Factory output in Britain, France, India, and Japan rose in March, according to Standard & Poor’s purchasing managers' indexes, even as the Iran War raged.
Tag: Global Economy
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GLOBAL CURRENCIES RISE IN VALUE AS U.S. DOLLAR SLIDES
The U.S. dollar’s value rose early in the Iran War as investors sought safety and saw the U.S. as somewhat insulated from the war’s global economic damage.
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SPOTLIGHT: BIGS GETTING BIGGER
Elon Musk’s Space Exploration Technologies, known informally as SpaceX, has paid $60 billion for the right to buy AI coding startup Cursor at a future time.
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SPOTLIGHT: CLEAN ENERGY IS BACK IN FOCUS
In 2025, renewable energy systems generated more electricity than coal-fired generating stations, research organization Ember reported.
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SPOTLIGHT: PRIVATE CREDIT’S MISERY
With the markets focused on the geopolitical and socioeconomic effects of the Iran War, it has been forgotten that the equity markets were in decline before the Iran War was launched by the U.S. and Israel on 28 February.
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STELLANTIS TARGETS FOUR EUROPEAN FACTORIES FOR CHINA DEAL
Stellantis, the Dutch auto conglomerate that owns Alfa Romeo, Dodge, Jeep, Ram and 10 other vehicle brands, has chosen four European factories that it may sell to Chinese EV makers or use in partnerships with them.
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DOLLAR STABLECOINS THREATEN EMERGING NATIONS, BIS CHIEF WARNS
Stablecoins denominated in U.S. dollars are increasingly being used as the medium of exchange in international trade – a shift that risks the “dollarization” of emerging economies, weakens their ability to control their money flows, and leaves them vulnerable to criminal activity, Pierre Hernandex de Cos, general manager of the Bank for International Settlements (BIS), said in a 20 April speech.
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GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs, declining demand, shifting consumer habits and online shopping.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. job market remains uneven, with continued layoffs as broader labor indicators hold steady. Companies cited cost pressures, restructuring, and increased spending on AI as key reasons for workforce reductions.
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SPOTLIGHT: THE WAR’S DEEPENING ECONOMIC SHOCK
By the hard facts and indisputable data, the illegal and unjustifiable war that the United States and Israel have launched against Iran has inflicted severe economic damage across the globe.