Donald Trump is reportedly considering the United States' withdrawal from NATO, believing the move is 'beyond reconsideration' due to what he perceives as a lack of support from allies in the war with Iran. This reiterates his previous threats and criticisms of the alliance.
The head of the International Energy Agency warns that oil disruptions will double this month, affecting Europe, while the UK government continues contingency planning for the economic fallout from the Middle East crisis. Germany's economic growth forecast has been cut from 1.3% to 0.6% due to the Iran war, the Czech National Bank discusses mitigating impacts, and Romania and the Netherlands see a surge in electric and hybrid car registrations due to rising fuel prices.
Ukrainian President Volodymyr Zelensky announced he would ask American mediators to convey a proposal to Russia for an energy sector ceasefire during Easter, confirming that Ukraine has proposed a ceasefire for the Easter holidays and will discuss it with the U.S. side.
Bruce Springsteen launched his 'Land of Hope and Dreams' tour in Minneapolis with the E Street Band, delivering a politically charged speech criticizing figures like Trump and urging the audience to 'fight for the America that we love,' alongside his anti-ICE activism and a Prince cover.
The ongoing Iran war is impacting Japan's traditional safe-haven assets, compelling domestic investors to look for better returns in international markets.
Stock markets, including the Euro-Stoxx-50, ATX, Dow, S&P 500, and Nasdaq futures, experienced a significant surge, driven by optimism surrounding de-escalation talks in the Iran conflict. This rally helped close out the first quarter with strong gains, particularly benefiting banking, airline, and mining sectors, while oil and gas prices fell.
Since the start of Donald Trump’s second term, US media outlets have faced increasing pressure from the White House, including verbal attacks, attempts to control information, and financial pressure.
Former President Donald Trump has repeatedly asserted that Iran sought a ceasefire, which he would only consider if the Strait of Hormuz is reopened, threatening severe military action until the waterway is free. This has sparked international reactions, discussions on regional security, and economic concerns.
American freelance journalist Shelly Kittleson was abducted in Baghdad, Iraq, by an Iran-backed militia, despite having been warned of threats and turned back from the border on March 9 due to lacking a press work permit. Investigations are underway, and US authorities are working to secure her release.
European capitals, including France, Italy, and Spain, are adopting differing approaches regarding US aircraft access amid the Middle East conflict. France's refusal to allow US military overflights for Israel has drawn criticism from Donald Trump and led to Israel ending French arms imports, sparking debate within France.
The Philippine government has set a P50 per kilo price ceiling for imported rice and is taking measures to protect consumers, as soaring fuel costs from the Middle East conflict are causing commodity price increases and impacting local livelihoods, with oil companies announcing significant price hikes for diesel and gasoline.
FIFA President Gianni Infantino has confirmed that the USA will be the venue for Iran's World Cup matches, despite Iran's football association having negotiated for a shift to Mexico due to the ongoing war.
The 'Iran war' is causing a fossil fuel shock in the UK, impacting food prices, fuel costs, and interest rates, with warnings that it could lead to higher energy prices and increased mortgage costs for homeowners. UK borrowers coming off five-year fixed-rate mortgages are particularly affected, facing an average increase of £395 per month, necessitating rapid adaptation of the country's energy system.
Interview: Efter en måneds krig har mange iranere opgivet håbet om at krigen vil vælte det forhadte præstestyre. Styret er for stærkt og oppositionen for svag, fortæller iraner, der netop har forladt…
The U.S. Supreme Court is hearing arguments on former President Donald Trump’s executive order challenging birthright citizenship, a case that could redefine who is considered American and is being highlighted as potentially one of the most significant Trump-related cases before the court.
The UAE has reportedly expressed willingness to join efforts to forcibly open the Strait of Hormuz, according to an exclusive Wall Street Journal report, despite earlier rejections of claims that it planned to escalate military action in the critical waterway.
Mortgage demand from both homeowners and potential home buyers is experiencing a significant and continuous fall, with weekly refinance demand down over 40% in the past month, driven by rising interest rates and concerns over the war with Iran.
Greenpeace has accused oil companies of making 'superprofits' from the Middle East war, while oil futures posted record gains in the first quarter, raising questions about the industry's economic position during the ongoing energy crisis.
South Asia is facing a severe energy crisis, marked by power outages, four-day work weeks, and rapidly rising food prices, all exacerbated by the Middle East War. This comes as India's power sector continues to pursue self-reliance through increased coal production and green energy diversification in response to oil supply disruptions.
Foreign Minister Hakan Fidan held phone calls with his Jordanian, Qatari, Egyptian, and Japanese counterparts as Ankara seeks to defuse tensions in the Middle East and promote anti-war diplomacy.
Kriget i Iran har fått USA:s ekonomi i gungning. ”Kombinationen av krig, inflation och höjt bensinpris är en ganska farlig cocktail för amerikanska politiker”, säger nationalekonomen Klas Eklund.