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ECONOMIC IMPACT OF WAR
Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...- ‘Business is terrible’: War leaves Iran’s Bandar Abbas quietBandar Abbas faces economic decline as a US blockade impacts port activities. Many businesses have closed, leaving hundreds jobless and str...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- UAE builds alternative trade, energy routes after Iran attacks, official saysThe UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with ...
- Turkey lifts year-end inflation forecast to 28.4 percentIn a notable revision, Turkey has elevated its inflation forecast for the end of 2026 to 28.4 percent, a figure that surpasses last year's ...
- "Conflict will not be resolved by buying or not buying oil": S Jaishankar on US sanctions bill"But let me just add this. You know, this conflict, which is today in its third year, will not be solved because somebody is buying or not ...
- India-Poland ties see "solid" report card as two nations finalise new agreements: EAM JaishankarIndia and Poland are strengthening their strategic partnership through new agreements. Discussions covered cybersecurity, space, and critic...
- Russian drone strikes Ukraine's security service HQ, escalating air warA Russian drone struck Ukraine's SBU security service headquarters in Kyiv on Friday. The attack injured at least twelve people and damaged...
- Global Market: Bank of England’s Pill says early rate hike could limit future inflation pressureBank of England Chief Economist Huw Pill said an early interest rate hike could help contain rising inflation pressures and reduce the need...
- Global Market: Bank of England’s Pill says early rate hike could limit future inflation pressureBank of England Chief Economist Huw Pill has backed an early interest rate hike to prevent temporary inflationary pressures linked to the I...
- Trump doubles down on sanctions, military pressure as Iran refuses to yieldThe Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these inten...
- Strong demand boosts US services sector activity in AugustU.S. services sector activity grew in August, with new orders reaching a 3-1/2-year high. Input prices also increased, suggesting inflation...
- Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
- Global bond slump looks painful, but its nothing like the 2022 routGlobal bond markets are experiencing a selloff, though less severe than four years ago. Current yield increases are smaller, providing some...
- Make in India achieved little but govt's 'Fake in India' continues: Cong on GDP numbersCongress leaders criticized the government's latest GDP numbers as statistical gymnastics. They claimed the "Make in India" initiative has ...
- Oil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disrupti...
- PM Modi-President Putin hit the road again, talk Ukraine war and India-Russia tiesPrime Minister Narendra Modi urged Russian President Vladimir Putin to end the ongoing war. The two leaders met on the sidelines of the SCO...
- Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA NageswaranIndia's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food ...
- US strikes Iranian rocket launchers near Larak Island on Strait of Hormuz; Tehran vows retaliationUS Iran war: United States forces struck Iranian rocket launchers near the Strait of Hormuz. This action marks the first military engagemen...
- War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
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