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IRAN ECONOMIC STRUGGLES
Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentimentBitcoin is trading near $61,000, down significantly from its peak. Geopolitical tensions and upcoming US economic data are causing caution....
$50,000 gold watch on Monaco yacht: The 'Iranian rich kid' gifts girlfriend Audemars Piguet as millions back home survive on $3 a dayIranian diplomat's son Sasha Sobhani gifted his girlfriend a luxury Audemars Piguet watch on a yacht in Monaco. The extravagant display spa...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
Dollar climbs to two-month peak as Fed hike bets ramp upThe dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this y...
India’s economy faces threats that currency band-aid can’t fixIndia's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...
Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
Money market-volumes jump to record as bank lending boomsIndia's money markets are experiencing record activity. State-owned banks are borrowing more to fund strong credit demand. This surge in le...
Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
Trump confirms he called Netanyahu 'crazy,' as he says Israel is complicating peace talks with IranUnited States President Donald Trump confirmed he called Israeli Prime Minister Benjamin Netanyahu "crazy" over stalled Iran peace talks. H...
Iran's inflation hits highest level since World War II as unrest and sanctions biteIran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War ...
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
Marco Rubio to testify before Congress for the first time since the start of the Iran warSecretary of State Marco Rubio faces congressional scrutiny over the Trump administration's Iran war efforts and shifting diplomatic goals....
Global Market Today: Asian stocks ease from record highs, oil steadiesAsian markets dipped from record highs as peace talks with Iran faltered. Oil prices remained elevated amid geopolitical tensions. US stock...
UK minister Yvette Cooper to visit India, China for talks on global crises and tradeBritish Foreign Minister Yvette Cooper embarks on a crucial trip to China and India this week. She will engage with leaders on pressing glo...
Iran slams Washington's attempt to divide Iran and force it to surrender as "false dream""In the new phase of the war, the enemy is seeking to create discord and destroy the country's cohesion through economic pressure and media...
US-Iran conflict adds fresh strain to Pakistan's fragile economyPakistan faces a growing inflation crisis. Tensions between the United States and Iran are driving up fuel prices. This is making daily lif...
Trump says he can outwait Iran, dismisses midterm election pressurePresident Donald Trump expressed no concern over a prolonged conflict with Iran. He believes Iranian leaders wrongly assumed the November m...