The fallout of US-Israeli strikes on Iran on energy markets is likely to increase short-term volatility rather than long-term fundamentals of the energy market. Iran has limited capability to sustain a blockade of the Strait of Hormuz, given the US military presence in the Persian Gulf, and Tehran will isolate itself further by missile strikes […]
56 Israel vs Iran Currency: Israeli and US strikes on Iranian targets, set off retaliatory missile attacks across the Middle East, revealing a clear economic divide. The Israeli Shekel stayed resilient at 3.14 per dollar, while the Iranian Rial slid to an all-time low of 1.75 million per dollar, reflecting sharply different economic conditions. Israeli Shekel […]
Winter Storms Wipe Off $170 Billion from US Economy So far in 2026 | Planet Pulse This is an AI-generated summary and has not been vetted by the Firstpost editorial team A massive snowstorm has crippled the Northeast, shutting down cities, grounding thousands of flights, and forcing millions indoors. But beyond the dramatic visuals lies […]
Michael Burry of The Big Short fame (he was the one played by Christian Bale) has given another warning linked to his £840 million bet on something happening which could seriously dent the world economy. Last year he put on a big bet that there was an artificial intelligence bubble in the market and he […]
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms. Dissatisfaction among Americans continues to grow because of rising prices and uncertainty about jobs, and this is apparent in President Donald Trump’s falling approval ratings. Yet his recent State of the Union address emphasized […]
Gasgoo Munich- The Sino-German Economic Advisory Committee convened at the Great Hall of the People in Beijing on the afternoon of February 25. Chinese Premier Li Qiang and German Chancellor Merz attended the session, which brought together over 60 business representatives from both nations. Both premiers outlined the future direction of economic ties during the […]
Argentine President Javier Mile’s administration has launched a new U.S. dollar bond aimed at raising up to $2 billion. Photo by Matias Martin Campaya/EPA BUESOS AIRES, Feb. 27 (UPI) — Argentina’s government took a new step in its strategy to meet upcoming dollar-denominated debt maturities without again relying on international markets. In a challenging financial […]
2026-02-27T06:39:57+00:00 font … Read the full article…
Estimated global debt leaped almost $29 trillion to a record $348 trillion last year, fueled by increased governmental spending on defense and AI. A report found that total debt-to-GDP ratios fell for a fifth consecutive year in 2025, to around 308% of GDP, but that the fall was entirely driven by lower debt burdens in […]
The Las Vegas Valley is better prepared now for an economic downturn than it has been in the past but is still relatively exposed because of a lack of economic diversity, according to one of UNLV’s top economists. The valley was one of the hardest hit cities in the country during the 2008 Great Recession, […]
