More: Economics
Qatar LNG outage: Liquefaction halted, weeks-long disruption expected
Qatar announced force majeure on its gas exports on Wednesday due to the ongoing U. S.-Israeli war on Iran. This situation will likely lead...
$3 billion a week: The staggering economic cost of Israel’s Iran war
Israel's Finance Ministry warns that the air conflict with Iran could damage the economy by over 9 billion shekels ($2.93 billion) each week.
Current "red"...
US-Israeli Strike on Iran Triggers Massive Energy Market Turmoil
The U. S.-Israel conflict with Iran has significantly disrupted oil and natural gas exports from the Middle East, leading to production stoppages in various...
Russia Poised to Divert Oil to India Amid Middle East Supply Disruptions
Russia is preparing to redirect crude oil shipments to India to offset supply disruptions caused by the ongoing conflict in the Middle East, according...
ECB Blog: AI Hiring Boost May Outweigh Job Losses For Now
While concerns persist that AI could displace white-collar workers, the ECB blog suggests a more nuanced picture. Drawing on its Survey on the Access...
US Campaign “Ahead of Plan” But Hormuz Shutdown Sends Markets Into Panic
U.S. forces, under the command of Admiral Brad Cooper at United States Central Command, are conducting continuous strikes across Iranian territory. Cooper described the...
Financial Brief: A Weekly Roundup on the Geopolitics of Money | Mar 04
EXECUTIVE TAKEAWAYS
This week, the Iran conflict reshaped markets and exposed vulnerabilities. The dollar surged near three-month highs as the euro collapsed to $1.1590 on...
Trump Vows to Cut All Trade with Spain
U. S. President Donald Trump announced plans to sever all trade with Spain after the country declined to allow the U. S. military to...
From Boom to Bust? How the Iran Conflict Is Scaring Tourists Away from the Gulf
Middle East tourism, valued at about $367 billion annually, is suffering due to the escalating conflict involving U. S.-Israel forces and Iran. This situation...
Why ‘Made in EU’ auto rules are straining ties with allies and competitors
The European Union is planning to introduce 'Made in EU' rules for the automotive industry to support local manufacturing while being careful not to...