Browsing: economy

The global oil price hit $126 a barrel on Thursday, its highest level since 2022, after Donald Trump said the US blockade of Iranian ports could…

Donald Trump’s fate is to be frustrated by monetary policy.Even assuming he gets his way and Kevin Warsh succeeds Jerome Powell as chair of the Federal…

Remember environmentalist Paul Ehrlich’s 1960s-vintage prediction about how overpopulation would deplete the Earth’s resources and condemn millions to starvation? His Malthusian condemnation of humanity’s voracious appetite…

A further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations, the…

US inflation soared in March amid the US-Israel war with Iran, with prices up 0.9% compared with last month and 3.3% over the year, according to…

The head of the International Monetary Fund has warned that the Iran war will permanently scar the global economy even if a durable peace deal in…

Not two months in office, as the price of west Texas crude approached $14 a barrel, President Jimmy Carter donned a cardigan to speak candidly about…

From Wall Street to the White House, the dish everyone’s talking about this week is the Persian Taco. It’s what’s served when Trump chickens out in…

In the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excursion” in the Middle East…

Introduction: Oil falls after Iraq signs deal to resume exports via TurkeyGood morning, and welcome to our rolling coverage of business, the financial markets and the…