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This summer’s extreme weather and wars in Iran and Ukraine have made our need for food stockpiles more pressing than everWhen a business makes long-term plans, they call it prudence. When a government makes long-term plans, they call it communism. Any sustained state intervention attracts the prefix “Soviet-style”, and triggers vicious attacks across the billionaire media. So governments have developed a bias against long-term thinking. This may explain why we no longer maintain strate

Live, rolling coverage of business, economics and financial markets as GDP rises in June despite Iran war after stagnating in MayThe UK economy is estimated to be 1.2% bigger than it was a year ago.Real GDP per person is estimated to have increased by 0.4% in the second quarter, up 1.0% compared with the same quarter a year ago.I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pre

GDP expanded by 0.4% in three months to June, down from 0.6% in the first quarter, says ONSEconomic growth slowed in the second quarter of the year, as the disruption unleashed by the Iran war began to take its toll, official figures show.The Office for National Statistics (ONS) said GDP expanded by 0.4% in the three months to June, down from 0.6% in the first quarter, in line with City economists’ expectations. Continue reading...

Beijing may be benefiting from the war in Iran and Trump's tariffs and has an edge in the competition for tech supremacy.

Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector. Protests have already started. Will the Iran war destabilize Iraq again?

A US official confirmed that the United States expects to complete its pullout by September 30.

Em julho, Trump reuniu CEOs das principais empresas de defesa dos EUA para dizer que era preciso aumentar a produção de armas.

Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector.

Regardless of its current hostile rhetoric, the Islamic Republic will likely reach a settlement with the US and Israel.

IRGC advisers say Iran has replaced more missiles and drones than it used, and cite falling US munition stocks.

A widening deficit and Ukrainian strikes are testing Russia's economy, even as war in the Middle East lifts oil revenue.

Sete meses após o início da guerra, e apesar da forte pressão sobre a economia e a infraestrutura do país, os líderes iranianos ainda não parecem ter pressa para encerrá-la.