Breaking 17:30 Surrogacy controversy in the United States: viral video of same-sex couple sparks debate 17:25 European power prices drop below pre war levels on renewable surge 17:05 Us weighs 20 billion asset release for iran uranium deal 16:45 Bitcoin falls below 74000 after failing to hold key resistance 16:30 Aluminum prices fall after Iran reopens Hormuz to shipping 15:40 Study finds 3000 genes differ between male and female brains 15:30 US receives 6,000 applications for air traffic control jobs in just 12 hours, officials say 15:15 Trump says U.S. will maintain blockade despite partial reopening of strait of hormuz 14:50 Gene discovery in salamanders brings human limb regeneration closer 14:30 Reliance rejects Iranian oil cargoes as sanctions waiver deadline approaches 13:50 Arthur Hayes calls crypto a no trade zone amid war and ai risks 13:20 Hassabis says ai’s biggest challenge goes beyond chatbot competition 13:15 Oil prices fall 5 percent as hopes rise for easing tensions in the Middle East 13:00 Tesla expands chip hiring in Taiwan as Terafab project accelerates 12:40 European gas prices rise as Iran ceasefire deadline nears 12:20 Modi and Macron discuss Hormuz crisis ahead of Paris conference 12:00 James Webb telescope detects methane on interstellar comet for first time 10:00 Warnings grow over gradual erosion of US dollar global dominance 09:40 Mozilla unveils Thunderbolt, a self-hosted AI client for enterprises 09:20 Perplexity launches AI-powered Personal Computer assistant for Mac users 08:40 NASA probe reveals unexpected particle behavior during solar explosion 08:00 Ford recalls nearly 1.4 million vehicles over software issue 07:50 OpenAI unveils GPT-Rosalind to accelerate life sciences research 07:45 Venezuela releases dozens of political detainees amid US pressure


Iran war accelerates global shift toward China-led energy future

The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from......

Oil shock splits forecasts as inflation outlook grows uncertain

Rising oil prices linked to tensions in the Strait of Hormuz are driving a sharp divide among leading economic forecasters over the outlook for global inflation. With crude holding above 100 dollars per barrel, Oxford Economics and Royal Bank of Canada present contrasting scenarios, underscoring uncertainty......

Cocoa prices plunge as global supply rebounds and demand weakens

Global cocoa futures have dropped sharply from their historic peak, falling about 74 percent from nearly 12,900 dollars per metric ton in December 2024 to around 3,365 dollars this week. The decline reflects a rapid shift in market conditions, driven by improved harvests and softer chocolate demand.......

Oil supply shock drives global shift as China boosts clean tech exports

The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s......

Airlines face lasting fuel pressure as Virgin Atlantic warns on costs

The global aviation sector is confronting sustained disruption as jet fuel prices surge and supply tightens, with Corneel Koster warning that elevated fuel costs are likely to persist. The crisis follows the closure of the Strait of Hormuz, which has cut off roughly one fifth of global oil flows. Six......

Rising pressure on G7 debt as global challenges mount

Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure......

Oil shock widens inflation gap between emerging and developed markets

The oil shock from six weeks of U.S.-Iran war drives consumer prices higher in advanced economies, while much of the developing world stays sheltered, widening inflation divergence and reshaping global bond outlooks. Heading into 2026, emerging market inflation stabilized near central bank targets, backed......

China's Q1 GDP growth forecast to rebound to 4.8% despite Iran war risks

China's economy gained momentum in the first quarter of 2026, but economists warn the ongoing Iran war could drag growth for the rest of the year as energy costs rise and global demand weakens. A Reuters poll of 50 economists published Monday projects gross domestic product expanded 4.8 percent year-on-year......

Gold falls as Trump Hormuz blockade lifts oil and dollar

Gold prices dropped in early Asian trading after Donald Trump ordered a naval blockade of the Strait of Hormuz, triggering a surge in oil prices and strengthening the US dollar. The decline followed Trump’s announcement that the US Navy would immediately block vessels entering or leaving the strategic......

Hormuz crisis boosts China clean energy exports as oil flows disrupted

The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......

Oil prices surge while gold falls after announcement of Iranian port blockade

Global commodity markets reacted sharply after the United States announced a blockade targeting Iranian ports, triggering a surge in oil prices and a decline in gold. Crude oil benchmarks rose significantly, with prices climbing above the symbolic $100-per-barrel threshold. The increase reflects growing......

Trump warns China of steep tariffs over potential military support to Iran

U.S. President Donald Trump has warned that China could face heavy trade penalties if it provides military assistance to Iran amid the ongoing regional conflict. Speaking in a televised interview, Trump stated that Washington could impose tariffs of up to 50% on Chinese goods if Beijing were found to......

Lebanese finance minister Yassine Jaber heads to Washington for IMF and World Bank meetings

Lebanese Finance Minister Yassine Jaber has travelled to Washington to take part in the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which will be held from April 13 to 18. He is leading a Lebanese delegation that also includes the Minister of Economy Amer......

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