The Mediterranean diet counterpart that could extend lifespan It includes less meat and added sugar and more whole grains, legumes, fish, and dairy products The Independent UK · Oct 13
BP to outline strategy update in December as it reveals steep drop in debts The FTSE 100 firm has seen net debt already reduce to its 2027 target after a sharp drop in the third quarter amid a boost to earnings. Evening Standard · Oct 13
Trump's oil jawboning loses punch as wars spiral Donald Trump’s ability to talk down oil prices is fading as the Iran war drags on and regional violence continues. Despite a recovery in oil flows through the Strait of Hormuz to 80%-90% of pre-war levels, Brent crude has remained above $100 a barrel as traders worry about supply security… The Economic Times · Oct 13
Mortgage hedging adds selling pressure to US Treasury market as yields surge Rising US Treasury yields and mortgage rates have triggered increased mortgage-related hedging, adding selling pressure to the bond market. However, analysts expect the impact to remain limited compared with previous selloffs, as refinancing incentives decline and the mortgage market shrinks. Oil prices, inflation expectations, and Federal Reserve policy remain key… The Economic Times · Oct 13
Crude oil crisis in Hormuz: Much more than just price and quantity The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability has seemingly increased, a logistics premium affects shipping costs and insurance. This situation has led to heightened risks, causing delays in transit times and increased tanker requirements. Diesel shortages… The Economic Times · Oct 13
Fuel prices: Sébastien Lecornu promises €10 cut per fill-up In France, pump prices are among the highest in the European Union. The government has moved to cut the price per litre by 12 to 18 centimes, the prime minister said on Monday. Euronews · Oct 13
Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead? The Indian rupee strengthened 177 paise against the US dollar in two days to 94.06 following aggressive RBI market interventions. Key steps include a special dollar window for oil firms and tighter forex derivative rules to defend the Rs 97 level, though macro risks and FII outflows remain. The Economic Times · Oct 13
Ukraine-Russia war latest: Putin hits Kyiv energy facilities as Zelensky says allies gave ‘no warning’ of strikes US president says both Vladimir Putin and Volodymyr Zelensky want the war to end, but they ‘don't know how to get there’ The Independent UK · Oct 13
Cook once, eat twice: Rukmini Iyer’s miso chilli chicken recipe Roast chicken thighs with roasted squash, leeks and two punchy dressings The Guardian - UK · Oct 13
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debt The IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, elevated energy prices, rising debt and uneven growth pose mounting risks to the global economic outlook. The Economic Times · Oct 13
High crude vs festive demand: Can consumption stocks withstand the oil shock? As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG and apparel. With input and logistics costs rising, analysts indicate that while consumer spending could increase, the burden of elevated crude prices might pressure profit margins. Larger, established… The Economic Times · Oct 13
Rupee jumps 82 paise to 94.96 against US dollar in early trade In early trading, the rupee appreciated by 82 paise against the US dollar, hitting 94.96, thanks to strategic moves by the Reserve Bank of India aimed at curbing dollar demand. Key actions included establishing a dedicated dollar window for oil firms and raising costs for hedging. Meanwhile, Brent crude prices… The Economic Times · Oct 13
IMF raises its forecast for world growth this year but says economies will slow in 2027 The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1% The Independent UK · Oct 13
More rate hikes loom as inflation tops rich nation list Australia's inflation rate is forecast to remain above the Reserve Bank's target range amid rising oil, tech and agricultural prices. AAP · Oct 13
The Economic Times · Oct 13 Trump defends Russia diesel deal as lawmakers from both parties complain In light of ongoing legal questions, US President Donald Trump has stood firm on a disputed diesel oil agreement with Russia. This deal aims to mitigate fuel prices but faces skepticism over its supply limits. Lawmakers from both sides are pushing for a reassessment of the deal, advocating for stricter…
The Economic Times · Oct 13 IMF says AI investment propping up global growth, but war and debt threaten outlook The International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, downside risks are increasing, leaving many countries vulnerable to rising debt. Key oil-producing nations are expected to face significant recessions due to ongoing conflicts. The outlook for developed…
The Economic Times · Oct 13 IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’ The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilience amidst geopolitical tensions and depleting oil inventories. Advanced economies are projected to grow more slowly, while emerging markets may face slowdowns. Inflation is expected to remain high, impacting consumer…
The Economic Times · Oct 13 Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next? Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, to $93 a barrel. Brent settled at $106.65 a barrel on Monday, its highest level since September 15. Oil prices have surged more than 70% this…
The Economic Times · Oct 13 IMF sees India bucking global slowdown, raises 2026 growth forecast to 7% IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust services activity have contributed significantly to this revision. Higher global oil prices have impacted several economies, but India remains an exception. Other major agencies like the World Bank have also raised their…
The Guardian - AU · Oct 13 ‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation
The Guardian - UK · Oct 13 IMF warns global economy ‘could soon test the limits of resilience’ World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026
The Economic Times · Oct 13 Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks Oil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from recent assaults in Saudi Arabia and the potential increase of Russian diesel imports. Ongoing concerns about the robustness of Gulf energy infrastructure arose after strikes near vital…
AAP · Oct 13 Aussie shares pare early losses, mining and tech drop A sell-off in global microchip stocks has hammered the technology sector, as competition and concentration worries rattled confidence in the AI narrative.
The Economic Times · Oct 13 D-Street poised for positive start as GIFT Nifty signals gains Benchmark Nifty encountered a decline of 0.7% on Monday, driven by growing geopolitical tensions. Market analysts foresee a cautious atmosphere in India, primarily due to volatile crude oil prices and the crisis in West Asia. Foreign portfolio investors exited the market, selling shares worth Rs 1,708 crore, whereas domestic institutional…
Evening Standard · Oct 12 Miliband urges need to stand with Ukraine as Trump has fresh dig at Zelensky The US president claims Vladimir Putin, who started the conflict, wants a peace deal more than the leader of the Kyiv government.