Browsing: Economic

President Donald Trump has announced the US will inflict “TREMENDOUS Economic Consequences” on any country that helps or does business with Iran

The United States resumes its naval blockade on Iranian ports, a move President Donald Trump details as a strategic shift from previous plans. Miad Maleki, a former senior U.S. Treasury official, discusses the economic and geopolitical implications of this decision. Trump emphasizes the importance of Gulf States contributing to security in the Strait of Hormuz

The Star Market 50 index of mostly chipmakers rebounded 9 per cent in August, recouping some of the 26 per cent slump in the previous month

Aug. 18, 2026, 4:21 AM EDT / Updated Aug. 18, 2026, 4:21 AM EDT / Source: Reuters By Reuters

AMELIA ISLAND — Florida State University wasted no time flexing the power of the Garnet and Gold before a standing room workshop center during a discussion on the school’s economic impact in the region

London/Panama City — Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely

Indonesia (AP) — President Prabowo Subianto on Friday touted Indonesia’s strongest first-half economic growth in more than a decade, saying the country could achieve 6% growth by the end of this year despite global uncertainty, while stressing that economic expansion must translate into jobs and higher living standards

Oil prices rose early Friday after the U.S. said its naval blockade of Iranian ports could continue “indefinitely”, reigniting concerns over energy flows through the critical Strait of Hormuz

“It will be a combination of economic isolation like ‌the world has ​never seen before, ​and ​the continued blockade in ‌the Strait of ​Hormuz that will ​keep anything from going in or out of ​the ‌Iranian ports,” Bessent said in an interview with Newsmax, without elaborating further

Iran is set to join the BRICS New Development Bank, the country’s central bank chief said Thursday, as Tehran seeks to shore up its economic alliances almost six months into its war with the U.S. and Israel