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    Tag:Middle East conflict

    IEA Boss Sounds Alarm on Historic Energy Crisis as War Damages 40+ Assets

    The world has faced oil shocks before. This one, Birol made clear, is different – deeper, wider and more dangerous. How governments respond in the coming weeks will determine whether the pain remains temporary or becomes a lasting scar on the global economy.

    IMF Sounds Alarm: Middle East War Risks Fueling Global Inflation Spike

    The market’s verdict has been swift and unforgiving. Brent crude futures rocketed to $119.50 per barrel – the highest since mid-2022 – while West Texas Intermediate (WTI) hit $119.48, capping a blistering 25 per cent surge in days.

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    India’s Supreme Court Urged to Expedite Contempt Case Over Alleged GM Rice Releases

    The case raises wider questions about how rapidly advancing biotechnologies are governed in one of the world’s largest agricultural economies and food exporters.
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    Indonesia Rejects National Disaster Status as Toxic Haze Blankets Southeast Asia

    ASEAN foreign ministers are expected to discuss the transboundary haze at an upcoming meeting. The episode highlights longstanding regional tensions over the annual haze, which has strained diplomatic relations in previous severe seasons such as 2015.

    Sri Lanka’s Middle Class Shrinks as Nearly 400,000 Households Slide Down Income Ladder, Says Boston Consulting Group

    BCG says that policymakers and businesses alike will need strategies that address both the scale of the rural middle class and the constraints facing households that have slipped downward if the gains of recovery are to become more widely shared.

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    India’s Supreme Court Urged to Expedite Contempt Case Over Alleged GM Rice Releases

    The case raises wider questions about how rapidly advancing biotechnologies are governed in one of the world’s largest agricultural economies and food exporters.

    Indonesia Rejects National Disaster Status as Toxic Haze Blankets Southeast Asia

    ASEAN foreign ministers are expected to discuss the transboundary haze at an upcoming meeting. The episode highlights longstanding regional tensions over the annual haze, which has strained diplomatic relations in previous severe seasons such as 2015.