US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency swap arrangement, as geopolitical tensions linked to …
Business
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The ongoing closure of the Strait of Hormuz, following seven turbulent weeks of war, has amplified global economic uncertainty, with a new analysis suggesting that central bank actions—particularly in the …
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The nomination of Kevin Warsh to lead the Federal Reserve is fast becoming one of the most contentious confirmation battles in recent years, reflecting a broader clash over central bank …
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Shipping companies reacted cautiously on Friday after Iran announced the reopening of the Strait of Hormuz, signaling a potential easing of tensions in one of the world’s most critical oil …
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Japan should gradually raise interest rates while keeping fiscal support targeted, a senior official from the International Monetary Fund said on Thursday, highlighting resilience in the country’s domestic economy. The …
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Finance ministers from more than 10 countries cautioned on Wednesday that the ongoing Middle East conflict would continue to weigh on global growth, inflation, and financial markets, even if a …
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Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz could push the global economy into a recession, underscoring the risks tied to ongoing tensions …
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Business
Petroyuan or dollar strength? Hormuz conflict sparks global currency fight
by adminby adminThe significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran …
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Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at stabilizing a …
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Europe’s airport industry has raised concerns over a looming jet fuel shortage that could materialise within the next three weeks, potentially disrupting summer travel. ACI Europe, which represents airports across …