Iran’s Hormuz Closure Sends Global Oil Markets Into Crisis
A 20-percent supply disruption unlike any in a generation The Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the open…
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Business, markets, trade and the economy of everyday life.
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G7 Holds Back on Emergency Oil Reserve Release as Iran War Sends Prices Past $119
The war in Iran has triggered the largest oil supply disruption in modern history, with the closure of the Strait of Hormuz cutting off roughly 20 percent of global oil exports.
Germany eyes new growth engines as traditional exports falter
Economy minister warns cars and machinery can’t drive future growth Germany’s economy minister says Europe’s largest economy must move beyond its traditional reliance…
Trump teases choice for Fed chair, signalling major policy shift
Former president criticizes Jerome Powell, hints at new nominee Former U.S. president Donald Trump told supporters he will reveal his pick for the…
Global climate push stalls as emerging markets cling to heavy industry
Emerging markets rely on coal-dependent heavy industry The climate challenge is becoming more complicated as economies pull in different directions.
Employment for 2,000 Youths in the Retail Sector as BRAC Signs MoUs with 20 Companies
BRAC has signed memorandums of understanding (MoUs) with 20 leading companies with the aim of creating sustainable employment opportunities for young people in the country’s retail sector.
Ocean Acidification Costs Could Reach Trillion Dollar Mark by Mid-Century
Marine ecosystem damage threatens global economy Ocean acidification caused by rising carbon dioxide absorption is on track to impose economic costs exceeding one trillion dollars by 2050 according to a comprehensive analysis released this week.
India and EU Seal Historic Free Trade Agreement Amid Global Tariff Tensions
Major economies forge closer ties as protectionism rises India and the European Union finalized a comprehensive free trade agreement on January 27, marking one of the largest economic partnerships in recent years.
Large U.S. Wheat Shipment Arrives at Chattogram Port, Ambassador’s Visit Aims to Strengthen Trade Ties
Chattogram, January 26, 2026—To further strengthen trade cooperation between Bangladesh and the United States, U.S. Ambassador to Bangladesh Brent T. Christensen visited Chattogram Port.
Trump Threatens 100% Tariffs on Canada Over Expanding Trade With China
U.S. President Donald Trump has warned that Canada could face tariffs of up to 100 percent on its exports to the United States if it deepens trade relations with China.
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