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Main burden of US tariffs falls on American companies and consumers
A new ECB analysis from April 2026 reports that foreign exporters have passed 95% of the cost of the new US tariffs onto US businesses and households. A 10 percentage‑point...
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US calls on its allies to step up over Strait of Hormuz
On March 31, 2026, US President Donald Trump addressed European allies on his social network, Truth Social, issuing a firm ultimatum regarding energy security. The president emphasized that countries, including...
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US average gas price tops $4 per gallon as Middle East disruption drives surge
The average retail price of a gallon of gasoline in the United States exceeded $4 in March 2026, marking the largest surge in prices in four years, The New York...
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IMF warns of "global and asymmetric shock" from war with Iran
On April 1, 2026, the International Monetary Fund (IMF) released its forecast for the global economy against the backdrop of the US and Israeli military confrontation with Iran. According...
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Strait of Hormuz blockade could drive oil prices to $150
Global energy prices may reach $150 per barrel if navigation through the Strait of Hormuz remains blocked within the coming month. This prediction was made on April 1, 2026...
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Hong Kong invites BRI central banks to new gold clearing system as it seeks London alternative
Hong Kong has invited central banks of countries participating in the Belt and Road Initiative to join a new gold clearing system, aiming to position the city as a global...
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While some investors brace for dusk of tech era, others buy up discounted stocks
The US technology sector is undergoing its toughest valuation test since the dot‑com crash. The NASDAQ Composite has officially entered a correction amid the escalating military conflict between...
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Rising corporate profits and falling index challenge Wall Street
The US stock market has entered the first-quarter earnings season of 2026 in a state of stark dissonance: valuation multiples are rapidly contracting, while corporate profit forecasts continue to rise...
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Strait of Hormuz blockade: bonanza for oil companies
If military actions in Iran and the effective blockade of the Strait of Hormuz stretch into June, global oil prices could surge to a dazzling $200 per barrel, analysts...
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US consumer sentiment falls to lowest since December as middle‑class worries mount
Consumer sentiment in the United States fell to its lowest level since December of last year, but households do not yet expect the impact of the military conflict with Iran...
