Explore

BoE's Greene says war impact may unfold slowly, but inflation risks are paramount

BoE's Greene says war impact may unfold slowly, but inflation risks are paramount

By William Schomberg WASHINGTON, April 14 (Reuters) - Bank of England interest rate-setter Megan Greene said on Tuesday it could take months to see how much long-lasting damage is caused to Britain's economy by the energy price spike, but she expects new price pressures to be a bigger risk than a

IMF cuts growth outlook, warns of potential global recession if Iran war worsens

IMF cuts growth outlook, warns of potential global recession if Iran war worsens

By David Lawder WASHINGTON, April 14 (Reuters) - The International Monetary Fund cut its growth outlook on Tuesday due to Iran war-driven energy price spikes and supply disruptions and warned that the global economy would teeter on the brink of recession if the conflict worsens and oil stays above $

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

The Iran war has stalled the world’s economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday

The Latest: Israel and Lebanon hold rare talks as US-Iran standoff deepens

The Latest: Israel and Lebanon hold rare talks as US-Iran standoff deepens

Lebanon and Israel are holding their first direct talks in decades

Wall Street flirts with a record after its big rally the last 2 weeks

Wall Street flirts with a record after its big rally the last 2 weeks

The U.S. stock market is hanging around its record high as Wall Street waits for the next signal on what will happen with the U.S.-Iran war

European shares are little changed after Asia finishes higher amid hopes for US-Iran talks

European shares are little changed after Asia finishes higher amid hopes for US-Iran talks

European shares are little changed in early trading after Asian shares finished mostly higher amid hopes the United States and Iran may try again on talks to end their war

Rattled by Trump, US allies eye Japan's biggest arms opening since WW2

Rattled by Trump, US allies eye Japan's biggest arms opening since WW2

By John Geddie and Tim Kelly TOKYO, April 15 (Reuters) - Japan's imminent easing of arms export rules has sparked strong interest from Warsaw to Manila, Reuters reporting found, as President Donald Trump wavers on security commitments to allies and the wars in Iran and Ukraine strain U.S. weapons

Wall Street futures are flat as US and Iran try to restart talks, but oil ticks higher

Wall Street futures are flat as US and Iran try to restart talks, but oil ticks higher

Markets on Wall Street were largely unchanged from a day earlier and oil prices rose modestly Wednesday as mediators moved closer to extending the ceasefire between the United States and Iran and restarting negotiations to salvage the fragile truce

How a US blockade near the Strait of Hormuz could work and the impact ahead for the global economy

How a US blockade near the Strait of Hormuz could work and the impact ahead for the global economy

A blockade of Iranian ports that President Donald Trump said began Monday could further disrupt oil prices

Iran war weighs on global economy as IMF meeting starts

Iran war weighs on global economy as IMF meeting starts

By Mark John LONDON, April 13 (Reuters) - Alarm over the impact of the Iran war on the global economy grew on Monday with more countries announcing emergency support measures to combat rising energy costs, while others appealed for international support.

Péter Magyar says he’d speak with Putin if called, and ask him to end the killing in Ukraine

Péter Magyar says he’d speak with Putin if called, and ask him to end the killing in Ukraine

Péter Magyar, Hungary's new leader, says he would talk to Russian President Vladimir Putin but won't initiate contact

US military is poised to blockade Iranian ports, while Tehran threatens ports in the Mideast

US military is poised to blockade Iranian ports, while Tehran threatens ports in the Mideast

The U.S. military has vowed to blockade all Iranian ports starting Monday