Saad al-Kaabi, Qatar’s energy minister, said in an interview last week that the expanding war in Iran could easily bring oil prices to $150 a barrel, and noted that there is a real risk of Gulf countries ending energy exports.
Tag: Global Economy
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SPECIAL REPORT: CHINA’S NEW FIVE-YEAR PLAN
PUBLISHER’S NOTE: When Beijing launched the COVID War on its Lunar New Year, “The Year of the Rat” in January 2020 and imposed three years of draconian zero-COVID lockdown policies, it destroyed the lives and livelihoods of hundreds of millions of its population. The bullshit line being sold by China and the rest of the locked-down......
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CONSUMER PRICE INFLATION JUMPS IN CHINA
Prices for consumer goods in China increased 1.3 percent in February, year on year, from January’s 0.2 rise.
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GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs and declining demand. Grocery Outlet will close 36 under-performing stores.
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SILENT ATTACKS ON PERSONAL FREEDOM
During the first Trump administration, the FBI quietly spent $5 million on Pegasus, an Israeli-developed software product known generically as zero click.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The global employment landscape continues to undergo profound disruption as companies adapt to economic pressure, technological transformation, and shifting consumer behavior.
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SPECIAL REPORT: THE PRIVATE CREDIT ROUT CONTINUES
Individual investors in private credit funds are fleeing in droves as the industry confronts fears about its long-term outlook.
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SPECIAL REPORT: THE IRAN WAR DAMAGES THE WORLD ECONOMY
The price of Brent crude oil, the world’s pricing benchmark, spiked briefly above $119 on 9 March and could go even higher this week, many analysts expect, as the Iran war has effectively shut down the vital Strait of Hormuz, through which about 20 percent of the world’s oil passes.
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SPOTLIGHT: BIGS GETTING BIGGER
Dahaner, a U.S.-based, $150-billion life sciences conglomerate, is finalizing its acquisition of Masimo, which makes devices that monitor patients’ vital signs, for about $10 billion in cash.
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TOP TREND 2024: OFFICE BUILDING BUST
After years of trying to rehabilitate late-paying commercial real estate loans, lenders are now calling in the loans at an increasing rate.