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…
10 African countries with the highest fuel prices in May 2026
Owing to how essential gasoline is for transportation, electricity generation, industry, agriculture, and logistics, even minor increases…
G7 ministers to meet amid warning of consequences of Hormuz closure
An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas…
246 million barrels wiped from global oil inventories as Strait of Hormuz crisis threatens African fuel markets
In its latest oil market report, the International Energy Agency (IEA) warned that global oil inventories are…
U.S. Debt Is Now Bigger Than the Economy. That’s Not the Real Problem.
For years, deficit hawks have been groping for ways to shock politicians and the public into getting serious…
The Nature and Likely Impact of the Impending Economic Crisis in India
Introduction India is presently regarded as one of the fastest-growing major economies in the world. Government statements, corporate…
Top ECB official warns oil shock may force interest rate hikes – POLITICO
Determined not to repeat the mistakes of 2022, Demarco said policymakers must stop higher energy costs from feeding…
The economics of quiet patriotism | Sunday Island – newspaper
Sunday Island | May 17, 2026 The world India is navigating today is far more uncertain than the…
India scrambles to stop rupee slide as oil shock drives currency to record low
MUMBAI, May 17 — India is scrambling to salvage a sinking rupee as surging oil prices linked to…
‘Explosive’: why China’s gold recycling industry is growing at record speed
China’s gold recycling industry is expanding at its fastest pace in a decade amid sustained fervour in the…
Who Controls Cuba’s Economy? What to Know About GAESA.
John Ratcliffe, the C.I.A. director, visited Cuba on Thursday to demand major economic and security changes from its…
Indonesia pushes back after Chinese business group complains tougher rules hurt investors
Chinese businesses in Indonesia have issued an unusually blunt warning to President Prabowo Subianto that a wave of…