Economic Wire: Iran war will spare no major economy, says OECD — but the UK
The UK faces deeper economic damage from the ongoing Iran conflict than other developed economies, according to the OECD’s interim outlook released Thursday.
The UK faces deeper economic damage from the ongoing Iran conflict than other developed economies, according to the OECD’s interim outlook released Thursday.
According to CNBC Top News, Shell CEO Wael Sawan is warning that Europe faces another energy supply crunch as the Iran conflict continues to disrupt global oil flows. Other major oil executives are ec
According to CNBC, European Central Bank President Christine Lagarde indicated the ECB stands ready to raise interest rates even if an expected inflation surge proves temporary, despite keeping rates
What Happened
According to CNBC Economy, economists are raising their recession odds amid growing concerns about geopolitical risks and labor market weakness. Wall Street’s risk assessments are climbing as analysts
What Happened
According to CNBC, United is redesigning smaller aircraft cabins to squeeze in more premium seats that convert to beds, ditching economy rows to court high-spending travelers.
According to CNBC, Britain is requiring solar panels and heat pumps in all new homes as part of its response to the Iran war, which has triggered what officials call “the largest supply disruption in
WHAT HAPPENED
According to CNBC, oil prices jumped Tuesday with Brent crude climbing back above $100 per barrel as optimism over Iran war de-escalation faded.
According to CNBC, Japan’s consumer price index fell to 1.3% in February, missing estimates and marking the fourth straight month of decline from a peak of 1.5% in January.
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