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Ireland: How will energy crisis hit the economy?
Economics and business editor, BBC News NI Ireland's government this week moved to support people who are starting to feel the economic hit from the Iran war. Taxes on petrol and diesel were cut and there was an extra €150 benefit for around…
Apollo's top economist says markets are overreacting and the Iran war won't derail the US economy
Most economists are worried about the long-term impact of the Iran war, both on the stock market and the broader economy. Torsten Sløk of Apollo Global Management isn't one of them. Sløk, the top economist at the private equity giant…
No end to war in sight after one month as Iran squeezes global economy
All sides say they are winning. But one month into this war perhaps only one outcome is certain: Immense damage to the global economy. After four weeks, President Donald Trump is talking up negotiations to end this conflict that he started…
The Iran War's Economic Winners and Losers
Before the Iran war, a huge amount of the fossil fuel consumed around the world passed through the Strait of Hormuz, including 34 percent of the crude oil, 19 percent of the liquefied natural gas, and 16 percent of the refined petroleum. Whether…
EU Finance Ministers Tally Economic Hit of Iran War
Eurozone finance ministers raised expectations for inflation and lowered them for growth this year as the Iran war continues to roil energy markets. “The outlook is clouded by profound uncertainty, but it is clear that we are at the risk of…
How China's economy could be the biggest victim of the Iran war | Opinion
China's National Development and Reform Commission announced on Monday that it would raise its maximum retail prices for gasoline and diesel. The increases—prices are normally adjusted every 10 days—were the largest ever recorded, but…
Putin 'begs oligarchs for cash' to help boost Russia's war-ravaged economy
CASH-strapped Vladimir Putin thrust out his begging bowl in a meeting with billionaire oligarchs as he looks to prop-up Moscow's war-ravaged economy, according to Russian media. The dictator reportedly held a behind-closed-doors meeting with a team…
Watch How the Iran Conflict Impacts the Global Economy
How the Iran Conflict Impacts the Global Economy Geopolitical risks are rising as the Iran conflict threatens global markets. Bloomberg economist Stuart Paul and Marko Papic of BCA join Bloomberg Open Interest to break down the scenarios, including…
Mindef to focus on economic empowerment instead of welfare aid for military vets, says Khaled
KOTA TINGGI: The Defence Ministry is shifting its approach towards supporting military veterans by focusing on long-term employment and economic empowerment rather than relying solely on welfare assistance, says Datuk Seri Mohamed Khaled Nordin.
Sony hikes PS5 prices by up to $150 citing 'pressures' in global economy
Sony plans to raise prices of its PlayStation 5 console from April due to 'pressures in the global economic landscape.' In the U.S., the PS5 disc and digital edition will jump by $100 by the PS5 Pro price go up by $150. Sony is contending with…
Even wealthy Americans are souring on the economy as gas prices spike and stocks fall | CNN Business
Americans are growing more pessimistic about the US economy as the war on Iran continues to roil markets, with sentiment falling across all income groups - including the wealthiest.
Chinese VP calls for deepened China-South African economic cooperation
CAPE TOWN, March 27 (Xinhua) -- Chinese Vice President Han Zheng called for strengthened economic ties and broader strategic cooperation between China and South Africa during a forum in Cape Town on Friday. Han made the remarks at the China-South…
Yet More on Trade and Traumatic Economic Change
Thanks for your reply to my earlier note. You write: Not all jobs lost are the same. Not all jobs lost to free trade are the same. Not all factories that close are the same. Not all communities in which jobs are lost are the same. And not all free…
ALSTOM S.A: Alstom to deliver Belgrade's first metro: A historic leap in urban mobility and economic growth
Alstom will deliver a fully integrated, turnkey metro solution, including 32 Metropolis trains This flagship urban project valued at €915 million will support Serbia's long-term growth, connectivity and climate ambitions 27 March 2026…
Russia economy meltdown for Putin as refinery goes up in flames
A swarm of drones attacked and ignited Novo-Yaroslavsky Refinery in Yaroslavl Vladimir Putin is smarting from one of his worst weeks of the four-year war after Ukraine staged punishing new overnight missile and drone strikes on Russia. Giant…
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