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US ECONOMIC TURMOIL
FIFA World Cup 2026: Iranians up at dawn to cheer their teamTehran residents gathered in cafes to watch Iran's World Cup match against New Zealand. Despite the early morning kick-off, fans showed exc...- India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
- Why Trump and other G7 leaders meeting without China might be a mistakeThe G7, a club of wealthy nations, faces questions about excluding China. China's economy now surpasses most G7 members. However, the G7's ...
- Trump and other G7 leaders are meeting without China. Is that a mistake?The G7, a club of wealthy nations, faces questions about its relevance without China. China's economy now surpasses most G7 members. Howeve...
- Gold on course to log worst yearly fall since 2013 if West Asia troubles continue. Time to sell?Gold has fallen over 25% from its peak despite ongoing geopolitical tensions in West Asia, marking a sharp divergence from its traditional ...
- India can regain 7% growth by FY28: Chief Economic Advisor V Anantha NageswaranIndia's Chief Economic Advisor V Anantha Nageswaran stated the nation can achieve over 7% growth this fiscal year, driven by policy measure...
- US Fed says Iran war driving 'moderate-to-strong' inflationUS inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Hi...
- Global Market: Iran war sparks bond market turmoil as yields swing wildly in MayGlobal bond markets saw significant turbulence in May. Geopolitical tensions and inflation worries caused government borrowing costs to sur...
- RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
- Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defenc...
- PM Modi gets invite to White House, holds talks with Marco RubioDuring the meeting, Rubio emphasised that the US will not allow Iran hold the global energy market hostage and affirmed that US energy prod...
- US Stock Market: Fed mulls longer dollar liquidity support for global central banksThe US Federal Reserve is considering extending dollar swap lines with major global central banks to strengthen financial stability amid ri...
- High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- US Stock Market: Fed veterans urge Warsh to prioritise crisis tools over balance sheet cutsFormer Federal Reserve officials advised incoming Fed Chair Kevin Warsh to focus on clear principles for deploying the central bank's balan...
- Quote of the Day by Franklin D. Roosevelt: ‘A selfish victory is always destined to be…’ Ex-US president on ethical conduct and moral responsibilityFranklin D. Roosevelt, a transformative 32nd U.S. President, guided the nation through the Great Depression and World War II. His New Deal ...
- Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the...
- Global bonds battered as flaring inflation spooks investorsGlobal bond markets are experiencing significant interest rate hikes, driven by escalating energy prices from the Iran conflict and persist...
- Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
- Xi's Thucydides Trap for the US to dodgeAt a high-profile summit in Beijing, Xi Jinping referenced the Thucydides Trap, framing it as a warning about potential conflict between a ...
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