Topic
global economy
60 stories related to this topic, newest first.
benzinga.comai1 day ago
Global Growth Forecast Cut to 3 Percent for 2026
An international organization lowered its projection for worldwide economic expansion to 3 percent this year. The revision marks the second reduction since January, when the figure stood at 3.3 percent.
riotimesonline.compolitics9 days ago
Oil Supply Through Strait of Hormuz Remains at One-Third of Pre-War Levels
Oil shipments through the Strait of Hormuz continue at roughly one-third of pre-war volumes. Market pricing reflects an expected surplus despite the reduced flow.
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msnbc.comfinance11 days ago
Global stock market capitalization reaches record $166 trillion
The total value of global equities has climbed to a new high of $166 trillion. The figure reflects a $32 trillion increase over the past year and a $94 trillion rise since the 2020 low.
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CNBCfinance24 days agoUpdated
Strait of Hormuz Reopens After Four-Month War, But Inflation Effects Persist
A memorandum signed Thursday ended the conflict that closed the Strait of Hormuz. Oil prices have fallen from their March peak, yet analysts say higher inflation has already been built into many economies.
thesouthafrican.compolitics26 days ago
Trump Attends G7 Summit in France
President Trump declared himself 'the boss' to fellow G7 leaders during the closing session of the summit in Evian-les-Bains, France. South Korean President Lee Jae Myung is scheduled to join later sessions focused on global economic imbalances and artificial intelligence.
Substrate placeholder — needs reviewpolitics27 days ago
G7 Summit Adds Eight Nations as Guest Participants
France is hosting the 2026 G7 summit with expanded guest participation. The meeting runs June 15-17 at Évian-les-Bains and includes representatives from India, Brazil, South Korea, Kenya, Egypt, Qatar, Ukraine and the United Arab Emirates.
pakistantoday.com.pkfinance28 days ago
US-Israel Conflict With Iran Disrupts Global Oil Supply and Raises Living Costs
The conflict that began on 28 February has killed several thousand people and triggered sharp increases in fuel and food prices. A peace deal has been announced, but its terms remain unclear.
Los Angeles Timespolitics38 days ago
Putin Says Developing Nations Hold Larger Global Output Share
Russian President Vladimir Putin told the St. Petersburg International Economic Forum that Western economies have declined while developing countries now account for a larger share of global output. He also addressed sanctions, Russia's fiscal position, and the Ukraine conflict.
theindependent.sgbusiness47 days ago
Strait of Hormuz Closure Affects Global Supply Chains After Three Months
The closure of the Strait of Hormuz three months ago continues to disrupt global supply chains. Developing countries face the largest shortfalls in energy and goods. Officials report spreading economic effects across multiple regions.
France 24technology55 days ago
G7 Finance Ministers End Paris Meetings on Iran War and Energy Issues
G7 finance ministers and central bankers concluded two days of talks in Paris. Discussions addressed the war in Iran and the energy crisis affecting the global economy.
activistpost.comfinance55 days ago
Global Equities Near Highs After Strait of Hormuz Closure
Global stock markets remain near record levels despite the closure of the Strait of Hormuz and signs of slowing growth paired with rising inflation. Goldman Sachs attributes the resilience to strong corporate earnings and upward revisions to earnings forecasts for 2026 and 2027.
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rte.iefinance55 days ago
G7 Finance Ministers Call for Better Tracking of External Imbalances
G7 finance ministers urged improved monitoring of external imbalances through the IMF's surveillance system. The statement was issued during recent meetings focused on global economic coordination.
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marketwatch.comfinance56 days ago
IEA reports oil inventories fell as diesel and fertilizer costs rose
The International Energy Agency reported that commercial oil inventories are falling rapidly and will continue to decline in the coming weeks. IEA chief Fatih Birol cited potential increases in diesel and fertilizer costs during travel and planting seasons.
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France 24finance56 days agoUpdated
G7 Finance Ministers Meet in Paris
Finance ministers and central bankers from major economies are gathering in Paris. The meeting occurs as reports link inflation and market movements to developments involving Iran and a U.S. commuter rail labor dispute.
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politics57 days ago
Global Effects of Iran Ceasefire Persist Two Months After Strikes
A ceasefire between the United States, Israel, and Iran has held for more than two months. Fuel prices, supply chains, and daily life remain affected in multiple regions.
news.sky.compolitics57 days ago
Hedge Fund Founder Comments on U.S. Reliability and China's Growth
Ray Dalio, founder of Bridgewater Associates, said perceptions of the United States as a dependable ally are changing after a month in Asia. He noted China's economy has reached 60 to 70 percent of the size of the U.S. economy.
newtraderu.comworld58 days ago
Bridgewater Associates Founder Ray Dalio Says U.S. Losing Credibility as Global Power
Bridgewater Associates founder Ray Dalio stated that the United States is losing credibility as a global power while China accumulates wealth and influence. The remarks address shifts in international standing between the two nations.
Substrate placeholder — needs reviewworld62 days ago
U.S. Retailers Add 22,000 Jobs in April; South Korea Adds 74,000
Retailers in the United States added nearly 22,000 jobs in April, accounting for about one-fifth of total job growth as consumer spending remained resilient despite economic uncertainty. South Korea added 74,000 jobs in the same month, the lowest increase in 16 months. Consumer s…
freepressjournal.infinance64 days ago
Global Oil Inventories Fall at Record Pace as Conflict Disrupts Hormuz Strait
Global oil stockpiles have fallen by 4.8 million barrels per day from March 1 to April 25 as the ongoing conflict has throttled flows through the Strait of Hormuz since late February. The drawdown has pushed visible stocks near their lowest levels since 2018, with analysts warnin…
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Substrate placeholder — needs reviewworld66 days ago
Bank of Korea Governor to Attend BIS Central Bank Meetings in Switzerland
The head of South Korea's central bank will travel to Basel this week for meetings with other BIS member governors. Discussions will cover recent global economic and financial market developments. The trip marks the governor's first official overseas visit since taking office las…
Semaforai67 days ago
Semafor Launches AI-Enabled Editorial Insight Product
Semafor announced the launch of Semafor Intelligence on May 7, 2026. The product uses proprietary AI to analyze transcripts and video from the company's global convenings and produces reports on consensus views among participating leaders. The first edition, drawn from Semafor Wo…
Bloombergai68 days ago
South Korea's Equity Market Surpasses Canada's as World's Seventh Largest
South Korea's equity market has overtaken Canada's to rank as the seventh largest in the world. The shift was driven by demand for semiconductor chips used in artificial intelligence applications. The development reflects changes in global market capitalizations as of May 2026.
marketpulse.compolitics68 days ago
Petrodollar System Supported U.S. Dollar for Over 50 Years
The global oil market has supported the U.S. dollar for more than five decades through the petrodollar arrangement. NPR reported the system shows signs of strain linked to the Iran war. The arrangement dates to agreements in the 1970s that shaped international oil trade and curre…
theprint.inpolitics69 days ago
U.S. President to Host Brazilian Counterpart on Thursday Amid Global Tensions
The U.S. president is scheduled to host his Brazilian counterpart on Thursday. The meeting occurs amid tensions related to the Iran war and its effects on the global economy. Details of the discussions have not been specified.
Euronewsfinance69 days ago
US, Japan and South Korea Stock Indices Hit Record Highs
Major stock indices in the United States, Japan and South Korea reached new all-time highs this week, even as the war in Iran disrupts global energy markets and shipping routes. Oil prices stand at a four-year high, with 10-12 million barrels a day disrupted in the Strait of Horm…
rte.iefinance69 days ago
IMF Managing Director Georgieva Says War Aftermath Would Take 3-4 Months to Handle
IMF Managing Director Georgieva stated in a CNBC interview that even if the war ends today, handling its aftermath would require at least three to four months. The comment highlights the time needed for post-conflict recovery efforts. @financialjuice reported the statement from t…
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rnz.co.nzworld69 days ago
ILO Report Links Workplace Psychosocial Risks to Over 840,000 Annual Deaths Worldwide
A new report from the International Labour Organization estimates that more than 840,000 people die each year from health conditions associated with psychosocial risks at work. The report identifies factors such as job strain, long working hours, and bullying as contributors to c…
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The Guardianworld69 days ago
U.S. and Iran Exchange Missile Strikes
The ongoing war between the United States, Israel, and Iran, which began with attacks on February 28, has led to sharp increases in oil and gas prices worldwide. These disruptions have affected industries from fertilizer production to glassmaking, while central banks warn of broa…
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thehindu.comtechnology71 days ago
Oil Prices Fall Amid Volatility Following U.S. Plan to Extract Ships from Closed Strait of Hormuz
Oil prices declined on Monday following U.S. President Donald Trump's announcement of a plan to free stranded cargo ships in the closed Strait of Hormuz. A tanker was hit by projectiles near Fujairah in the UAE, highlighting regional risks. OPEC+ agreed to a modest output increas…
dcvelocity.comfinance71 days ago
UK Petrol Stations Face 30-Minute Price Update Rule for Fuel Finder Tool
Petrol and diesel prices in the UK have risen sharply due to the ongoing war in Iran, with average costs at 156.98p per litre for petrol and 188.53p per litre for diesel. The government's Fuel Finder tool, launched in February 2026, aims to help drivers find cheaper options, pote…
Benzingafinance72 days ago
CEO Pay Rose 20 Times Faster Than Worker Wages in 2025
A new analysis shows CEO compensation at major corporations rose sharply in 2025, outpacing worker wage growth by a factor of 20 worldwide. Inflation-adjusted worker pay fell below 2019 levels, while CEOs saw real-terms increases. The gap was even wider in the U.S., with stock ow…
thehindu.comfinance72 days ago
OPEC+ Agrees to Raise June Oil Output by 188,000 BPD
Seven OPEC+ countries have reached an agreement in principle to increase oil production quotas for June by approximately 188,000 barrels per day. The decision comes amid ongoing discussions within the group on output levels. Multiple sources confirmed the details of the prelimina…
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thehindu.comworld73 days ago
Iran Closes Strait of Hormuz
Iran's blockade of the Strait of Hormuz, amid ongoing conflict, has led to shortages in global fertilizer supplies, prompting German producers to increase output. Energy price surges are offsetting gains for companies like SKW, while farmers face higher costs without passing them…
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Fortunetechnology73 days agoUpdated
U.S. Raises Tariffs on EU Cars and Trucks to 25%
The U.S. plans to raise tariffs on cars and trucks imported from the European Union to 25% starting next week, citing noncompliance with a trade agreement. The move comes amid economic pressures from the Iran war and domestic inflation concerns. EU officials have previously affir…
Substrate placeholder — needs reviewfinance73 days ago
Joint Chiefs Chairman Testifies on Russian Involvement in US-Iran Conflict
The head of the U.S. Joint Chiefs of Staff indicated Russian involvement in aiding Iran during the ongoing war. Iranian officials threatened retaliatory strikes on U.S. positions amid a ceasefire. Oil prices have risen sharply since the conflict began in February, impacting globa…
Substrate placeholder — needs reviewworld73 days ago
US Seeks Coalition to Reopen Strait of Hormuz
The United States is pushing for an international coalition to reopen the Strait of Hormuz, closed amid ongoing conflict with Iran, as global oil prices reach levels not seen since 2022. A ceasefire has held since April 8, but the strait remains blocked, disrupting 20% of world o…
rediff.compolitics71 days agoUpdated
UK Government Relaxes Airport Slot Rules
The UK government has eased 'use it or lose it' rules for airline slots to prevent summer holiday disruptions amid soaring jet fuel costs from the ongoing Iran war. Oil prices have surged to levels not seen since 2022, prompting flight cancellations worldwide and economic warning…
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ibtimes.co.ukfinance74 days ago
Central Banks Hold Interest Rates; Oil Prices Rise
The Bank of England and European Central Bank maintained their key interest rates unchanged as the ongoing U.S.-Iran standoff drives oil prices to multi-year highs and raises inflation concerns. Oil benchmarks surged, with Brent exceeding $122 per barrel and WTI topping $105, ami…
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finance.yahoo.comai74 days ago
Semafor Announces Silicon Valley & The World Initiative
Semafor has launched a new initiative called Silicon Valley & The World to connect technology builders with global leaders. The annual convening is scheduled for November 2026 in Silicon Valley. It will focus on topics including artificial intelligence, national competitiveness,…
BBC Newsfinance74 days ago
BP Reports $8 Billion Profit in Q1 2026
BP reported profits exceeding $8 billion for the first quarter of 2026, more than doubling from prior levels, driven by oil prices climbing above $120 per barrel due to the Iran war. A shareholder revolt targeted the company's board at its annual meeting. Global effects included…
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The Guardianfinance75 days ago
Tech Giants Report Strong Earnings; US Stocks Rise as Oil Prices Jump
U.S. stock markets advanced following strong quarterly profits from companies like Alphabet, despite volatile oil prices driven by the ongoing war with Iran. Global markets showed mixed responses, with European indexes climbing and Asian markets varying. Tech giants increased AI…
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thehindu.compolitics75 days ago
Trump Announces 25% Tariffs on EU Cars and Trucks
President Trump announced a 25% tariff increase on European Union cars and trucks imported to the U.S., citing noncompliance with a trade deal. The move exempts vehicles produced in U.S. plants, where over $100 billion in new facilities are under construction. Separately, Tesla l…
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thehindu.comworld75 days ago
Pentagon Reports $25 Billion Cost for Iran War
The U.S. has spent $25 billion on the ongoing war with Iran, according to Pentagon testimony before Congress. Defense Secretary Pete Hegseth defended the conflict during his first appearance on Capitol Hill since the war began, while oil prices surged above $118 per barrel amid r…
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Semaforpolitics75 days ago
UAE Withdraws from OPEC Effective May 1
The United Arab Emirates has announced its formal exit from OPEC starting May 1, 2026, aiming to pursue independent oil production strategies. The move highlights ongoing tensions with Saudi Arabia over quotas and reflects broader shifts in global energy markets driven by U.S. sh…
sabcnews.comfinance75 days ago
Oil Prices Rise Amid Ongoing Conflict and Strait of Hormuz Closure
The conflict between the United States, Israel, and Iran has led to the closure of the Strait of Hormuz, causing oil prices to increase significantly. The United Arab Emirates announced its departure from OPEC and OPEC+ effective May 1. Economic forecasts indicate potential impac…
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tass.comfinance76 days ago
Trump Directs Aides to Prepare for Strait of Hormuz Blockade
President Donald Trump has instructed aides to prepare for a prolonged U.S. naval blockade of the Strait of Hormuz to increase economic pressure on Iran as the conflict enters its third month. The war has already cost the U.S. $25 billion, driven oil prices above $117 per barrel,…
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NBC Newsworld76 days ago
UAE to Exit OPEC and OPEC+ on May 1, 2026, Citing Strategic Energy Goals
The United Arab Emirates will withdraw from OPEC and the OPEC+ group on May 1, 2026, citing its strategic vision and energy investments. The move comes amid the U.S.-Israeli war with Iran, which has disrupted global oil supplies through the Strait of Hormuz. Brent crude traded ab…
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Substrate placeholder — needs reviewworld76 days ago
United Arab Emirates Announces Exit from OPEC and OPEC+
The United Arab Emirates stated it is leaving OPEC and OPEC+. This announcement comes amid the ongoing war involving Iran, which has impacted energy markets. The move affects the oil exporting groups and Saudi Arabia.
newtraderu.comscience76 days ago
ILO Report Links Work-Related Psychosocial Risks to Over 840,000 Annual Deaths Worldwide
A new report from the International Labour Organization estimates that more than 840,000 people die each year from health conditions associated with psychosocial risks at work, such as long hours and job insecurity. These risks are tied to cardiovascular disease and mental disord…
insider.co.ukfinance76 days ago
Oil Prices Rise as U.S.-Iran Talks Stall; BP Profits Increase
Oil prices climbed above $110 per barrel as peace negotiations between the U.S. and Iran faltered, with the Trump administration rejecting Tehran's latest proposal. This surge contributed to BP reporting first-quarter profits more than doubling to $3.2 billion. U.S. gas prices re…
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thehindubusinessline.comfinance76 days ago
Global Commodity Prices Rise in 2026 from Iran War Disruptions
The World Bank projects global commodity prices will reach their highest levels since 2022 due to supply disruptions from the ongoing war in Iran. Oil prices have climbed amid shipping restrictions in the Strait of Hormuz, while gold prices have declined. Market volatility persis…
The Timesfinance77 days ago
US-Iran Peace Talks Stall as Tehran's Foreign Minister Meets Putin in Moscow
Peace negotiations between the US and Iran have stalled, with President Trump canceling a delegation's trip to Pakistan and suggesting talks proceed by phone. Iran's Foreign Minister Abbas Araghchi arrived in Russia to meet President Vladimir Putin amid efforts to de-escalate ten…
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New York Postpolitics78 days ago
Global Military Spending Hits $2.9 Trillion in 2025 Amid Regional Tensions
Global military expenditure reached $2.89 trillion in 2025, marking an 11th straight year of increases despite a U.S. decline linked to halted Ukraine aid. The rise, equivalent to 2.5% of global GDP, reflects growing insecurity and rearmament efforts. Asia-Pacific spending grew a…
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rte.ieworld78 days ago
Iran War Disrupts Global Oil Supply, Spurs Push for Renewable Energy Transition
The US-Israeli attack on Iran and blockade of the Strait of Hormuz have caused the largest oil supply disruption in history, according to the International Energy Agency. This crisis is prompting renewed discussions on energy security and accelerating the shift to renewables in E…
citizen.co.zafinance79 days agoUpdated
Economic Risks of Prolonged Strait of Hormuz Closure
Financial and energy experts have warned that a prolonged closure of the Strait of Hormuz could lead to global recession and stagflation. Oil inventories are depleting rapidly, potentially reaching record lows even if the strait reopens soon. A major oil services company indicate…
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washingtonpost.comfinance77 days agoUpdated
Global Military Spending Reaches $2.9 Trillion in 2025 as US Consumer Confidence Drops to Record Low
Global military expenditure rose 2.9% to $2.89 trillion in 2025, marking the 11th straight year of increases amid heightened insecurity. In the US, consumer sentiment fell to a historic low of 47.6 in early April before a slight rebound to 49.8, driven by concerns over the war in…
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kmu.gov.ua / Wikimedia (CC BY 4.0)finance79 days ago
IMF Raises 2026 Global Growth Forecast Amid Hormuz Blockade Concerns
The International Monetary Fund has increased its global economic growth forecast for 2026 to 3.1 percent, up from 3.0 percent projected a year earlier. This update comes amid discussions of a potential ongoing blockade in the Strait of Hormuz. The source highlights that the curr…
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Semaforworld80 days ago
Semafor Announces Forum on Global Financial Technology Developments
Semafor has scheduled a forum to discuss the evolving global financial landscape driven by new technologies. The event addresses innovations in several countries and shifts in U.S. regulatory approaches. It aims to examine the impact of these changes on financial services.
zerohedge.comfinance81 days ago
Gulf Disruptions Raise Aluminum Prices to Four-Year High
Severe disruptions in the Gulf region have led to major smelters declaring force majeure and the Hormuz chokepoint remaining blocked for much of the week. Analysts at Mercuria, JPMorgan, and Goldman Sachs warn of a significant supply deficit, with aluminum prices surging amid con…
The New Yorkerpolitics82 days ago
UAE Leaves OPEC; Iran War Affects Global Economy, Politics
The United Arab Emirates announced its departure from OPEC effective May 1, ending a 59-year membership amid the ongoing U.S.-Iran war. The conflict has boosted U.S. agriculture profits while straining global economies, with political tensions rising between President Trump and E…
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