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11.04.26 - 17:27
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IMF Warns Iran War Will Slow Global Growth, Raise Inflation, And Worsen Food Insecurity (ZeroHedge)
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IMF Warns Iran War Will Slow Global Growth, Raise Inflation, And Worsen Food Insecurity
Submitted by OilPrice.com
Severe fuel shortages, hunger, and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave “scarring effects” on the global economy.
In a speech by Kristalina Georgieva, the IMF's managing director, global policymakers were warned that trade disruption across the Middle East over the last month would lead to lower growth and higher inflation.
IMF Başkanı Kristalina Georgieva, İran savaşının küresel ekonomik büyümeyi yavaşlatacağı konusunda uyarıda bulundu. pic.twitter.com/KJjRWlQvYl
— Voice Of Middle East (@VOME_TR) April 10, 2026
The impact of the war was also predicted to be uneven between different countries depending on levels of energy imports and their proximity to the war, according to the world's foremost economic organisation.
Georgieva's address on Thursday morn...
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11.04.26 - 08:18
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Rolex & Co.: „Viele Schweizer Uhren sind zu teuer“ (FAZ)
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Der Schweizer Uhrenexperte Oliver Müller erklärt, warum Rolex so erfolgreich ist, Swatch mit Problemen kämpft, Cartier nicht verkauft wird – und warum in der Schweizer Uhrenindustrie eine Pleitewelle droht....
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10.04.26 - 21:31
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Nations Race to Secure Enough Fertilizer and Prevent Food Crisis (Bloomberg)
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Governments are rushing to secure supplies of critical crop nutrients ahead of spring planting, as the Middle East war chokes off the flow of commodities and amplifies fears of a global food crisis.
Fertilizers exemplify the tight link between energy and food prices, underpinning harvests worldwide. The Middle East is a vital supplier, rich in both mineral reserves and the gas needed to produce nutrients for staples like corn, wheat and rice. With the Strait of Hormuz effectively shut, shipments have ground to a halt as Iran, the US and Israel continue to exchange strikes on energy infrastructure. Humayun Tai, McKinsey Global Energy & Materials Practice Senior Partner & Leader joins to discuss. (Source: Bloomberg)...
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09.04.26 - 15:54
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US Consumer Spending Muted as Inflation Persists (Bloomberg)
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US consumer spending barely rose in February and the so-called core personal consumption expenditures price index increased 0.4% from January and 3% from the prior year. Recurring jobless claims fell to a nearly two-year low and Inflation-adjusted gross domestic product increased at a 0.5% annualized rate in the fourth quarter. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)...
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09.04.26 - 12:12
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It shouldn′t take a war for Britain to wake up to the need for food security | Tim Lang (The Guardian)
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Everyone has a part to play in reducing our reliance on imported foods, but ministers must provide incentivesTim Lang is professor emeritus of food policy at the Centre for Food Policy, City St George's, University of LondonThe British state has form on food security. It ignores it until there's a crisis – and then it's forced to do rapidly what could have been done better, if only food had been taken more seriously in the first place. We're revisiting this truth today as the food system's oil dependency is revealed by the US-Israel war on Iran. Oil transports the food from farm to fork. It's turned into the fertilisers that have allowed food production to rise since the second world war. It takes us to the shops (unless we walk or cycle).This dependency was also revealed when Russia invaded Ukraine in 2022, and when oil hit $100 a barrel in 2008, and in the 1970s oil shock. When the chancellor, Rachel Reeves, and the environment secretary, Emma Reynolds, called the big food retailers in last week...
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