Iran’s tightening grip on the Strait of Hormuz has left global energy markets and shipping in turmoil, with The Financial Times reporting that a full reopening of the
British retail sales volumes fell by 1.3% in April every month, official data published on Friday showed, underscoring continued pressure on consumers amid geopolitical uncertainty and rising energy
Britain’s public finances recorded their biggest April shortfall since the COVID-19 pandemic, highlighting mounting fiscal pressures facing finance minister Rachel Reeves amid the economic fallout from the Iran
The number of Americans filing new applications for unemployment benefits fell slightly last week, suggesting the US labor market remains relatively stable even as policymakers grow increasingly concerned
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag while debt levels remain elevated.
British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official data released on Wednesday. The reading came in lower than economists’ expectations.
British house prices were flat in the 12 months to March after recording a 1.7% increase in the year to February, according to data released by the Office
Foreign holdings of US Treasuries declined in March, according to data released by the US Treasury Department on Monday, with Japan and China leading the reduction in exposure.
India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg
Following Prime Minister Narendra Modi’s call for Indians to conserve fuel and save foreign exchange as the country grapples with the fallout of the Iran war, state-run institutions,