Keywords: Middle East Conflict
South Africa’s private sector showed signs of recovery in March, returning to growth after a period of stagnation, according to the latest Purchasing Managers’ Index (PMI) data. The PMI rose slightly above the neutral 50 mark, indicating expansion, as increased output and hiring supported......
Growth in the U.S. services sector slowed in March, while the costs businesses pay for inputs surged to levels not seen in over three years, signaling rising inflation pressures amid ongoing geopolitical tensions in the Middle East. The Institute for Supply Management (ISM) reported that its non-manufacturing......
Canada’s services sector has continued to weaken, reflecting the impact of global uncertainty and rising operational costs. According to recent data, business activity declined for a fifth consecutive month, although the pace of contraction showed slight signs of easing. The slowdown has been......
Chinese President Xi Jinping has called for accelerating the development of a new energy system to strengthen the country’s energy security, as global markets face uncertainty linked to ongoing tensions in the Middle East. Speaking in Beijing, Xi emphasized the need for a diversified and resilient......
Escalating conflict in the Middle East erased approximately $62 billion from the combined wealth of Southeast Asian billionaires in March, reshuffling the region's richest rankings as Asia-Pacific stock markets buckled under surging energy prices and a collapse in investor confidence. The 150 ASEAN......
At least five Palestinians were killed in fresh Israeli airstrikes in the Gaza Strip on Sunday, local authorities and hospitals reported. Four casualties were confirmed in Gaza City after an Israeli drone targeted a group of civilians, while another victim died near Deir el-Balah. Al-Shifa Hospital,......
A billionaire aviation executive based in Dubai has warned that airlines around the world could begin filing for bankruptcy within weeks if the war in Iran continues to drive jet fuel prices higher, even as the shipping industry posts record profits fueled by the same geopolitical upheaval. Gediminas......
Bernard Arnault, chairman of LVMH, shed roughly $55.9 billion from his net worth during the first three months of 2026, according to the Bloomberg Billionaires Index, as the world's largest luxury conglomerate recorded its steepest quarterly stock decline on record. The losses reduced his fortune......
European Union authorities could temporarily relax rules requiring member states to keep budget deficits below 3% of GDP if the Middle East conflict persists, Italy’s EU Affairs Minister Tommaso Foti said on Wednesday. Foti explained that the EU Council might act in response to prolonged crises,......
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