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Middle East conflict sparked major supply shock, says Bank of England boss
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Kenya Hikes Gasoline Pump Prices Sharply on Iran War
Kenya pump prices jumped to the highest in nearly three years as the fallout from the war on Iran reverberates across economies.
Bond Market Veteran Bassman Sues ETF Manager Over Compensation
Harley Bassman, who invented a widely-followed gauge of Treasury-market volatility and later developed exchange-traded funds for Simplify Asset Management, is suing the firm for allegedly stiffing him of millions of dollars in compensation.
Manchin Warns of The Historic Rise of US Debt As Iran War Drags On
Former Senator Joe Manchin said continued attempts in Congress to use party-line votes to pass spending legislation in Congress part of the reason the federal debt is ballooning. He joined Bloomberg's Balance of Power to discuss. (Source: Bloomberg)
World Economy Could Be "Thrown Off Course" By War In Middle East: IMF
The global economy is set to grow by 3.1 percent this year, said the International Monetary Fund in its World Economic Outlook report, released during its spring meetings in Washington.
Precious metals futures rising on Tuesday
Gold with delivery in this June was traded at $4,861.1 per ounce on Comex, up 1.73%
Kevin Warsh is very rich, or possibly very, very rich
In the Fed with the bread
Bank of Russia sets dollar rate at 75.85 rubles for April 15
The official yuan rate was set at 11.09 rubles, down 4.3 kopecks
Russian GDP growth forecast improved to 1.6% in 2026 — Dmitriev
According to the IMF, the Russian economy grew by 1% in 2025
Socialist Mamdani touts government-run grocery plan as ‘grand experiment’' at grocery new site
New York City Mayor Zohran Mamdani spoke at one of his proposed government-run grocery stores on Tuesday, touting what he described as a "grand experiment" that would reduce the cost of everyday items like bread and eggs.The socialist mayor, who has promised to open one such store in each borough, said the city will subsidize basic grocery items while a private operator runs the stores under city rules requiring lower prices."New York City it is time for a grand experiment once again, just as La...
Tory Burch Seeks Loan to Buy Back General Atlantic’s Stake
Luxury retailer Tory Burch LLC intends to repurchase private equity firm General Atlantic’s stake with some of the proceeds of a planned $700 million leveraged loan.
Russian stock market ends with slight growth amid low trading volumes
The yuan exchange rate fell by 13 kopecks to 11.04 rubles
Canada Regulator Reviewing Banks’ Private-Credit Exposures
Canada’s bank regulator is examining lenders’ exposure to hedge funds and private-credit shops — as well as how they transfer risk to those firms — with further inquiries planned.
Saks Offloads Its Gulfstream Jet in Push to Shrink in Bankruptcy
Saks Global Enterprises won court approval to sell its Gulfstream jet that executives used for business and personal travel, as the bankrupt luxury retailer slashes debt and operating expenses.
Readiness for Paks-2 ‘exam,’ Kiev hits Zaporozhye nuke: Likhachev’s comments
According to the head of the Russian state corporation, Hungary, in a sense, will also be taking an exam for "a serious promotion of one of the world
Bitcoin, Ethereum in the green on Tuesday — Binance
Bitcoin added 4.78% and hit $75,489, being above $75,000 first time since March 17, 2026
Global Oil Demand to Decline in 2026 as Middle East Supply Shock Reshapes Market
Rabat – Global oil demand will decline in 2026 for the first time since 2020, as shortages and higher prices linked to war in the Middle East reshape energy markets, the International Energy Agency (IEA) said. The agency described the situation as the most severe oil supply shock on record. The last annual drop in demand took place in 2020, when pandemic lockdowns and border closures cut global use by 8.97 million barrels per day. Since then, demand returned to steady growth. Six years lat...
Fed’s Goolsbee Sees Iran War Possibly Delaying Rate Cuts
Federal Reserve Bank of Chicago President Austan Goolsbee said interest-rate cuts may be pushed back by the surge in energy prices due to the Iran War. “The longer this inflation disruption goes, the more likely it is, in my view, that the appropriate rate cutting would be put off,” Goolsbee said Tuesday at the Semafor World Economy Summit. (Source: Bloomberg)
When It Comes To Marketplaces, More Is Exponentially Better
Mirakl, a leading operating system for intelligent commerce, said its 2026 Sellers Report analyzed the performance of over 100,000 global sellers, to discover what's working for sellers.
Libya could supply the oil the world needs while conflict with Iran seethes
Energy markets are driven as much by expectations as by actual output. The credible prospect of increased Libyan production could restore confidence, reduce volatility, and place downward pressure on global energy prices.