Know What's Happening in Global Economy
Know What's Happening in Global Economy
Global Economy Pulse
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
UK fintech funding plunges 21% as rates hit 5.25%
Fintech investment in the UK fell 21% in 2025, driven by the Bank of England’s base rate climbing to 5.25%. Higher rates made government bonds more attractive, pulling capital from venture funds and limiting contributions from pension schemes, while softer consumer spending and loan demand pressured fintech valuations.
Argentina's oil output climbed to a record 874,000 barrels per day, up 15.9% from a year earlier, as the Vaca Muerta shale complex ramps up production. The surge lifts the country's share of global oil supply and fuels optimism on the Buenos Aires stock market, while also feeding inflation pressures.
The Straits Times Index (STI) is tipped to open above the 5,000‑point mark on Thursday, signaling a shift to positive market sentiment in Singapore. The rally follows a brief two‑day slide and broader optimism sparked by a two‑week US‑Iran ceasefire,...
The Japanese yen slipped back toward ¥159 per dollar and the South Korean won opened at 1,480.6 per dollar as investors reacted to renewed doubts over a newly‑brokered US‑Iran ceasefire. The moves underscore how Middle‑East geopolitics are reverberating through Asian...
European Commission is considering withholding up to €1.5 billion (about $1.6 billion) in conditional funding to Serbia over concerns about democratic backsliding, including recent judicial reforms and media repression. The decision hinges on whether Serbia complies with recommendations from the Council of...
A fragile two‑week U.S.–Iran ceasefire is under pressure as Tehran is accused of keeping the Strait of Hormuz blocked, limiting oil flows to a single tanker and five bulk carriers in the first 24 hours. Israel’s intensified strikes on Lebanon,...
JPMorgan has quantified damage to Gulf oil infrastructure after roughly six weeks of conflict, identifying about 60 energy assets targeted by drones and missiles. Of those, around 50 have sustained varying degrees of damage, ranging from minor repairs to significant...
Trump taking credit that because of him, Strait of Hormuz is open. Are koi samjhao iss mand buddhi Trump ko.. Before u start the war, the strait of hormuz is open for everyone. I don't know why his focus is...
In this episode, host Chad Bowne talks with former U.S. WTO ambassador Maria Pagan about America’s longstanding grievances with the World Trade Organization, focusing on the appellate body, dispute‑settlement reforms, and perceived unfair practices by China. Pagan explains how both...
Indonesia’s president Prabowo Subianto is preparing a visit to Russia, where he is expected to meet Vladimir Putin and discuss potential oil purchases. The Kremlin confirmed talks are underway as Asian nations scramble for alternative energy amid a widening Middle‑East‑driven crisis....
Australia’s tax system increasingly shields wealthy retirees while shifting the fiscal burden onto younger workers. Retirees can hold up to AU$2 million ($1.3 million) in tax‑free super and still pay zero income tax, whereas the share of over‑65s paying tax has dropped...
PeopleForBikes secured a policy win as the Trump administration dropped bicycles, e‑bikes and frames from the 50% Section 232 steel and aluminum tariffs, ending a year‑and‑a‑half of tariff uncertainty. The advocacy group rallied manufacturers, retailers and riders, generating 1,300 public comments...
The Morning Brief podcast highlighted how the ongoing Middle‑East crisis is straining India’s export sectors, from leather to textiles and gems & jewellery. Exporters reported rising input costs for leather, a noticeable dip in knitwear demand, and a sharp contraction...
President Trump’s cease‑fire announcement on April 8 sparked hopes that Iran would reopen the Strait of Hormuz, but traffic remained minimal. Iran’s recent threats and attacks have slashed daily commercial transits from roughly 130 vessels to only a few, creating...
Saudi officials confirmed that a series of Iranian drone and missile attacks in the past 48 hours severely damaged key oil and gas infrastructure. The East‑West pipeline’s throughput fell by about 700,000 barrels per day, while the Manifa and Khurais...
India’s consumer price index is projected to climb to 3.4% in March 2026, up from 3.2% in February, according to a Mint poll of 16 economists. The modest rise marks a 12‑month high, driven by higher fuel prices and a...
The problem for Iran here is someone is going to call their bluff at some point and just sail a ship through without paying the tribute, and then Iran is going to have to decide if it actually wants to...
A lot of lending to small/midsize companies is for a term of 5 to 7 years. A great deal of debt issued 3/2020 to 9/2021 is therefore coming due these days. UST interest rates were near zero in that issuance...
Foreign portfolio investors dumped over ₹60,000 crore (≈ $7.2 billion) from Indian financial services in the second half of March, the steepest outflow since 2012. The sell‑off peaked at ₹28,824 crore (≈ $3.5 billion) from March 16‑31, contributing 43% of the ₹67,081 crore (≈ $8.1 billion) withdrawn across 21 sectors. Banking...
Good morning, We got PPIs in Japan and China and both are rising. That said, CPI remains subdued thanks to subsidies and weak demand. In other words, we got margin compression as producers are not passing on costs, just yet.
JUST IN: US-Iran ceasefire tensions escalated on April 10, ahead of Pakistan talks, as the US charged Iran with violating Strait of Hormuz commitments and Israel struck Lebanon, which Iran claims breaches the truce.
The United States and Iran announced a two‑week ceasefire on April 8, 2026, but within 48 hours Israel’s heavy bombardment of Lebanon and Iran’s retaliatory moves have rattled the deal. The fallout has knocked the CAC 40 lower, slumped India’s Sensex by 1,100...
JUST IN: Oil prices are climbing as the U.S.-Iran ceasefire hasn't increased traffic through the Strait of Hormuz.
Ouch…. Government inflation data *excluding* food and energy. Now imagine what the real number looks like. https://t.co/TK6XDWuZDb
Russia's central bank is weighing a pause in its series of interest‑rate cuts, a move that could shore up the ruble as inflation stays near 4‑5% and Middle‑East tensions loom. Advisor Kirill Tremasov said the April board will assess the...
JUST IN: Oil execs are pushing back on White House talks that could let Iran impose tolls on Strait of Hormuz shipments, threatening oil costs.
Kyrgyzstan, set to chair the Shanghai Cooperation Organization in 2026, is pushing to launch an SCO Development Bank (SCODB) during its tenure. The bank concept was approved by all ten SCO members at the 2025 summit, with Chinese President Xi...
Standard Chartered warns that the recent oil‑price correction may be too deep, noting Brent crude at $95.57/bbl and WTI at $96.99/bbl after the steepest drop since the Iran war began. The bank’s Q2 forecast still targets Brent around $98 and...
Asia‑Pacific markets opened mixed on Friday as renewed Middle‑East tensions tested a fragile two‑week Iran‑U.S. ceasefire. Tehran agreed to reopen the Strait of Hormuz for two weeks provided attacks stop, while Israel also signaled compliance. Oil prices rose, with WTI...
Thoughtful Money moderated a live debate between Marc Faber, editor of The Gloom, Boom & Doom Report, and Brent Johnson, founder of the Dollar Milkshake Theory, to assess the fallout from the US‑Israel war with Iran. The discussion explored whether...
.@USTradeRep Greer told my colleague @NoraEckert the administration has been in contact with the Detroit 3 on the Novelis aluminum issue and tariff relief sought: "There hasn't been any decision made by the US government. With the tariff program...
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation AS THE WORLD'S HIGHEST at a CRUSHING 563.3%/yr. That's down from a peak of 828.6%/yr on February 4th. YOU WON’T FIND THIS IMPORTANT STORY IN THE MAINSTREAM MEDIA. https://t.co/jfvcxjsbsm
The Trump administration is weighing a 50% tariff on countries that supply weapons to Iran, invoking the International Emergency Economic Powers Act (IEEPA). National Economic Council Director Kevin Hassett says the move is within the president’s emergency powers, while U.S....
Probably the most globally consequential data point you didn’t know was coming out this week. China is expected to have exited PPI deflation in March. Data due in ~90 min. https://t.co/i6OFkfd0Ki
Vietnam’s cross‑border e‑commerce is emerging as a key export engine, with the domestic market reaching roughly $31 billion in 2025 and cross‑border turnover at $4.45 billion. The sector is driven by SMEs seeking lower logistics costs and direct access to global consumers,...
British Columbia’s softwood sector faces a dual crisis: a 45% tariff imposed by the United States and a provincial regulatory regime that limits access to fibre, the industry’s primary cost driver. Council of Forest Industries (COFI) vice‑president Kurt Niquidet warned...
Labour energy minister Ed Miliband faces criticism for stalling two North Sea projects – the Shell‑run Jackdaw gas field and Equinor’s Rosebank oil‑gas development – as the UK grapples with soaring energy costs. Researchers at the Tony Blair Institute argue...
The EU‑India trade agreement, signed in January, will cut tariffs on European wines from 150 percent to 75 percent initially and eventually to 20 percent, opening a market valued at $450 million in 2024 and projected to grow 14 percent by 2029. European vintners have...
HSBC’s latest geopolitical paper argues that a de‑escalation of global tensions will diminish the U.S. dollar’s safe‑haven appeal. With reduced risk, demand for the dollar should fall, allowing higher‑risk, undervalued currencies to rally. Emerging‑market (EM) currencies and those of energy‑importing...
Iran calling up its neighbors to resist US-Israel. Let’s assume some of the GCC members fall in line - out of survival - what happens to their US investments and USD hegemony?
15 attacks in 12 days by Iran disrupted global oil and LNG flows #OilMarkets #Energy #Shipping #Geopolitics #Hormuz https://t.co/ocx5vrbgxM
Former President Donald Trump warned Iran on Truth Social to stop charging fees for oil tankers transiting the Strait of Hormuz. Iran is reportedly planning to levy cryptocurrency payments for passage, a move that could tighten an already fragile cease‑fire...
Australia shipped 292,347 tonnes of chickpeas and 179,335 tonnes of lentils in February 2026, according to the Australian Bureau of Statistics. Chickpea volumes matched February 2025 levels and were more than triple the 89,420 t sent in January 2026, with India taking 231,197 t. Lentil...
Gold edged toward a third consecutive weekly gain on Friday, hovering around $4,765 an ounce. The metal is on track for roughly a 2% rise this week as central‑bank buying offsets lingering inflation worries. Traders are eyeing a U.S. delegation...
Ecuador announced a steep increase in tariffs on Colombian imports, raising the rate to 100% from the previous 50% effective May 1. The move follows Quito’s claim that Bogotá has failed to implement effective border security against drug trafficking. Colombia rejected...
US labor-force participation fell to 61.9% in March, the lowest since 1977, excluding the pandemic episode. WORK IS BECOMING UNFASHIONABLE. FEWER WORKERS = SLOWER GROWTH. https://t.co/gyKlvb212z
President Donald Trump warned Iran on April 9 that any fees imposed on tankers transiting the Strait of Hormuz must stop immediately. Iran has hinted at collecting tolls in cryptocurrency despite a fragile two‑week ceasefire announced on April 7. Ship...
Geopolitical tensions in the Middle East intensified Thursday as Iran warned it could abandon the US‑Iran cease‑fire after Israeli strikes in Lebanon, while the United States dispatched a delegation to Pakistan for talks. The fragility of the truce pushed oil...
Europe’s gas market has cooled from March’s three‑year highs, but analysts warn the relief is fleeting. Storage levels sit at just 29% of capacity, well below the 35% benchmark from a year ago, leaving the continent exposed as it races...
The United States faces a projected cumulative deficit of $22 trillion over the next ten years, far exceeding official forecasts that assume no new wars or recessions. To fund this gap, the Federal Reserve will likely resort to massive balance‑sheet expansion,...
Fox: Is Trump expecting to pay back $168B in tariff revenue post the SCOTUS decision? NEC Hassett: Uh...there's alternative authorities that perhaps could reduce that number quite a bit. Uh...it's a work in progress. Does that mean you are not getting a...
