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ECONOMIC PRESSURE ON IRAN
After Trump-Xi handshake, Bessent says US-China 'Busan Agreement' extended till January 10US Treasury Secretary Scott Bessent announced the extension of the trade truce with China until January 10. This agreement allows more time...
Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...
Global Market: UK business growth cools as inflation pressures build in SeptemberBritish business activity weakened in September, with the services PMI falling to a three-month low while inflationary pressures intensifie...
UK business activity cools as inflation pressure ramps up, PMI showsBritish business activity growth has slowed this month amidst pressures of inflation, showed a S&P Global survey on Wednesday. Prices charg...
Global Market Today: Asian stocks rise after US tech rally, oil dropsMSCI’s Asia Pacific equity index climbed 0.3%, a sixth straight day of gains, with Japanese markets closed for a holiday. Bellwether chip s...
Iran is waiting to see how I do in mid-term election: TrumpTrump called for the complete economic isolation of Iran in his UN speech, while saying he expected a deal with Tehran after the November m...
Trump threatens to ‘annihilate’ Iran, says deal will come after US midtermsUS President Donald Trump delivered a sharply worded warning to Iran at the UN General Assembly, saying Tehran faces a choice between reach...
Fitch upgrades Sri Lanka's rating to 'B-'Fitch Ratings upgraded Sri Lanka’s long-term foreign-currency default rating to ‘B-’ from ‘CCC+’ and maintained a stable outlook, citing ma...
Iran Foreign Minister Araghchi arrives in New York to participate in 81st UNGA sessionIranian Foreign Minister Abbas Araghchi arrived in New York for the UN General Assembly session. President Masoud Pezeshkian will also atte...
Iran's actions risk 'global economic instability', says G7; warns West Asia conflict may escalateThe G7 warned that Iran's actions risk further escalating the West Asia conflict, undermining international trade and creating global econo...
'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliersUnited States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services ri...
Bessent says US to shut down Iranian airlines with secondary sanctionsUS Treasury Secretary Scott Bessent said Iranian airlines would face a shutdown from September 23 through the threat of secondary sanctions...
Trump’s tariff tantrums return? Gokaldas Exports, other textile stocks drop up to 5% after Trump signs Russia sanctions billShares of textile exporters fell after US President Donald Trump signed a law allowing tariffs of up to 100% on countries buying Russian oi...
US seeks 'AI dialogue' with China as officials set stage for Trump-Xi summitUS and Chinese officials met to discuss creating an AI communication channel. This meeting sets the stage for a summit between Presidents T...
'Critically important': Zelenskyy thanks Trump for Russia sanctions bill with nod to Lindsey GrahamUkrainian President Volodymyr Zelenskyy thanked US President Donald Trump for signing the Lindsey O. Graham Sanctioning Russia and Iran Act...
NCP (SP) asks Centre to spell out economic fallout of US tariff threat over Russian oilThe NCP (SP) seeks details on India's economic exposure to a new US law. This legislation authorizes significant tariffs on nations buying ...
US "quite likely" to target Chinese firms aiding Iran's money flows: Ex-Trump NSA on Beijing's support to Tehran amid conflictThe United States may impose secondary sanctions on Chinese financial institutions. This action is likely if Beijing continues financial fl...
China presses Iran to help rein in Houthis after Saudi appeal, sources sayChina has privately urged Iran to help control Yemen's Houthis. Saudi Arabia sought Beijing's assistance as Houthi threats grew significant...
Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
BRICS 2026: US-Israel's war has pushed Iran’s economy into a ‘far more dangerous phase’, says President Masoud PezeshkianIranian President Masoud Pezeshkian told the BRICS Business Forum that the US-Israel military action against Iran had shown economic securi...