It has been published Friday, Mar 27, 2026 ยท 07:27 PM [HONG KONG] Anmol Goel, head of the family’s London office, said his firm plans to open a shop in the United Arab Emirates this year to connect with the money managers who have flocked to the Gulf. Then the battle began. “We were setting … Read more
Patient Capital, Long-term Attitudes and Global Inequality: A Controversy Beijing, China. Image by Fotokon via Shutterstock. Written by Yan Wang The world economy in early 2026 is facing an escalating conflict in the Middle East that is causing humanitarian and energy crises. In terms of economics, although there is agreement that global inequality is increasing, … Read more
![A series of petrol stations in Kandy, Sri Lanka [Ashkar Thasleem/ Al Jazeera]](https://luzeb.com/wp-content/uploads/2026/03/Sri-Lanka-is-preparing-for-new-economic-challenges-as-the.jpg)
Kandy, Sri Lanka On a sunny March day in the hill town of Kandy in central Sri Lanka, Keerthi Rathna waited in a snaking line to buy her share of petrol for her three-wheeled tuk-tuk. The amount he was allocated by the government was 20 liters (about 5 liters) per week. In the past, Rathna … Read more
In recent years, there have been many warnings about the fragility of New Zealand’s largely imported oil supply. Now, drivers are seeing the cost of that accident at the pump. Nationwide, gasoline is over $3.30 a liter on average. On Auckland’s Waiheke Island, residents protested after prices at the local station exceeded $4 a litre. … Read more
BEIRUT – Amid the conflict in Iran, oil production facilities and shipping lanes – namely the Strait of Hormuz – have been targeted, disrupting the local and global economy. Imports such as natural gas from Qatar and the United Arab Emirates, as well as oil from Kuwait, Bahrain, Saudi Arabia and the UAE have experienced … Read more
Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more
India has a major disruption in the supply and prices of petroleum gas (LPG) due to ongoing conflicts in West Asia. The closure of the Strait of Hormuz and attacks on the region’s energy infrastructure have led to a reduction in imports, an increase in commodity prices, and challenges to the functioning of industries and … Read more