Iran war lifts Africa debt costs that have surged since pandemic
The Iran war is raising borrowing costs for African countries that are[……] Read More
Budget chair Jodey Arrington on balancing debt crisis and national security demands
The U.S. government has a lot to pay for at the moment: in addition to mandatory spending like Socia[……] Read…
The real cause of inflation isn’t oil prices, says Johns Hopkins economist
Following the Commerce Department’s release on the morning of April 10 showing that March consumer p[……] Read More
Wall Street is the biggest winner of the Iran war—and the S&P 500 just turned positive for the year
Markets opened down nearly 1% across the indexes on Monday, but news-aggregating accounts online and[……] Read More
With U.S. blockading the Strait of Hormuz, the focus is on who has the ‘guts to go through first’
Early on April 13, the oil tanker Rich Starry—loaded with Iranian crude and headed for China—made a[……] Read More
Trump threatens to blow up Iran’s last ships ‘using the same system of kill’ as drug boats
President Donald Trump posted a warning for Iran on Truth Social Monday morning, only 23 minutes aft[……] Read More
Pope Leo vows to continue Iran war critiques after Trump attacks
Pope Leo XIV vowed to keep criticising the US-Israeli war on Iran, hour[……] Read More
U.S. Navy begins blockade of the Strait of Hormuz, Trump asks Pope to shut up
Oil was at $101 per barrel this morning. S&P 500 futures were down 0.53% this morning before the[……] Read More
Trump blockade of Iran ports risks widening war to high seas
US President Donald Trump’s threat to blockade the Strait of Hormuz aft[……] Read More
U.K. won’t take part in Trump’s planned blockade of Hormuz strait
The UK will not take part in the proposed US blockade of the Strait of Hormuz, setting up yet anothe[……]…
Stock futures sink, oil spikes as Navy looks to block Iran’s exports and break its grip on Hormuz
After a week when ceasefire hopes lifted sentiment and stock prices on Wall Street, the U.S. war on[……] Read More
Iran’s crumbling economy is the regime’s greatest weakness as authorities worry about making payroll
The Iranian economy was already in shambles before the U.S. and Israel launched their war on the Isl[……] Read More