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21.03.26 - 00:48
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Wall Street Week | Fed on Iran War, AI Expectations (Bloomberg)
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This week, the Fed holds rate steady, anticipating greater uncertainty and higher prices amid the war in Iran. And AI is advancing fast, but real-world limits mean it may transform industries more gradually and less dramatically than many expect today. Plus, are US tariffs on Canada causing long-term economic harm, or are they resetting the relationship between two closely linked economies? Later, efforts to limit teen social media use are gaining momentum worldwide, but uneven enforcement is raising questions about their real impact.
(Source: Bloomberg)...
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20.03.26 - 23:54
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How the Iran war has sent shocks rippling across the globe (The Guardian)
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From restaurant closures in the Philippines and petrol rationing in Sri Lanka, to Asian food production crises due to fertiliser shortages, the effects of the US-Israeli war on Iran reverberate around the worldFrom the Philippines cutting down to a four-day week to save electricity, to restaurants in India taking gas-intensive dishes off the menu, and rents being frozen in Spain, the economic fallout of the US-Israeli war on Iran has reverberated around the world.Facing an existential threat, Tehran has retaliated by closing the vital Hormuz shipping lane and bombing its oil and gas-rich neighbours, compounding a deepening crisis abroad for businesses and families. Continue reading......
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20.03.26 - 23:42
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US stock markets dip for fourth straight week over US-Israel war on Iran (The Guardian)
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Markets seem particularly attuned to increasing oil prices, with S&P 500 and Nasdaq down 1.5% and 2% respectivelyUS stock markets dropped again on Friday, capping off a fourth week of market turbulence as investors worried about the US-Israel war on Iran and its widespread impact on global oil prices.The Dow lost over 400 points on Friday, with the S&P 500 slipping 1.5% and the tech-heavy Nasdaq down 2%. Continue reading......
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20.03.26 - 23:42
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UK ministers begin contingency planning amid economic fears over Iran war (The Guardian)
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Anger grows within cabinet over impact of war begun by Donald Trump, who branded Nato allies 'cowards'• Middle East crisis – live updatesDonald Trump has branded the UK and other Nato allies “cowards” but anger is growing among cabinet ministers that his war in Iran could jeopardise Britain's fragile finances.Senior members of the government are in despair about the potential effects on the economy, with experts warning of higher energy prices and increased mortgage and borrowing costs. Continue reading......
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20.03.26 - 22:42
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Putin Reportedly Offers To Cut Iran Intel-Sharing If US Does Same In Ukraine (ZeroHedge)
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Putin Reportedly Offers To Cut Iran Intel-Sharing If US Does Same In Ukraine
Moscow has been accused by top officials in the White House and in Congress of expanding its intelligence-sharing with Iran amid the now three-week-long war involving the US and Israel. Russia has even been accused of handing over targeting information, allegedly assisting in Iranian ballistic missile attacks on US bases and radar sites as well as sensitive assets in the region.
Russia hasn't confirmed that it is doing this, and has issued a meager official denial - but it also hasn't taken serious steps to convince Washington otherwise. The Kremlin is perhaps relishing in the idea of doing to the US in Iran precisely what the US is doing to Russia in Ukraine - making the operation harder, more costly, and setting up for potential quagmire.
On Friday Politico is reporting on a possible quid pro quo offer: "Moscow proposed a quid pro quo to the U.S. under which the Kremlin would stop sharing intelligence info...
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