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Home > Latest

Lates News

date
05/03/2026
Company sources said that Indian Oil Corporation is speeding up the procurement of Russian oil, including purchasing goods loaded on floating oil tankers in the waters surrounding India.
Latest
3 m ago
Last week, the number of initial jobless claims in the United States remained almost unchanged, while the number of layoffs in February decreased significantly, which is in line with the stable trend in the labor market. The data indicates that the labor market is regaining its footing after setbacks last year. Economists believe that last year's fluctuations were due to the uncertainty caused by widespread tariffs imposed by Trump under a law aimed at responding to national emergencies. The "Beige Book" report released by the Federal Reserve on Wednesday also stated that the employment level has been "broadly stable in 12 districts, with 7 reporting no change in hiring." The report noted that "contacts in multiple districts cited rising non-labor input costs, weakening demand, or uncertainty about the overall economic situation as reasons for employment levels remaining stable or declining." Economists are optimistic that with demand stimulated by tax cuts, the labor market will regain momentum this year.
4 m ago
Fitch Ratings: It is estimated that for every week the Strait of Hormuz is closed, the export revenue of hydrocarbons from Bahrain, Iraq, Kuwait, and Qatar will decrease by an amount equivalent to 0.4% of their gross domestic product.
5 m ago
Federal Reserve Bank of St. Louis: The stability of corporate profit margins is partially due to productivity improvements that help companies digest the impact of tariffs.
5 m ago
Fitch: The closure of the Hormuz Strait is expected to last less than a month, with no significant damage to energy production and transportation infrastructure.
5 m ago
Fitch Ratings: It is estimated that every week the closure of the Hormuz Strait will reduce the hydrocarbon export revenue of Bahrain, Iraq, Kuwait, and Qatar by 0.4% of their GDP.
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