How China’s economy is vulnerable to prolonged Hormuz closure
China is vulnerable to a prolonged closure of the Strait of Hormuz — despite its leaders’ insistence to…
Global Financial Crisis: ‘Maybe they’ll see worse’: 2008 crisis expert names four risks that could bring down global financial system | World News
Richard Bookstaber, author of A Demon of Our Own Design, warns today’s financial system faces dangers even greater…
Chances of Fed cutting interest rates fade as inflation worsens
WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact…
Seven charts that reveal how unprepared Australia was for the fuel crisis | Australian economy
It’s been a bewildering few weeks since the start of the US-Israel war on Iran triggered a global…
$5+ Diesel Could Unleash Inflationary Mindset the Fed Better Not “Look Through.” Inflation Was already Hot before Iran War
When this inflationary mindset takes off, inflation becomes like a runaway train. By Wolf Richter for WOLF STREET. The problem is…
Asia everyday life is being upended by Iran war fuel crisis – BBC
Asia everyday life is being upended by Iran war fuel crisis BBCHow does the current global oil crisis compare…
How the Fed has — and hasn’t — responded to previous oil price shocks
The Federal Reserve’s response to the biggest spike in oil prices since the 1970s hinges on how long…
Economist Mark Zandi Flags Threshold for Oil to Trigger a Recession
Oil has been flagged by forecasters as a possible catalyst for a US recession since the Iran war…
Why gas prices, airline tickets are rising
With the Iran war in its fifth week, consumers are getting hit hard by surging energy costs. Now, some lawmakers…
UK manufacturers hit by sharpest rise in cost inflation since Black Wednesday in 1992 | Manufacturing sector
The UK’s manufacturers have suffered the sharpest one-month acceleration in costs since the aftermath of Black Wednesday in…
First-time buyers hit as mortgage rates keep rising – BBC
First-time buyers hit as mortgage rates keep rising BBCUK mortgage interest rates expected to rise despite Trump’s Iran pause The…
Charlie Munger Said ‘No Nation That Big Has Ever Advanced That Fast’ — China Got Rich By Having ‘A Bunch Of Poor People Save Half Their Income’
The late Charlie Munger never had much patience for dressed-up explanations. While plenty of economists tried to frame…