Time is ticking for the US-Israel war in Iran. Opinions emerging from oil industry executives and analysts are that the economic and market fallout from the conflict could increase significantly if the Strait of Hormuz is not reopened within the next week to three. However, enough damage may have already been done to keep energy … Read more
Average ARMs have started to drop further and are at record lows: FHFA’s National Mortgage Database. By Wolf Richter for WOLF STREET. The extremely low mortgage rates for 2020 to 2022 – the 30-year rate has fallen below 3% as inflation is heading towards 9% – is one of the reasons for this frozen housing … Read more
The best POLITICO stories selected by Senior Executive Editor Kate Day. Discover the most influential stories in Europe and beyond. About KATE DAY VOTER WINNER Iran war threatens global collapse, Finland’s Stubb warns Unique: Finnish President Alexander Stubb, a one-time golfing buddy of Donald Trump, does not hide his unusually dismal assessment of the American … Read more
Home » AIRLINE NEWS » Thailand Joins Vietnam, Indonesia and Others in Facing Unexpected Tourism Crisis as Skyrocketing Fuel Prices Threaten Southeast Asia’s Economic Stability and Tourism Recovery. Published on March 28, 2026 An image created by Ai Thailand, Vietnam and Indonesia-the three most popular destinations in Southeast Asia-are struggling with tourism crisis fueled by … Read more
The joint US-Israeli attacks on Iran and Tehran’s response have pushed oil prices higher, with Brent crude often rising above $100. Experts say this will not only affect energy prices but also food prices. ADVERTISING ADVERTISING The impact could be particularly strong in Europe, leading to higher food prices and higher living costs. So, how … Read more
Goldman Sachs economist Pierfrancesco Mei published a note on March 26 estimating that rising oil prices will reduce US wage growth by about 10,000 jobs per month until the end of 2026. The bank also expects the unemployment rate to rise 0.2 percentage points overall to 4.6% in Q3 2026. Higher oil prices account for … Read more
The Ethiopian Investment Commission (EIC) concluded investment deals of more than 13 billion dollars at the fourth annual Invest in Ethiopia 2026 Forum, exceeding the initial expectation of more than 2.4 billion dollars. These agreements cover the sectors of manufacturing, agriculture and agro-processing, energy, construction and other strategic sectors. Officials say they are expected to … Read more
Open this photo in the gallery: Oil pumps in a farmer’s field near Calgary in November, 2025. The Alberta government had projected a $4.1-billion deficit in the current fiscal year.Todd Korol / Reuters When Alberta Finance Minister Nate Horner released the annual budget more than a month ago, he warned of “difficult decisions” ahead, painting … Read more
David Fickling March 28, 2026 – 5:00 am Save You have reached the maximum number of saved items. Remove items from your saved list to add more. Save this article for later Add articles to your saved list and return to them at any time. Got it AAA It was once said that Australia was … Read more
A new study shows that although wealth is limited, the gap between average income and wealth remains alarming. Amid rising unemployment and inflation, it’s hard for many Americans to get ahead, let alone get rich, although the definition of the last dollar varies widely across the country. Of course, what makes you a fat cat … Read more