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اردو
Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn
Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
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Bank of England holds interest rates at 3.75% amid Iran war peace prospects
The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.
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Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
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UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
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Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.
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Japan raises interest rate to highest since 1995
The Bank of Japan has been raising rates from near-zero since 2024.
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UK economy shrank 0.1% in April as Iran conflict weighed on growth
The figure was in line with economists' expectations.
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Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
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ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
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Coupang: South Korea fines e-commerce giant $400m over massive data breach
The record fine comes after around 37.5 million users had their private data exposed.
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Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
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The May inflation numbers are due out Wednesday morning. Here's what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
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Asian markets plunge after record AI rally and renewed Iran attacks
Markets in South Korea and Japan slid after a rally in tech stocks in recent weeks.
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The May jobs report will be released Friday. Here's what to expect
The stronger-than-expected start this year for job creation could be in for a reality check.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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Delcy Rodríguez: Will Venezuelan oil earn a permanent place in India\s energy mix？
Delcy Rodríguez‘s India visit highlights Venezuela’s growing role in Delhis oil diversification.
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Job openings in April surged to 7.6 million, the highest in nearly two years
The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.
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Job openings in April surged to 7.6 million, the highest in nearly two years
The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.
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Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Energy costs in the region surged by an annual rate of 10.9% in May.
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