IMF’s Georgieva warns of 'much worse outcome' if Middle East war drags into 2027 The International Monetary Fund (IMF) managing director Kristalina Georgieva warned that inflation is already picking up and the global economy could face a “much worse outcome” if the war in the...<
China’s most effective weapon in the rare earth war wasn’t a missile, a tariff, or a trade embargo. China’s most effective weapon in the rare earth war wasn’t a missile, a tariff, or a trade embargo. It was a price tag. For more than two decades, Beijing has used a
The USS Truxtun and USS Mason transited the Strait of Hormuz under a sustained Iranian barrage of small boats, missiles and drones, entering the Persian Gulf without either vessel being struck, per US defense officials. The USS Truxtun and USS Mason transited the Strait of
US Customs and Border Protection says the first electronic refunds from tariffs ruled illegal by the Supreme Court will begin as early as May 12, with up to $166bn in collected duties subject to repayment. US Customs and Border Protection says the first electronic refunds
Gold slides below $4,550 as Iran tensions lift Dollar, yields now Gold price tumbles more than 2% on Monday as tensions in the Middle East pushes the Greenback higher, while US Treasury yields soar sharply as investors discount no interest rate cuts by the Federal Reserve in...</
Saudi Arabia has demanded guaranteed free passage through the Strait of Hormuz and backed Pakistani mediation, as Israeli officials warned the situation with Iran could deteriorate within hours, prompting airport contingency measures. Saudi Arabia has demanded guaranteed f
China: Blocking rule reshapes risk calculus – MUFG MUFG’s Michael Wan flags a significant shift as China formally invokes its 2021 Blocking Statute for the first time, targeting recent US sanctions on five Chinese refineries linked to Iranian... China: Blocking rule reshap
MUFG’s Michael Wan flags a significant shift as China formally invokes its 2021 Blocking Statute for the first time, targeting recent US sanctions on five Chinese refineries linked to Iranian Oil. MUFG’s Michael Wan flags a significant shift as China formally invokes its 2
The 2026 US-Israeli war against Iran delivered one of the sharpest ironies in modern energy geopolitics: while Iranian infrastructure was taking a pounding, it managed to somewhat absorb the relentless airstrikes to its culture, its way of life, and its main target—the economy.</
IMF chief Georgieva has abandoned the fund's mild slowdown forecast, warning that if the Middle East war continues into 2027 with oil at $125 a barrel, a "much worse" global economic outcome must be expected. IMF chief Georgieva has abandoned the fund's mild slowdown forec