World economy
European stocks head for worst month since 2022 as Iran war drags on
Stock prices on the trading floor of the Euronext NV stock exchange in Paris, France, on Tuesday, Aug. 5, 2025. Bloomberg | Bloomberg | Getty Images LONDON — European stocks were volatile in early trading on Tuesday and were on course to round-off their worst monthly performance in six years, as uncertainty over the trajectory […]
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European markets set to start the week lower as Iran war intensifies
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 9, 2026. Michael Nagle | Bloomberg | Getty Images LONDON — European stocks are expected to open in negative territory on Monday as investors grapple with a further escalation in the Iran war and the conflict […]
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Trump reverses course on Cuban oil blockade, allows Russian tanker to pass
U.S. President Donald Trump speaks to the media after departing Air Force One at Miami International Airport on March 27, 2026 in Miami, Florida. Nathan Howard | Getty Images U.S. President Donald Trump signaled he was reversing course on blocking oil shipments to Cuba on Sunday, saying he had “no problem” with any country sending in crude as a Russian tanker neared a Cuban port with […]
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WTO talks near deal on reform roadmap amid U.S.-India e-commerce deadlock: Reuters
The Ocean Network Express (ONE) container vessel ONE OWL, originally from Japan, floats under the Talmadge Memorial Bridge on the Savannah River while arriving at the Port of Savannah on February 12, 2026 in Savannah, Georgia. Al Drago | Getty Images News | Getty Images Trade ministers are close to agreeing a reform plan for […]
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Worried about Strait of Hormuz inflation to come? The world economy has one word for you: Plastics
Jeff Greenberg | Universal Images Group | Getty Images The price of naphtha may not keep you up at night when you think about the inflation yet to hit the economy from the U.S.-Iran war and Strait of Hormuz closure, but perhaps it should. As gas prices continue to rise alongside crude oil, costs of petroleum derivatives […]
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How Chinese, Russian Arctic ambitions are fueling a U.S. polar icebreaker mission
The once-impenetrable Arctic waters have become the latest battleground for sea dominance among military and maritime vessels, as increased activity by both the Chinese and Russian Coast Guard and naval ships in recent months has raised concern in the U.S. The Northwest Passage, a sea route extending north of Canada that connects the Arctic Ocean […]
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Trump wants to squeeze Iran into peace talks with more troops — but it may backfire, analysts say
WASHINGTON DC, UNITED STATES – MARCH 20: United States President Donald Trump (R) speaks to the press before his departs the White House en route Miami, Florida on March 20, 2026, in Washington DC. Celal Gunes | Anadolu | Getty Images Nearly a month into the Iran war, the United States is preparing to send […]
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Inside India newsletter: Ikea has high hopes for the country as it stares at a global slowdown
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world’s fastest growing large economy. This week, I dive into the world’s largest furniture retailer, Ikea, and its big plans in India even as it contends with […]
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