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Explainer-Hormuz crisis throws spotlight on world's largest 'chokepoint' - the Malacca Strait

Explainer-Hormuz crisis throws spotlight on world's largest 'chokepoint' - the Malacca Strait

BANGKOK, April 23 (Reuters) - The closure of the Strait of Hormuz has forced policymakers in Asia to face questions over the security of other maritime chokepoints, including the Strait of Malacca, which is the world's busiest waterway for international trade. WHAT IS THE MALACCA STRAIT?
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Middle East Tensions Keep Crude Prices High, Impacting Global Markets

Middle East Tensions Keep Crude Prices High, Impacting Global Markets

Emerging market stocks and currencies have dropped due to ongoing tensions in the Middle East, which have kept crude oil prices above $100 per barrel. The lack of U.S.-Iran negotiations and restrictions on shipping through the Strait of Hormuz are contributing to fears of a global economic slowdown. As a result, investors are turning to the safe-haven dollar, causing declines in emerging market currencies. Central banks in countries like Indonesia and India are intervening to stabilize their currencies. The high energy prices are expected to impact corporate earnings, particularly in energy-deficient regions.
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A look at China's behind-the-scenes role in Iran war diplomacy

A look at China's behind-the-scenes role in Iran war diplomacy

China's behind-the-scenes role in efforts to de-escalate the Iran conflict has been gaining attention
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US investors crave predictability after Orban's overnight law changes

US investors crave predictability after Orban's overnight law changes

By Gergely Szakacs BUDAPEST, April 22 (Reuters) - U.S. investors in Hungary are hoping for a return to predictable policymaking after years of abrupt law changes and ad hoc measures, following centre-right opposition leader Peter Magyar's landslide victory over Prime Minister Viktor Orban.
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Italy to cut growth forecasts as Eurostat delivers deficit verdict

Italy to cut growth forecasts as Eurostat delivers deficit verdict

By Giuseppe Fonte and Gavin Jones ROME, April 22 (Reuters) - Italy is set to cut its economic growth forecasts on Wednesday due to the turmoil in the Middle East and surging energy costs, government officials said, with the outlook for public finances dependent on a ruling from Eurostat on Rome's
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Indonesia rights bodies find widespread abuses in 2025 protests

Indonesia rights bodies find widespread abuses in 2025 protests

By Ananda Teresia JAKARTA, April 21 (Reuters) - An investigation by Indonesian state-run rights bodies found widespread violations by security forces including sexual abuse of some minors during last year's deadly anti-government protests. 
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Analysis-Biofuels back in vogue as Iran war triggers oil price surge

Analysis-Biofuels back in vogue as Iran war triggers oil price surge

By Nigel Hunt and May Angel LONDON, April 21 (Reuters) - Soaring oil prices in the wake of the U.S.-Israeli war on Iran are driving renewed demand for biofuels as the need to tackle a fossil fuel shortage outweighs concerns that using crops for fuel will drive up food prices.
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Governments worldwide shield households from rising energy costs

Governments worldwide shield households from rising energy costs

April 21 (Reuters) - Governments worldwide are trying to shield consumers from soaring energy costs resulting from the U.S.-Israeli war on Iran. 
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The Latest: Vance and Qalibaf expected in Round Two talks, but Trump says 'I expect to be bombing'

The Latest: Vance and Qalibaf expected in Round Two talks, but Trump says 'I expect to be bombing'

There appears to be movement toward another round of U.S.-Iran ceasefire talks, with two regional officials telling The Associated Press Tuesday that both countries have signaled a return to Pakistan for discussions
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Italy to confirm 2026 deficit around 2.8% of GDP despite weaker growth

Italy to confirm 2026 deficit around 2.8% of GDP despite weaker growth

By Giuseppe Fonte ROME, April 21 (Reuters) - Italy aims to bring its budget deficit below the European Union's 3% of GDP ceiling this year despite a weakening growth outlook due surging energy costs and Middle East turmoil, sources close to the matter said.
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Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

April 21 (Reuters) - A prolonged disruption in energy supply can widen India's trade deficit and strain the fiscal account of the world's fastest-growing major economy, according to rating agency Moody's.
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Trump says the US will extend its ceasefire with Iran at Pakistan's request

Trump says the US will extend its ceasefire with Iran at Pakistan's request

President Donald Trump says the United States is extending its ceasefire with Iran at Pakistan’s request as he waits for a unified proposal from the Islamic Republic