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IRAN WAR INFLATION
Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
Iran war’s end will be turning point for India, Amundi arm saysAmundi Investment Institute sees potential for Indian equities to rebound if the Iran war ends, easing oil pressures. Despite foreign outfl...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
'Going bankrupt': Iran shopkeepers struggle as war dims demandAt a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soa...
Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
Trump and Iran agree on one thing. The US election calendar isn't driving their decisions on the warTrump and Iran both say the November 3 US midterms are not driving their decisions on the seven-month war, even as the conflict weighs heav...
US consumer sentiment deteriorates further in OctoberThe University of Michigan's Surveys of Consumers said its Consumer Sentiment Index dropped to 46.3 this month from a final reading of 48.1...
Donald Trump approval rating crashes among Republicans weeks ahead of November 3 US midterm electionsDonald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weigh...
Global Market: BoE’s Pill says central banks must stay focused on fighting inflationBank of England Chief Economist Huw Pill urges central banks to prioritise inflation control amid rising global bond yields. Divisions amon...
Gold nudges higher with inflation risks, Fed rate path in focusOn Friday, gold prices experienced a modest uptrend as investors weighed concerns about inflation alongside potential interest rate hikes b...
US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demandIn the U.S., the 30-year fixed-rate mortgage has surged to 7.40%, fueled by rising inflation that has also driven up energy costs and Treas...
Bank of England's Bailey says government debt commitments needed more than everBank of England Governor Andrew Bailey highlighted the importance of credible fiscal policies for stabilizing public finances. Rising infla...
US Fed minutes signal another rate hike by year-end as inflation stays highAccording to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to o...
The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
Trump approval stays at record-low 32% as Hispanic voters desert Republicans, Reuters/Ipsos poll findsUS President Trump's approval rating is stuck at a record low of 32% according to a recent poll. A significant decline in support from Hisp...
In Graphics: How the cost of Iran war piled upAs crude oil prices rose, India paid more for this critical import even though it got less of it, data shows. Trade with major partners in ...