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OECD projects US inflation could rise to 4.2% this year due to the Middle East conflict, damaging global growth forecasts.
Epic Games announces significant layoffs as it struggles with dropping Fortnite engagement and aims for financial stability.
The EU-Mercosur trade deal will provisionally start on May 1, eliminating tariffs on over 90% of trade.
The IEA warns that the global economy is facing a major threat from disruptions in the Strait of Hormuz due to the ongoing Middle East crisis.
Iran's recent strikes on Qatar's gas facilities have severely disrupted LNG production, causing global energy price hikes and long-term capacity losses.
Rising oil prices driven by the Iran conflict raise global economic concerns, with predictions of potential shocks beyond $200 per barrel.
Anutin Charnvirakul has been elected as Thailand's Prime Minister, facing economic challenges and a coalition government formed with Pheu Thai.
Trump's temporary waiver of the Jones Act aims to ease rising fuel prices amid the US-Israel conflict with Iran.
US eases sanctions on Venezuela's oil sector to mitigate rising global oil prices amid the Iran conflict.
Cuba invites exiles to invest in businesses, marking a significant economic policy shift amid U.S. pressures and sanctions.
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