What the world needs to know about the real stakes of the energy crisis – POLITICO
“[The] damage to household finances this year is to a large degree already done,” said James Smith, chief economist at…
Trump turns against ‘unacceptable’ Meloni – POLITICO
The prime minister’s political allies are standing by her. Defense Minister Guido Crosetto backed her boss on X,…
How much will US Hormuz blockade hurt Iran, and does Tehran have an escape? | US-Israel war on Iran News
The United States naval blockade of Iran has come into effect as President Donald Trump’s administration tries to…
Iran slams YouTube ban on pro-Iranian group’s Lego-style AI videos | US-Israel war on Iran News
Iran’s Foreign Ministry spokesman says the move aims to ‘suppress the truth about their illegal war on Iran’.…
Fresh warning as Middle East meltdown set to hit high street stores hard
The timing of Easter gave some stores a sales boost, but industry chiefs have said that the conflict…
UK sets up Brexit-style crisis team to deal with Iran conflict – POLITICO
The official said the group will focus on medium-term scenario planning over the coming weeks and months, starting…
US, China seen as top AI beneficiaries in new growth forecast from ‘Doctor Doom’ economist
The economist famously dubbed “Doctor Doom” for predicting the 2008 financial crisis has seemingly morphed into a bullish…
Trump’s threat to blockade Hormuz: Why it’s the latest major escalation | US-Israel war on Iran News
United States President Donald Trump’s blockade of the Strait of Hormuz after talks in Islamabad between Washington and…
From toilet paper to travel: why inflation could soon hit Hongkongers hard
With various Hong Kong industries battered by the world’s highest petrol and diesel prices, economists and business leaders…
Exact date EU airports to be hit with fuel shortages affecting Ryanair and easyJet flights
European airports may face fuel shortages very soon if the Strait of Hormuz remains blocked for over three…
The Iran war has been good for Starmer — to a point – POLITICO
And yet, the conflict that is helping him politically also risks undermining the economic strategy his premiership depends…
Bank of Japan wary of inflation pressure amid war in Middle East
The Bank of Japan is increasingly cautious about inflationary pressure stemming from rising crude oil prices amid Middle…