Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.
Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped.
Artificial intelligence companies looking to raise funds are being made to pay lofty interest rates, as debt investors become cautious.
Restrictions have made it costlier for Russia to ship oil by sea. But they have also expanded the illicit shipping economy, with lasting consequences.
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.
The ratings agency, which lowered the U.S. long-term rating from its top mark, said that debt-limit standoffs have eroded confidence in the nation’s fiscal management.