Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Looks Like the Economy Is Hitting a 'Nightmare Scenario'
Can't-miss innovations from the bleeding edge of science and tech Tankers in the Strait of Hormuz have ground to a halt, cutting off much of the world from vital oil supplies due to the United States' war on Iran. Dwindling supplies and cut output…
UAE ECONOMY RELIES ON HIGH LEVELS OF FISCAL AND ECONOMIC RESILIENCE
WAM- S&P Global Ratings affirmed its ‘AA/A-1+' long- and short-term foreign and local currency sovereign credit ratings on the UAE with stable outlook. The stable outlook reflects the agency's view that the UAE's large fiscal and external…
How high could oil go, and what might the global economic fallout be?
Fears over the global economy have been stoked by the oil price soaring past $100 a barrel as a result on the US-Israel war with Iran. Economists say the increasing likelihood of a prolonged conflict in the vital energy exporting region could have…
War brings uncertainty and higher energy costs to weakening economy
The ' fog of war ' refers to confusion and uncertainty on the battlefield and the attendant possibility of fatal error. This principle has a parallel when it comes to the economic consequences of wars as well, especially when they occur in a region…
History shows the economic and market impact of oil's $100 shocker will depend on how long it lasts
Oil prices hit their highest level in nearly four years amid energy disruptions stemming from the Iran war, and history holds some clues about how that will impact markets and the economy. Brent crude oil jumped above the $100 mark on Sunday night…
Keir Starmer warns of impact of Iran conflict on UK economy
The longer the Iran conflict lasts, the more likely it is that there will be an effect on the economy, Sir Keir Starmer has warned. Speaking at a community centre in London, the prime minister said he understood people's anxiety and that his…
Keir Starmer warns of impact of Iran conflict on UK economy
Kate Whannel Political reporter The longer the Iran conflict lasts, the more likely it is that there will be an effect on the economy, Sir Keir Starmer has warned. Speaking at a community centre in London, the prime minister said he understood…
Trump's 'roaring economy' meets a rough start to 2026 with job losses, rising gas prices and uncertainty
WASHINGTON (AP) — President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America's future. In his State of the…
Why has the Iran war sparked fears of stagflation for the global economy?
With oil prices soaring and stock markets falling, economists warn that a prolonged conflict in the Middle East risks knocking growth worldwide and boosting prices Oil prices continued to surge on Monday, triggering a stark sell-off across some of…
Trump's Iran war spills beyond Middle East as world economies rocked by oil shock
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Donald Trump 's war exploded into a global…
PVO: The big squeeze is coming as Iran war sparks economic jitters
Today the ASX plunged four per cent, wiping $130billion off its value. It's on track for its worst daily sell off since the fallout from Donald Trump 's so-called Liberation Day tariffs last year. But wait, there's more, because the situation we…
iPhone 17e review: The economical choice
By introducing the iPhone 17e just a year after the iPhone 16e, Apple is closing some gaps. Before, the company would only roll out a new entry-level iPhone every few years, with the iPhone 5c (2013), iPhone XR (2018) and iPhone SE (2016, 2020…
Trump's War Is Destroying the Global Economy
Bluesky Donald Trump's war against Iran is already turning out to be a military, diplomatic, environmental and humanitarian disaster. But none of this seems to matter to the president, who has been remarkably complacent and dishonest about the…
Keir Starmer in UK economy warning as Middle East war rages on
Keir Starmer has warned the longer the US-Israeli war with the Iranian regime rages on the more likely it is there will be an economic hit to the UK. But the Prime Minister insisted on Monday morning the economy was strong enough to absorb the…
Keir Starmer insists economy well placed to absorb 'likely impact' of Iran war
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The longer the war in the Middle East…
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