UK growth forecast slashed to 1% for next year. Here’s how it could affect you UK gross domestic product (GDP) is set to improve by 1.2 per cent this year but slow in 2027 The Independent UK · Oct 28
UK growth forecast slashed to 1% for next year amid Iran war impact The Office for Budget Responsibility said UK gross domestic product (GDP) is set to improve by 1.2% this year and slow in 2027. Evening Standard · Oct 28
Abandon ship! Around 200 ‘cruise for life’ passengers stranded in Cambodia US-based operator Villa Vie Residences has suspended operations due to an ‘extraordinary’ rise in fuel costs since the Iran war began. Euronews · Oct 28
US Fed expected to hold rates as Iran war fuels inflation concerns The US Federal Reserve is widely expected to hold interest rates steady as rising energy prices linked to the Iran war fuel inflation concerns. With consumer prices accelerating and affordability under pressure, investors will watch Chair Kevin Warsh’s comments for clues on the December rate decision and the outlook for… The Economic Times · Oct 28
UK Treasury chief faces headwinds as he delivers first budget under new prime minister, Andy Burnham British Treasury chief John Healey faces a fine balancing act when he delivers his first budget statement, with the economic backdrop made more difficult as a result of the turmoil caused by the Iran war The Independent UK · Oct 28
The Trump admin said energy costs were a small price to pay in Iran war, but U.S. consumers are paying nearly 8x more than anyone else in fuel costs America’s continued reliance on gas-powered cars has made it vulnerable to energy shocks both in the Middle East and in the future, a new report found. Fortune · Oct 27
Reckitt trims sales outlook and reveals price hikes amid Iran war cost pressures The London-listed group trimmed its group-wide annual revenue guidance to 3.5%-4.5% like-for-like growth within the core business. Evening Standard · Oct 27
Defense priorities tied up in lame-duck jumble - Roll Call Defense priorities tied up in lame-duck jumble - Defense Roll Call · Oct 27
ECB Meeting: Five key questions on rates, inflation and Lagarde's exit The European Central Bank is widely expected to hold interest rates at 2.5% amid elevated energy prices, eurozone inflation and France’s financial instability. With inflation reaching 3.8% in September, markets anticipate further rate hikes. Policymakers will assess economic risks, bond market pressures and leadership changes before signalling future monetary policy… The Economic Times · Oct 26
Democrats remain clear favourites to gain control of Congress at midterms as Trump’s ratings slide again With eight days until the November 3 US midterm elections, Democrats have a three in four chance of gaining control of the Senate, and remain overwhelming favourites to gain control of the House of Representatives in Nate Silver’s forecast model. The Conversation · Oct 26
Trump demands Muslim Senate hopeful face airport-style security checks if elected IN FULL The Independent UK · Oct 25
Don Jr Warned Trump Against Iran War From the Start, Bombshell Report Reveals Family Rift Donald Trump Jr reportedly opposed his father's Iran war from the start. The bombshell revelation exposes a growing MAGA rift and threatens Trump's America First promise. International Business Times UK · Oct 21
When it comes to Trump's economy, these are the numbers that matter before mid-term elections United States President Donald Trump attempted to convince voters before the upcoming mid-term elections that the American economy is growing. However, voters have maintained the negative effects of inflation caused by the Iran war. The economy is seeing slowing job growth and widening income inequality, with high interest rates encumbering… The Economic Times · Oct 21
German mortgage rates climb to highest since 2009 as Iran war stokes inflation fears Mortgages in Germany are now at their most expensive since 2009, with the average rate on ten-year loans nearing 4.5%, according to broker Interhyp, as inflation fears stoked by the Iran war push up borrowing costs. Euronews · Oct 20
Motorsport · Oct 16 F2 rebuffs suggestion its title race might be over because of the Iran war F2 CEO Michel insists the final rounds are happening as planned and there won’t be a retroactively crowned champion
The Independent UK · Oct 15 IMF says African economies performing well despite shocks from the Iran war The head of the International Monetary Fund’s Africa department says African economies have managed to weather the energy crisis brought on by the Iran war
The Economic Times · Oct 14 Global oil demand to fall by 2.6 million barrels per day in 2026, diesel to account for 25 pc of decline: IEA Global oil demand is anticipated to decrease significantly in 2026 due to the impact of the Iran war. Diesel is expected to account for 25 percent of this decline in demand. Oil supply is projected to rise temporarily before experiencing a drop in 2026, complicating market conditions. Additionally, refinery margins…
The Economic Times · Oct 14 More expensive gas, semiconductors likely pushed up inflation in US last month Inflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors such as continuous supply issues caused by the Iran war. The Federal Reserve is monitoring inflation data closely and may adjust interest rates accordingly. Several companies, including…
International Business Times UK · Oct 14 Banana Growers Face a Profit Squeeze as Iran War Drives Up Fuel and Fertilizer Costs War-related energy and shipping disruptions are increasing costs for banana producers, while higher fertiliser prices and expiring supply contracts could eventually push up supermarket prices.
Euronews · Oct 14 Winter energy bills: Where are gas and electricity prices highest in Europe? Household gas and electricity prices have risen less sharply than petrol and diesel prices in Europe. Ahead of winter, Euronews Business compares prices across capital cities and looks at how they have changed since before the Iran war.
France 24 · Oct 13 IMF upgrades 2026 global growth forecast but war and debt threaten outlook The IMF has raised its 2026 global growth forecast slightly to 3.1%, citing the resilience of advanced economies despite rising energy prices caused by the Iran war. But it warned that poorer countries that are not benefiting from the AI boom remain particularly vulnerable to energy shocks, economic uncertainty and…
The Times of India · Oct 13 Bunkers, guarded palaces: Saudi Crown Prince shifts between residences amid Houthi threat Saudi Crown Prince Mohammed bin Salman is moving between heavily guarded palaces equipped with bunkers as the kingdom faces renewed Houthi attacks amid the wider conflict linked to the Iran war, as reported by the Wall Street Journal.
The Economic Times · Oct 12 Policymakers take on energy shock, rising debt at IMF-World Bank meetings Finance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns include the economic fallout from the US-Iran war and rising inflation. Policymakers face difficult choices regarding spending and support for vulnerable populations amid growing financial pressures. Investment in artificial…
The Guardian - US · Oct 9 A national verdict on Trump 2.0 is coming. Nine midterm voters share where they stand From cost of living to the Iran war, these are the issues that matter most to US voters across the political spectrum
International Business Times UK · Oct 8 US Suffers Up to $3.3B in Aircraft Damage as Drone Losses in Iran Reach an 'Alarming Rate' A Congressional Research Service update says 81 US military aircraft have been lost or damaged in the Iran war, with MQ-9 Reaper losses driving rising replacement costs and capability concerns.