Category: Economic Conditions and Trends

Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed

The New York Times – Business:
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
Javier Milei Tamed Argentina’s Inflation. Now He Wants to Reshape Its Values.

The New York Times – Business:
Argentina’s right-wing president has tamed the country’s runaway inflation. Now he wants to transform its values.
What the U.S. Blockade Means for Iran’s Economy

The New York Times – Business:
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.
China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending

The New York Times – Business:
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
Middle East War Will Slow Global Economic Growth, I.M.F. Warns

The New York Times – Business:
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.
How Iran, Suffering Under Sanctions, Diversified Its Economy

The New York Times – Business:
As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.
Fallout of War Piles Economic Pain Onto Europe’s Political Stress

The New York Times – Business:
Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.
Europe Braces for a Spike in Inflation

The New York Times – Business:
Investors are betting that the European Central Bank and the Bank of England will raise interest rates this year.
Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook

The New York Times – Business:
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan

The New York Times – Business:
The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
Can This Russian Bakery Survive a 3,500% Tax Increase?

The New York Times – Business:
The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.
War in Iran Will Push U.S. Inflation Above 4 Percent, O.E.C.D. Forecast Says

The New York Times – Business:
Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.