Economics

Top finance officials from around the world are meeting in Washington this week due to the impacts of the ongoing war in the Middle East, which follows the disruptions caused by the COVID pandemic and the invasion of Ukraine in 2022. The International Monetary Fund (IMF) and World …

President Donald Trump announced on Sunday that the U. S. Navy would begin a blockade of the Strait of Hormuz following unsuccessful talks with Iran, endangering a fragile two-week ceasefire. Trump stated that the Navy would take action against vessels in international waters that had paid Iran a …

Dr. Dan Steinbock At the peak of the crisis, oil surged to $110–116/bbl. But it remains volatile at $90–100 after ceasefire pause. Liquefied natural gas (LNG) took an even harder hit. Oil price surged more than 50%, but LNG soared as much as 143% – a 3-year high. …

Hadi Elis The Tamil people possess one of the world’s oldest continuous cultural and civilizational identities. Historian Michael Wood once described the Tamils as “the last surviving classical civilization on Earth,” noting their remarkable ability to preserve ancient traditions, language, and literature despite centuries of external pressures. Their …

The war in the Middle East is driving major disruptions in global energy markets and risks worsening food insecurity, particularly in low-income, import-dependent countries, the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Food Program (WFP) warned Wednesday. In a joint statement, the institutions …

After 40 days of sustained military confrontation that pushed the region to the brink of a broader Middle Eastern war—and threatened a global energy shock—the United States and Iran announced, on April 8, 2026, a ceasefire agreement mediated by Pakistan. The deal includes a two-week suspension of hostilities …

Amelie Shawn Some ships pass through the Strait of Hormuz after the ceasefire. April 8, 2026 (Shadi Al-Asaar/Anadolu) The Strait of Hormuz will remain the world’s central energy artery and the essential outlet for global oil and gas exports. It is a critical maritime chokepoint through which more …

A Ceasefire Built on Shifting Ground It is impossible to assert with confidence that the temporary ceasefire between Washington and Tehran will hold in the coming period, or that Israel’s claimed adherence to it will remain intact. The agreement itself is already contested in its interpretation, with conflicting …

Susan Al-Makahleh The story of American manufacturing is no longer just about competition with China. It is about something more subtle—and arguably more consequential. The real shift is happening closer to home, in Mexico, where a new industrial ecosystem is emerging, one that quietly blends Mexican labor, Chinese …