agribusiness, steel, and information technology sectors have in common? Each play a part in Louisiana's diversified industrial economy – and they are all exploring how carbon capture and storage (CCS)…
The US economy bounced back in the first quarter of 2026
The US started 2026 with a comeback. US real gross domestic product rose at an annualized rate of 2% in the first quarter, short of the 2.2% expected but above the 0.5% rise in the fourth quarter of 2025. Other data releases show how the economy…
US and Iran hold economic standoff
Iran's stranglehold on the Strait of Hormuz has sent average U.S. gas prices to their highest average point since the war started – about $4.23 per gallon – as President Trump's approval ratings continue to plummet. But the president…
Spain's Economy Bucks EU's Iran Concerns
Welcome to the Brussels Edition. I'm John Ainger, Bloomberg climate and energy reporter, bringing you the latest from the EU. Make sure you're signed up. The crisis in the Middle East is set to be a major economic shock for the world economy. But…
US economy grows 2% in January-March; Iran war clouds outlook
The US economy accelerated at the start of 2026, expanding at a modest 2 per cent pace from January through March after recovering from last fall's 43-day federal government shutdown. But the outlook is clouded by the Iran war. The Commerce…
Even before the Iran oil shock, US economy was under stress
Given current economic conditions, one wonders whether you can say the same about President Donald Trump's administration, and whether the president and his economic advisers fully grasp the harm the confrontation with Iran has caused. His effort…
Mexico's Economy Posts Largest Quarterly Drop Since 2024
Mexico's economy shrunk by the most in more than a year in the first quarter in the latest economic setback for President Claudia Sheinbaum and despite her efforts to boost local and foreign investment to stimulate growth.
Ben Powell 'Economically, nobody is winning this war
' Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.' Two months into the West Asia war, Ben Powell, chief investment strategist for Asia-Pacific at BlackRock…
Mexican Economy Posts Largest Drop in a Quarter Since 2020
Mexico's economy shrunk by the most in nearly six years in the first quarter in the latest economic setback for President Claudia Sheinbaum and despite her efforts to boost local and foreign investment to stimulate growth. Gross domestic product…
France's Economy Stalled in First Quarter
The French economy had an unexpectedly weak start to the year, and is likely to struggle ahead as a jump in energy prices weakens consumer spending and delays a hoped for recovery in industry. The conflict in the Middle East is the latest blow to…
US entering 'C-shaped economy,' Hilton CEO says
The American economy may be transitioning to a new phase in which growth is no longer reserved for the wealthiest consumers, according to the CEO of the hospitality giant Hilton, who believes rising demand at lower- and mid-priced hotels points to…
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