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BIZARRE: The middle east conflict | Mind Blowing Facts

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

“The Middle East conflict is really driving more inflation…so we are going to use the majority of the tariff refund to offset these higher costs,” the McCormick & Company CFO said.

Fortune

FIIs will return to India, but these 5 reasons will keep them at bay for some time

FII selling has remained a key headwind for Indian equities since 2024, with foreign investors pulling out $32 billion amid the Middle East conflict. While recent inflows have provided some relief, Elara Securities believes a sustained, broad-based return of overseas capital is still some way off.

The Economic Times

Global Market: Japan wholesale inflation hits over three-year high, reinforcing BOJ rate hike expectations

Japan's wholesale inflation accelerated to its fastest pace in more than three years in June as companies passed on higher input costs driven by the Middle East conflict and a weaker yen. The stronger-than-expected reading has reinforced expectations that the Bank of Japan could raise interest rates again later this…

The Economic Times

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Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrest

Jaguar Land Rover's first-quarter sales dipped 15.3% due to supply issues and weaker demand. A supplier fire and disruptions from the Middle East conflict impacted volumes. The company is shifting focus to the US market, aiming to offset challenges in China's competitive landscape. JLR plans significant cost reductions to bolster…

The Economic Times

TAT slashes long-haul arrival forecast to 10 million

The Tourism Authority of Thailand (TAT) has slashed its long-haul arrival forecast to 10 million arrivals this year, on par with last year, mainly due to the Middle East conflict.

Bangkok Post

TAT slashes long-haul arrival forecast to 10 million

The Tourism Authority of Thailand (TAT) has slashed its long-haul arrival forecast to 10 million this year, on par with last year, mainly attributed to the Middle East conflict.

Bangkok Post

Two million set to be unemployed as growth falters in UK economy

The Middle East conflict is a key factor in the negative forecast

The Independent UK

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CAE Q4 Earnings Call Highlights

CAE (NYSE:CAE) reported higher fourth-quarter and full-year revenue for fiscal 2026, but management said weaker civil aviation training conditions, disruption tied to the Middle East conflict and transformation-related costs weighed on profitability and will continue to affect the company’s near-ter

MarketBeat

India books phosphate fertilizer at 40% above pre-war prices

India has contracted diammonium phosphate (DAP) fertilizer at prices nearly 40% higher than pre-war levels as the Middle East conflict disrupts supplies and lifts global prices. Indian Potash Ltd. agreed to buy about 1.35 million tons of DAP for delivery on the west and east coasts at around $930-$935 per…

The Economic Times

The UK areas where it’s taking longer to sell a home

Mortgage rates increased following the start of the Middle East conflict as swap rates jumped

The Independent UK

S&P Futures Waver With All Eyes on Key U.S. Inflation Data, U.S.-Iran Talks Awaited

June S&P 500 E-Mini futures (ESM26) are trending down -0.02% this morning, swinging between gains and losses as investors cautiously await key U.S. inflation data to gauge the impact of higher oil prices stemming from the Middle East conflict.

Barchart

Grattan on Friday: Cost-of-living crisis is the dragon the government can't slay

At a White House briefing early this week, Joe Biden’s press secretary, Karine Jean-Pierre, was asked whether there’d been any thought of postponing Anthony Albanese’s state visit because of the Middle East conflict.

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