Oil and Gas

Hiring in the US is in an epidemic decline as the job market continues to shrink

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Hiring in the US is in an epidemic decline as the job market continues to shrink

Job openings in the United States have fallen to a six-year low, as demand for restaurant workers remains amid concerns about trade, immigration and the growing role of artificial intelligence (AI). Tuesday’s Job and Employment Survey (JOLTS), a monthly report issued by the United States Department of Labor, showed that job openings fell by 358,000 … Read more

Analysis: A new oil crisis is underway. The next few weeks of the war will be important for the economy.

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Why the next few weeks of the Iran war are important for the US economy

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

Sri Lanka is preparing for new economic challenges as the war against Iran continues

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A series of petrol stations in Kandy, Sri Lanka [Ashkar Thasleem/ Al Jazeera]

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