The former Federal Reserve chairman’s legacy of navigating the dot-com boom and recession is being re-evaluated by economists.
Category: Business
Global Shipping Disruption from Strait of Hormuz Sends Energy Prices Surging
The ongoing blockade of the Strait of Hormuz has pushed global fuel prices to multi-year highs benefiting Russia and Iran at the expense of importing nations.
WTO Data: 95% Drop in Crude Oil Shipments Through Hormuz Since Iran Conflict Began
World Trade Organization data highlights an almost complete halt to oil and LNG traffic through the world’s most critical energy chokepoint.
Bolivian Economic Crisis Deepens as Protests Disrupt National Supply Chains
Weeks of road blockades have cut off La Paz costing the city an estimated $6.5 million daily and squeezing fuel food and medicine supplies.
Iran Oil Sector Faces Reconstruction as US Temporarily Lifts Select Sanctions
With preliminary nuclear deal terms agreed analysts forecast cautious investment in Iranian energy if inspections and compliance milestones are met.
Reliance Jio IPO Plans Advance and May Reshape India’s Telecom Sector
Analysts say the Jio public offering will be a landmark event that could drive satcom competition and force a re-rating of the broader Reliance Industries stock.
India-EU Free Trade Agreement: 93% of Indian Exports to Enjoy Duty-Free EU Access
Under the landmark India-EU FTA nearly all Indian goods will enter the European single market without tariffs while EU luxury cars and wines will get cheaper in India.
RBI Monetary Policy Committee Meeting Minutes: Inflation and Growth Risks Flagged
Members of the Reserve Bank’s policy committee highlighted rising inflation risks from the West Asia crisis and uncertainty about near-term growth trajectory.
India’s Crude Oil Imports from Russia Hit 2.66 Million Barrels Per Day in June
India continues to be one of the largest buyers of discounted Russian crude with June volumes significantly above May’s 1.91 million bpd.
India-EU Trade Deal: Luxury Cars and Wines from EU to Become Cheaper for Indian Consumers
The comprehensive trade agreement includes concessions that will reduce import duties on premium European consumer goods including automobiles and alcoholic beverages.