Trump Vows Harsher Iran Sanctions: What Tools Remain?
US President Trump pledges new economic pressure on Iran. Experts outline possible sanctions, tariffs, and blockade strategies.
Economy
Avocado Workers Return to Fields as US Export Ban Lifts, but Fear Lingers
Mexican avocado pickers in Michoacán are back at work after the US lifted a security alert, but concerns over cartel violence and extortion persist.
Global AI spending to hit $1 trillion in 2026, says Goldman Sachs
Goldman Sachs projects global AI investment will reach $1 trillion in 2026, rising to 1.4% of global GDP by 2028.
India's Growth Broadens as Banking, Autos, E-Commerce and Private Capital Gain Steam
McKinsey reports show India's next growth phase is diversifying across banking, auto components, e-commerce and private capital.
Oil Rally and Regional Tensions Set Stage for Middle East Markets
Oil prices rally on tanker attacks and drone strikes, while UAE urges reopening of Hormuz after ADNOC vessel incident.
Parliament Passes MMDR Amendment to Stabilise Mineral Sector
The MMDR Amendment Bill 2026, passed by Parliament, seeks predictable mining taxation to attract investment and reduce import dependence.
Halving Russian Oil Imports Could Add $5-10 Billion to India's Bill
A 50% cut in Russian crude purchases could raise India's oil import bill by $5-10 billion and inflation by 0.3 percentage points.
Peru's June GDP Growth Slows as El Niño Disrupts Key Sectors
Peru's economy grew 1.75% in June, down from May, as El Niño hit agriculture and fishing hard.
US Inflation Eases in July, But Consumer Spending Takes a Hit
US inflation cooled in July, but retail sales fell and home sales slowed, signaling consumer strain.
Portugal Re-enters REN Capital with 13.7% Stake Purchase
Portugal's Parpublica buys 13.7% of REN from Pontegadea, restoring state presence in the power grid operator after 12 years.
Trump's Blame Game: A Study in Deflecting Responsibility
An analysis of President Trump's tendency to deflect blame for policy failures, from inflation to the Iran conflict, and its political implications.
UAE Blames Iran for Attack on ADNOC Tanker in Strait of Hormuz
The UAE says Iran attacked an ADNOC vessel in the Strait of Hormuz, urging Tehran to halt unprovoked attacks and reopen the waterway.
India's chemical exports could hit $81 billion by 2030, says NITI Aayog
NITI Aayog report sets a $76-81 billion export target for India's chemical sector by 2030, focusing on specialty, inorganic, and petrochemicals.
Trump's grocery promise falls short as prices pinch voters before midterms
Despite Trump's pledge, grocery prices have risen 3.4% in his second term, fueling voter frustration and dampening Republican enthusiasm ahead of the midterms.
UAE Confirms Attack on ADNOC Vessel in Strait of Hormuz, Vows to Defend Navigation
An ADNOC vessel was attacked in the Strait of Hormuz, with no injuries reported. The UAE vows to defend its navigation rights.
UK announces £65 million package for drought-hit farmers
UK PM Burnham authorises £65 million in extra funding for farmers amid record drought and a poor cereal harvest.
Rhine at Record Low as Heatwave Forces Cargo Onto Land Routes
Rhine water levels at Kaub fell to 6 cm, a record low, forcing most transport onto land amid Europe's heatwave.
US consumer mood sours in August as retail sales unexpectedly slip
US consumer sentiment fell in August amid Middle East worries, while retail sales dropped 0.6% in July, the first decline in nine months.
Retail earnings and Fed minutes to test markets this week
Major retailers report quarterly earnings this week, while the Fed releases minutes from its July policy meeting.
Israeli Airstrike Kills Seven in Lebanon; Tankers Targeted Near Hormuz
An Israeli strike killed seven in Lebanon, while two vessels came under attack near the Strait of Hormuz, raising regional alarm.