Emerging and developing economies in Europe and Central Asia will experience slower growth in 2026 due to the effects of higher energy prices brought on by the ongoing…
Even with the two-week ceasefire between the US and Iran, shipping activities through the Strait of Hormuz would take several weeks to normalise. Additionally, the US Energy Information Administration…
British construction firms witnessed an unprecedented rise in cost inflation in March, marking the sharpest month-on-month increase since records began in 1997, according to a survey released on…
Major global banks have revised their expectations for China’s monetary policy, now largely ruling out interest rate cuts for the year.The shift comes as recent economic data points…
India’s central bank held borrowing costs steady on Wednesday as surging oil prices tied to the Iran conflict threatened to stoke inflation and cloud the case for growth-supportive…
Latin American currencies and equities retreated as escalating Middle East conflict and a broadly stronger dollar drove investors away from risk assets, with the Chilean peso among the…
Russia and China vetoed a UN Security Council resolution aimed at reopening the Strait of Hormuz on Tuesday, blocking a text that had been repeatedly diluted in an…
Faced with the twin challenges of rising inflation and slowing growth driven by the oil price shock, the European Central Bank is under pressure to act, with Commerzbank…
The American labour market has long been a complex machine of shifting gears, but in the current economic landscape, one cylinder is firing with more reliability than all…