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As Iran war drives up fuel prices, states are hesitant to suspend gas tax
Politics As Iran war drives up fuel prices, states are hesitant to suspend gas taxes. Here's why. By Kathryn Watson Kathryn Watson Politics Reporter Kathryn Watson is a politics reporter for CBS News Digital, based in Washington, D.C. Read Full Bio Kathryn Watson April 16, 2026 / 6:00 AM EDT / CBS News Add CBS News on Google Washington — As fallout from the war with Iran keeps fuel prices high, few states are making moves to suspend their gas and diesel taxes. Tax policy experts say s...
Your next flight could be more expensive as jet fuel costs soar
Airlines are facing higher costs, and one airport group in Europe has warned of the risk of a "systemic jet fuel shortage" if traffic through the Strait of Hormuz doesn't normalize by the end of this month.(Image credit: Justin Sullivan)
UAE investors pile into gold, oil, leaving crypto behind
Dubai: Retail investors in the UAE are turning towards commodities, with gold and oil emerging as the preferred assets in a period marked by geopolitical tension and market volatility.Sign up for our daily business newsletter, Cheques & Balances.Fresh data from eToro’s latest UAE Retail Investor Beat shows commodities have overtaken crypto to become the most widely held asset class among local investors, reflecting a growing preference for tangible assets that respond directly to global events.G...
Trans people in Britain are living in 'fear and exclusion' after Supreme Court ruling
A year after the Supreme Court ruling on the Equality Act and subsequent Equality and Human Rights Commission (EHRC) guidance, trans people across the UK say the impact is still being felt in their everyday lives - from workplaces and public spaces to their mental health.Stephanie Lynnette, a 29-year-old trans activist and Events and Projects Manager at London Trans Pride, says the ruling altered both her work and personal life overnight.“Everything for me changed on a daily level,” she told The...
Democrats’ new affordability nemesis: FIFA
Democrats are adding a new target to their affordability agenda, joining groceries, utilities and landlords — FIFA, the soccer governing body responsible for staging the World Cup. In New York and New Jersey, which are hosting eight tournament matches this summer at MetLife Stadium, a populist pile-on is being fueled by news that transit officials will close part of the nation’s busiest train station for the exclusive use of ticketholders and charge them more than $100 to get to matches. New J...
Trump wants to ‘rewire’ global oil away from Hormuz – expert (VIDEO)
Output drops of around 25% are expected as the US aims to shift energy flows, Tom Luongo has said US President Donald Trump is making “a big move towards controlling the marginal barrel of oil,” attempting to shift the world’s energy focus from the Persian Gulf region to the Gulf of Mexico, “where oil tankers are now lining up,” geopolitical analyst Tom Luongo told RT in an interview on Wednesday. A sharp drop in OPEC oil production is an...
Barclays Analyst Sees Extreme Pricing for Physical Oil
Lydia Rainforth, European energy and energy transition research head at Barclays, discusses energy markets as oil steadies on signs the US and Iran may extend a ceasefire and restart talks to end the war. "We've lost 10 million barrels a day of supply," Rainforth tells Bloomberg Television. "That sort of scale that I don't think the markets are pricing," she adds. (Source: Bloomberg)
Noida protests: Some industrial units resume operations as workers return
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نتبلاکس خسارات قطع اینترنت در ایران را ۱.۸ میلیارد دلار برآورد کرد
نتبلاکس، نهاد مستقل پایش وضعیت اینترنت در جهان، در مورد خاموشی دیجیتال در ایران گزارش داد که قطع اینترنت کشور تاکنون حدود ۱.۸ میلیارد دلار خسارت اقتصادی به بار آورده و پیامدهای منفی حقوق بشری نیز به همراه داشته است.
TSMC says war not expected to impact material supply in ‘near term’
TAIPEI, Taiwan: Taiwan’s TSMC said Thursday it does not expect the Middle East war to impact its supply of chipmaking materials such as helium and hyrogen in the near term. “We source from multiple suppliers in different regions, and we have prepared safety stock inventory on hand,” chief financial officer Wendell Huang told an earnings call. “We do not expect any near-term impact on our operations.” AI demand drives TSMC’s net profit to fresh record Taiwanese...
TSMC says war not expected to impact material supply in ‘near term’
BusinessInternationalTSMC says war not expected to impact material supply in 'near term'By AFP -Apr 16, 2026TAIPEI, Taiwan: Taiwan’s TSMC said Thursday it does not expect the Middle East war to impact its supply of chipmaking materials such as helium and hyrogen in the near term. “We source from multiple suppliers in different regions, and we have prepared safety stock inventory on hand,” chief financial officer Wendell Huang told an earnings call. “We do not expect any near-term impac...
Inside OpenMacro: How One of Europe’s Youngest Fund Management Teams is Democratizing Institutional Macro Intelligence
Casablanca – For decades, macroeconomic and quantitative investment research has operated as a closed system. Only the largest financial institutions had the resources to connect macroeconomic variables — labor markets, inflation, liquidity, and monetary policy — to asset behavior using advanced mathematical models. The cost of proprietary data, the need for PhD-level research teams, and opaque fund structures kept this layer of intelligence firmly out of reach for most investors. That system is...
Minister to propose £100 oil payment for lower income households
Minister to propose £100 oil payment for lower income households26 minutes agoShareSaveAdd as preferred on GoogleJayne McCormack,Political correspondentandNiall Glynn,BBC News NIPA MediaGordon Lyons said more funding is needed than is being offered by the UK governmentCommunities Minister Gordon Lyons is set to propose households in Northern Ireland with a total income of about £30,000 or less will get an extra payment to help with heating oil bills.Stormont ministers are meeting to discuss how...
Private companies hitting 48,000 UK drivers with £100 charge every day
Private companies hitting 48,000 UK drivers with £100 charge every dayThe issue is contentious and new figures have been publishedCommentsMoneySteven Smith Content Editor10:29, 16 Apr 2026View 3 ImagesThe DVLA charges £2.50 for every request(Image: pratan ounpitipong via Getty Images)Around 48,000 motorists in Britain are being hit with charges of up to £100 every day, new figures show. New data shows drivers receiving an average of nearly 48,000 parking fines daily from private firms.Some 13.1...
Aldar secures Dh5 billion sustainability-linked loan to boost Abu Dhabi growth
Abu Dhabi: Aldar Properties has raised Dh5 billion through a new sustainability-linked revolving credit facility, giving the Abu Dhabi developer additional firepower to fund future projects. The five-year syndicated loan, backed by 10 UAE, regional and international banks, lifts Aldar’s total available liquidity to Dh38.2 billion, including Dh13.9 billion in cash and Dh24.4 billion in undrawn committed facilities.The company’s average senior debt maturity stands at five years, while the average...
IMF Warning: खतरा बड़ा है... 2029 में द्वितीय विश्वयुद्ध के बाद जैसा होगा माहौल? भारत के लिए डर कम
IMF Warning
Maruti Suzuki Ignis likely on its way out as demand fades
Maruti Suzuki Ignis likely on its way out as demand fades
Sensex falls 1,000 points after early gains: What should investors do?
Sensex falls points after early gains What should investors do
UAE labour market remains stable amid regional developments
Dubai: The UAE’s labour market continues to demonstrate resilience and stability despite ongoing regional developments, with businesses operating smoothly and workers receiving wages on time, according to the Ministry of Human Resources and Emiratisation (MoHRE).In a statement issued on Thursday, MoHRE confirmed that the country’s private sector remains unaffected by regional uncertainties, underlining the strength, diversity and sustainability of the UAE economy.Get updated faster and for FREE:...
UAE tightens AML rules, banks face stricter checks
Dubai: The Central Bank of the UAE has rolled out a fresh set of anti-money laundering and counter-terror financing guidelines, tightening expectations for banks and money transfer operators. Sign up for our daily business newsletter, Cheques & Balances.The update sets out clearer supervisory expectations across customer verification, trade finance monitoring and correspondent banking, with a stronger focus on identifying risks linked to proliferation financing and cross-border transactions.Get...