Know What's Happening in Global Economy
Know What's Happening in Global Economy
Afreximbank eyes $2 billion textile financing for Kenya, Rwanda, and Nigeria
Afreximbank is in talks with Kenya and Rwanda to fund new textile projects while backing Nigeria with a $2 billion commitment and holding $11 billion in cash for African cotton‑value‑addition deals, aiming to cut the continent’s $50 billion cotton‑product import bill.
Physicians are being warned that inflation can erode retirees' purchasing power more sharply than for working‑age patients, especially when fixed incomes meet rising healthcare costs. The article outlines how price spikes in prescription drugs, long‑term care, and everyday expenses disproportionately affect seniors. It provides practical advice for doctors to discuss cost‑of‑living adjustments, medication alternatives, and financial planning with their older patients. Data from the Bureau of Labor Statistics shows a 4.2% annual increase in senior‑specific CPI versus 2.5% overall inflation.
‼️$100 oil prices have a surprisingly modest impact on the US economy: A persistent oil shock through 2027 would push headline inflation up +0.7 percentage points at peak, while core inflation and unemployment each rise just +0.1 percentage points. Real GDP effect...
On March 10, 2026, the Federal Reserve announced a closed Board of Governors meeting set for 10:30 a.m. on Tuesday, March 17, 2026. The session, held at the Fed’s Washington, D.C., headquarters and via audio/video link, will be restricted from public observation under...
A lot of businesses quietly struggled the last few years. Valuations came down. Growth slowed. But few people wanted to call it what it was. A silent recession. GDP technically grew, but inflation grew faster. Now the cycle may be shifting. And the operators positioning today could...
The Israel‑U.S. attacks on Iran have turned the Strait of Hormuz into a virtual no‑go zone, halting shipments of crude, natural gas and key fertilizers. Blocked exports of nitrogen, ammonia and phosphates pushed urea prices 71% to $600 a ton,...
US oil prices fall over -16% on the day and officially drop below $80/barrel. Geopolitical risk premiums are being rapidly priced-out. The oil market says the war is ending.
An analyst cited by the Wall Street Journal estimates that if the U.S.-Israeli conflict with Iran ended today, shipping traffic in the Persian Gulf would normalize in about two weeks and oil production would return to pre‑war levels within two...
Portugal’s finance ministry has opened an investigation after statistics revealed a sharp rise in exports to countries closely aligned with Russia. Direct sales to Russia dropped from over €26 million in 2021 to near zero, while exports to Kyrgyzstan, Kazakhstan, Azerbaijan,...
Brent becomes extremely volatile amid confusion about war’s duration Brent futures traded in a record daily range of more than $35 per barrel on March 9, as traders reacted to conflicting signals about the closure of the Strait of Hormuz...
The post notes that oil prices have slipped from recent highs while gasoline costs continue to climb, highlighting a disconnect between crude and retail markets. It contrasts the Trump administration’s quick, low‑cost intervention in Venezuela with the more complex Iran‑focused...
Chinese and Indian transport ministries have publicly warned major container carriers, including Maersk and MSC, against imposing excessive surcharges linked to the Middle East war. The regulators highlighted concerns over service suspensions to the region and fee hikes running into...
"Iran is only part of the story. There’s also the emergence of AI as a disruptive technology capable of suddenly wiping out, as well as creating, wealth for shareholders and creditors. There are the soured loans that are starting to...
The op‑ed argues that waiving the Jones Act would not reduce U.S. gasoline prices because foreign‑flagged tankers are more expensive to charter than domestic Jones Act vessels. Using Worldscale data, the author shows a Houston‑to‑New York freight rate of WS410 equals...
The latest Wide Boundary News episode dissects the U.S. and Israeli offensive against Iran and the looming threat of a Strait of Hormuz closure. It argues that oil, often seen as a modest 3% of GDP, actually underlies virtually all...
India’s Finance Ministry has asked Parliament to approve a ₹1 lakh crore Economic Stabilisation Fund aimed at cushioning the economy from market turbulence caused by the war in West Asia. The fund is part of the second batch of Supplementary Demands for...
Global equity markets began 2026 on a firm footing despite heightened geopolitical tension, with emerging‑market equities delivering an 8.85% return in U.S. dollar terms. In contrast, U.S. growth stocks slipped 1.51% while small‑cap and value segments posted solid gains. Bond...
Europe continues to dominate U.S. liquefied natural gas (LNG) shipments, absorbing the majority of cargoes despite a tightening Asian market. The recent Middle East conflict has slashed regional energy exports, reducing the incentive for U.S. producers to divert LNG to...
It's a while since the last IEA emergency oil release, so I put together a briefing note on how it works in practice as it follows a strict technical and diplomatic protocol. The below is a (simplified) guide to follow...
trump may want to end the iran war quickly. but closing the strait of hormuz or even threatening it keeps oil high and the conflict alive. @gzeromedia
One year after President Trump’s immigration crackdown, net migration turned negative in 2025—the first decline in 50 years—yet U.S.-born unemployment rose and labor‑force participation fell. Immigrants continue to dominate manual‑intensive sectors such as construction and food services, leaving firms unable...
The Strait of Hormuz carries 20% of global oil demand. It's still closed. OPEC+ pledged 206K bpd in April. Middle East producers are cutting because storage is full. Supply math doesn't work when the pipe is shut. https://t.co/EMaJvlSk4u
Hormuz Disruptions, US Navy Escort Plans (or lack of) and Impact on Global Trade 1⃣Strait of Hormuz Update: March 10, 2026 2⃣Chairman of the Joint Chiefs of Staff General Caine Statement on Escorts 3⃣UNCTAD Report on Hormuz Shipping Disruptions Video: https://t.co/vS32XQeQDb https://t.co/ZfQwkBUMGW
Saudi Aramco CEO Amin Nasser warned that the Iran‑Israel‑U.S. war could trigger a catastrophic shock to global oil markets if the Strait of Hormuz remains closed. The conflict has already halted up to 20% of world petroleum trade, pushed Brent...
Last week, Trump threatened to cut off trade with Spain over the use of military bases against Iran. It’s clear he didn’t realize that Spain is 1 of 12 countries for which the US has a positive trade balance. TRUMP = SHOOTS...
U.S. Navy escorts its first tanker through the Strait of Hormuz. #corn & #wheat prices follow crude oil lower, but #soybeans hang onto modest gains on hopes we'll get final RVOs from EPA any day, with possible exports to China....
The episode features three main segments: an interview with trader Peter Robbins about his new book, The Trader's Journey, where he emphasizes realistic expectations, personalizing strategies, and the psychological side of trading; a discussion with analyst Alison Hadley on how...
Doesn't seem like there's a lot of Oil/LNG moving through the Strait of Hormuz at all https://t.co/5QrGSihDEA
Oil market isn't going the way Iran hoped. Amazing what the Saudi/UAE pipelines can do, plus the (very clear) threat of SPR release. Plus, oil crisis are defined by price x duration. Without a feared long disruption, investors aren't chasing oil futures...
Oil prices are soaring toward $150 per barrel after Iran closed the Strait of Hormuz, prompting analysts to warn of a potential disaster. Economic historian Carlota Perez argues that such high energy costs could instead serve as a catalyst, pushing...
When asked whether the US bombed an Iranian elementary school, Trump replied: “No. In my opinion and based on what I’ve seen, that was done by Iran.” But the NYT and other sources report that it was a U.S. Tomahawk strike. https://t.co/dyjpwhA9vS
The FT reports that at the end of the day, the regime in Iran will probably remain standing and the Islamic Revolutionary Guard Corps is positioned to make the regime more hardline. HAVE TRUMP AND NETANYAHU OPENED THE DOOR FOR THE...
Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. warned that monetary policy has reached the limit of its effectiveness as the Philippine economy faces deep‑seated structural problems, not just liquidity shortages. Simultaneous shocks from oil prices above $100 per barrel...
This Bloomberg headline crossing now may explain the new downturn in crude oil prices (repost) --- *US NAVY ESCORTED AN OIL TANKER THROUGH THE STRAIT OF HORMUZ
*US OIL PRICES EXTEND DECLINE, FALL 15% TO TRADE NEAR $80/BBL April 2026 WTI futures are now down ~32% since Sunday night's peak https://t.co/9QugACQ3Q0
Russian forces are altering Shahed drone tactics, moving strikes closer to Ukraine’s front lines due to long‑range control difficulties and stronger air defenses. The new approach could see 1,000‑2,000 drones attacking a narrow sector in waves, threatening to overwhelm command...
The housing market is hitting stagflation. Jobs are cooling, but the unauthorized war in Iran is keeping oil prices and rates high. Sellers are losing patience and re-listings are at a decade high, giving buyers more leverage. https://t.co/tK43N2ajFT
Trade US CPI LIVE tomorrow with Boris and Sam starting at 8AM ET / 12 GMT @fxflow They'll be hunting for opportunities in NQ, Gold and Forex https://t.co/9c2DFZTDGK
The U.S. Court of International Trade has lifted the stay on Axle of Dearborn Inc. v. Department of Commerce, allowing the company to pursue a revival of the de minimis exemption that permits duty‑free imports under $800. Detroit Axle argues the August...
Oil production around Kirkuk, in Iraqi Kurdistan, is connected to global markets via a pipeline to the Turkish port of Ceyhan This is Iraq’s only crude supply that can bypass the currently-closed Strait of Hormuz Shut-ins in the Basra area by the...
What impact will closing the Strait of Hormuz have? ING takes a guess featured in the Chartbook Top Links of today. https://t.co/aiQTNxvQMb
A new Federal Reserve paper shows that labor‑market power dramatically reshapes how monetary policy affects employment and wages. Firms with low monopsony power increase their wage bills about 50% more than high‑monopsony firms after a 25‑basis‑point rate cut. Oligopsonistic markets...
Most of the crude that ships out of the Strait of Hormuz is medium-to-heavy sour Western Canadian Select at Houston vs WTI, which reflects a clean light-heavy quality differential, had weakened (widened) on Venezuela reentering the USGC market—Hormuz closure entirely reversed...
China's main foreign policy strategy assumption seems to be that every other leader in the world is a stone cold moron and that they need to protect themselves as much as possible by not relying on anyone else for imports...
Handicraft exporters in Kashmir warn that the escalating Iran‑US‑Israel conflict is casting a shadow over their Gulf‑focused market. The war threatens to raise freight costs, delay shipments and dampen discretionary spending, echoing disruptions experienced during the Russia‑Ukraine war. The sector,...
Japan becomes the second country to lock in a NdPr price floor. Countries seem to recognise the issue with rare earths but equity investors seem not to... https://t.co/5GI3bRV7K3
The hard thing for markets is reading this while oil prices are falling — I think the question is whether markets correctly anticipate a reopening before it happens or whether it needs a big headline.
The Supreme Court ruled IEPPA tariffs illegal on Feb 20. That's less than 3 weeks ago, but feels like eons. That's Trump 2.0. Nothing's ever stable. You have to wonder if we'll even remember war with Iran 3 weeks from...
Well attended @RapidanEnergy Iran update huddle this morning for our Geopolitical Risk Service clients. If you're managing risk in energy and macro markets and don't know us yet, this might be a good time to become acquainted. info@rapidanenergy.com. https://t.co/qRL4heI0Si
INDIA GAS SHORTAGE 🇮🇳 ⚠️ India invoked emergency powers to redirect LPG away from industrial users to households LNG supplies to petrochemical and power plants are being curbed The crisis in the Middle East is throttling India’s LPG and LNG supply https://t.co/ujn00XTSnf
On this week's Hanke's #CurrencyWatchlist, the Venezuelan bolivar ranks as the WORLD'S WORST currency. The bolivar has depreciated by 87% against the USD over the past year. VENEZUELA'S PATH TO RECOVERY = REPLACING THE BOLIVAR WITH THE DOLLAR. https://t.co/rbalL5aTfh
