OPEC+ Approves July Oil Output Increase Amid Middle East Supply Concerns
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have agreed to increase oil production quotas by a ...
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Tag: #GlobalEconomy
ECB President Christine Lagarde Warns Against Threats to Central Bank Independence
President of the European Central Bank, Christine Lagarde, has emphasised the importance of protecting the independence of central banks amid ...
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Global Food Prices Rise 5% After Strait of Hormuz Closure — World Bank
Global food prices rose by 5% in the two months following the near-total closure of the Strait of Hormuz after ...
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Oil Prices Rise as Iran–U.S. Tensions Renew Supply Fears
Global oil prices rose on Monday following comments by U.S. President Donald Trump describing Iran’s response to a proposed peace ...
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Asian Markets Rally Despite Iran–US Tensions as Tech Stocks Drive Global Gains
Asian stock markets rose on Monday, tracking record closes on Wall Street as the S&P 500 and Nasdaq Composite continued ...
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Global Agencies Warn Middle East Conflict Threatens Food Security and Supply Chains
The heads of the International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank Group have warned ...
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IMF to Downgrade Global Growth Forecast as US–Iran Tensions Disrupt World Economy
The International Monetary Fund (IMF) has announced plans to downgrade its global growth projections, citing escalating tensions between the United ...
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Asian Stocks Extend Weekly Gains as Oil Slides Ahead of US–Iran Talks
Asian equities extended their first weekly gain since the outbreak of the Middle East conflict, as investors cautiously positioned ahead ...
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IMF Flags $50bn Emergency Support Need as Middle East War Deepens Economic Strain
The International Monetary Fund (IMF) has warned that it may need to provide up to $50 billion in emergency financial ...
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Oil Prices Rise as Uncertainty Over Middle East Ceasefire Persists
Oil prices climbed on Thursday as uncertainty surrounding a fragile two-week ceasefire in the Middle East raised fresh concerns about ...
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