IMF expects surge in loan requests as war drives energy shock
The International Monetary Fund expects at least a dozen countries to seek new financial assistance ...
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Bessent says no plans to extend waivers allowing Iranian, Russian oil purchases
The United States will not renew waivers that allowed limited purchases of Iranian and Russian ...
Evening digest: US-Iran blockade, oil surge shake markets
Global markets remained on edge Monday as geopolitical tensions and corporate developments drove volatility across ...
China exports slow as Iran war dents demand: will Q1 GDP be impacted?
China’s export momentum lost steam in March, signalling that escalating geopolitical tensions in the Middle ...
US PPI rises less than expected on stable service costs
US producer prices increased less than expected in March, as stable service costs helped offset ...
IMF cuts UK, Germany growth forecasts on energy shock from Iran conflict
The International Monetary Fund has sharply downgraded economic growth forecasts for both the United Kingdom ...
IMF trims emerging market growth to 3.9% amid inflation, conflict concerns
The International Monetary Fund on Tuesday revised down its growth outlook for emerging market and ...
Bessent sees cooling inflation despite war, urges Fed rate cuts
US Treasury Secretary Scott Bessent said on Tuesday that he remains confident that core inflation ...
Ken Griffin warns Strait of Hormuz closure risks global recession
Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz ...
Top professor explains why Trump’s Strait of Hormuz blockade will fail
Crude oil prices rebounded above the key resistance level of $100 on Monday as traders ...