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BUSINESS9h agoIran war likely to drive up inflation next year, CBO saysThe Hill
BUSINESS11h agoIran war driving up inflation for Americans, CBO report saysThe Congressional Budget Office estimates inflation will continue to rise in the first quarter of next year.NBC News
BUSINESS1d agoHuawei’s US trial puts jury to the test amid China, Iran linksThe unique circumstances surrounding Huawei Technologies’ landmark trial in a US court made jury selection especially important to ensuring a fair trial for the Chinese tech giant, according to US litigation experts. Known as voir dire, the process allows the presiding judge and two legal teams to question prospective jurors before the trial begins to identify possible bias and conflicts that could impede their ability to adjudicate the case in a “fair and impartial” way. Richard Gabriel,...South China Morning Post
BUSINESS1d agoOil prices stay above $100 as Iran and Oman delay Strait of Hormuz talksThe Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.CBS News
BUSINESS1d agoOil prices rise after Gulf states postpone talks with IranHouthis launch new attack on Saudi ArabiaIrish Times World
BUSINESS1d agoEtihad Airways sees strong demand, higher passenger capacity despite Iran war, CEO saysYahoo Finance
BUSINESS1d agoCan Iran replace sea trade with land routes?Iran is shifting trade toward northern ports and land routes as its southern shipping faces a US blockade. Analysts say the corridors can keep essential goods moving, but cannot replace maritime trade.DW News [en]
BUSINESS2d agoUS hosts G20 energy talks in Texas as Iran war disrupts global fuel marketsThe United States begins G20 meetings in Houston on Monday promoting “energy abundance” as President Donald Trump’s war against Iran disrupts global fuel markets. Delegations from major economies, including China, India, Japan and Germany, will attend alongside oil producers Canada and Saudi Arabia. Russia is also expected to participate.France 24 [en]
BUSINESS2d ago [ Blog ] The Iran War Shock : Higher Prices , Tighter Money and a Growing Fiscal DilemmaA blog post discusses the potential economic impact of a hypothetical war with Iran, predicting higher prices, tighter money, and a growing fiscal dilemma. This outlines prospective economic challenges stemming from a geopolitical conflict.defimedia.info · Mauritius