LiveECB Raises Rates Again as Iran War Fuels Inflation
The ECB raised its deposit rate by 25 basis points to 2.50% on Thursday, its second hike since February, as the Iran war drives up...
Category : WORLD
Brent Crude Crosses $100 as US-Iran Conflict Raises Supply Fears
Brent crude crossed the $100-a-barrel mark on Wednesday for the first time since July 24, as the escalating US-Iran conflict increased concerns over oil supplies...
Brent Crude Nears $100 a Barrel as Iran Tensions Flare
Brent crude jumped toward $100 a barrel on Wednesday after the US military struck five Iranian oil tankers near the Kharg Island export hub. US...
US Seeks Greater Access to Venezuela’s Mineral Wealth
The United States (US) is looking to expand its access to Venezuela’s mineral resources, including gold, after securing a stronger position in the country’s oil...
China’s Exports Jump 25% in August, Trade Surplus Hits $119B
China’s exports rose 25% in August, faster than July, pushing the trade surplus to $119.1 billion and raising fresh US trade concerns. Imports climbed too,...
Norway’s Wealth Fund May Cut US Treasury Holdings by $75 Bn
Norway’s sovereign wealth fund has proposed a bond portfolio shift that could significantly reduce its exposure to US government debt. The fund, managed by Norges...
EU Joins Trump’s ‘Operation Economic Outcast’ on Iran
The European Union (EU) has joined the United States in stepping up economic pressure on Iran, giving a major boost to US President Donald Trump’s...
Iran War Divides Global Economy Into Winners and Losers
The six-month US-Israel war with Iran has created sharply different outcomes across the global economy. While oil companies, defence firms and banks have benefited from...
US Urges G20 to Adopt Lighter AI Rules as Global Regulation Debate Intensifies
The United States (US) has urged G20 countries to take a lighter approach to artificial intelligence regulation, arguing that excessive rules could slow innovation, investment...
Saudi, South Korean Oil Tankers Hit in Strait of Hormuz
Two oil tankers carrying crude out of the Gulf were hit in the Strait of Hormuz on Monday night, raising fresh concerns over energy supplies...