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The US economy is under pressure, and a collapse in oil prices could cause it to collapse. “People are getting ready for the fact that we’re either down now or there’s a very good chance we’ll be in the same place soon,” said Hady Farag, partner and co-director of the Boston Consulting Group. Problem: Recession … Read more
The United States of America cut its purchase of Nigerian crude oil significantly in January 2026, and imports fell by 47.16 percent month-on-month, according to the latest data from the US Census Bureau and the US Bureau of Economic Analysis. Figures from the US report on International Trade in Goods and Services show that US … Read more
Printed on 30/03/2026 – 7:07 GMT+2•Updated 10:00 European markets opened lower on Monday as investor sentiment remained cautious amid rising oil prices and political tensions in the Middle East. ADVERTISING ADVERTISING At the time of writing, Germany’s DAX was down about 0.41%, the FTSE 100 was down very slightly, by 0.1%, and France’s CAC 40 … Read more
Listen to this article 4 minute estimate The audio version of this article is generated by AI-based technology. Incorrect names may appear. We work with our partners to constantly review and improve results. In 2024, city council adopted Ottawa’s economic development plan, a multi-year plan to build a city that is “economically diverse and prosperous.” … Read more
The price of oil rose sharply to $ 116 a barrel after Donald Trump said he wanted to “take oil from Iran”, sending Asian markets to fall. Brent crude, the international oil benchmark, rose 2% in early trade on Monday, after Trump said he may seize Iran’s offshore Kharg Island facility. Trump told the Financial … Read more
New data from the US Census Bureau and the Bureau of Economic Analysis show that imports fell by 47.16 percent month-on-month, falling from 3.149 million barrels in December 2025 to 1.664 million barrels in January. The drop of 1.485 million barrels marks one of the sharpest short-term contractions in the Nigerian portion of the US … Read more
Despite the growing selloff in the stock market, are investors considering all the risks and the growing impact of the Iran war? Another possible sign of market complacency can be found in credit markets. Typically, bond yields — the amount of yield earned on safe US Treasuries — expand during periods of political uncertainty as … Read more
Mickey Lyons is waiting to book his next vacation – at least until the prices drop. Loading audio description… “I can’t believe I’m saying this,” said the 53-year-old Detroit resident. “But I’m thinking of driving across the border to Windsor, Ontario, and taking a 12-hour train ride to Montreal rather than deal with the airport … Read more
Market makers are reluctant to take risks as the Middle East war rages Liquidity crunch increases market volatility, wild price swings Increasingly, merchants are struggling to find willing customers LONDON/NEW YORK/SINGAPORE, March 30 (Reuters) – The Iran war has sent jitters across financial markets, leaving some investors and market makers reluctant to take risks, making … Read more
Odd things happen in markets. Last Monday, 15 minutes before Donald Trump announced that “productive talks” with Iran had taken place, oil traders placed bets of half a billion dollars on the future price of oil. Trump’s announcement caused crude oil prices to fall, and it seems that some people knew the announcement was coming, … Read more