Recession warning? Eurozone activity hits lowest level in over two and a half years due to Iran war
Europe’s economy is buckling under the weight of the war in Iran. ADVERTISEMENT ADVERTISEMENT The latest purchasing managers’…
AVG Travels fallout deepens as more customers report cancelled or rescheduled tours
The fallout is continuing for customers of a Melbourne-based travel company that has cancelled tours or placed them…
Reserve Bank worries about inflation pressures building, risk of a recession
The Reserve Bank is growing increasingly anxious about price pressures building in the economy. Speaking in Sydney on…
Israel’s economy shrinks in first quarter but seen rebounding after Iran war
By Steven Scheer JERUSALEM, May 17 (Reuters) – Israel’s economy began 2026 with a slowdown, hit by war…
Amid disruption from Iran war, China quietly turns off sulphuric acid supply
China has moved to protect its supply of the world’s most used industrial chemical, with ramifications for everything…
Türkiye inflation expectations worsen amid war-linked pressures
Inflation expectations among market participants in Türkiye worsened in May, with forecasts rising for both year-end inflation and…
Yikes! The Federal Reserve’s May Inflation Forecast Is In, and It Has Big Implications for Social Security’s 2027 COLA.
History-making moments were aplenty for America’s leading retirement program, Social Security, in 2025. The average monthly retired-worker benefit…
Salesman Trump leaves China with very little in his bag
Few things enrage Donald Trump more than being upstaged, particularly when he is on the biggest stage of…
Market Stress: How the Middle East war is rattling global markets and economies – Global Impact Overview
Asian currencies have emerged as some of the biggest casualties of the conflict-driven oil shock. Indonesia’s rupiah recently…
Soaring inflation and plummeting economy test Iran in wartime
TEHRAN, Iran (AP) — Iran’s grip on the Strait of Hormuz is throttling the world’s energy supplies and…
Australia-UAE defence commitments do not involve offensive action against Iran, says government
The Albanese government insists its defence commitments to the United Arab Emirates (UAE) do not involve taking any…
German firms in China more upbeat about economy despite Iran war, trade headwinds: survey
German companies in China have grown more optimistic about the country’s economic outlook, even as the Iran war…