GLOBAL ECONOMY & MARKETS

Global Economy & Markets

Europe tops global arms imports
Europe has become the world’s largest arms importer as countries ramp up purchases to support Ukraine in its defence against Russia. With the US taking the lead, the top five arms suppliers accounted for 70% of global arms exports.
Europe tops global arms imports
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Oil prices surge as Middle East war rages, stocks fall on US jobs
Fears rise that prolonged high energy prices could fuel global inflation and limit central banks’ ability to cut interest rates.
Oil prices surge as Middle East war rages, stocks fall on US jobs
QatarEnergy declares force majeure after LNG production halt
State-owned energy giant said it informed affected buyers after suspending LNG and related product output, pledging to provide further updates as the situation develops.
QatarEnergy declares force majeure after LNG production halt
France plans G7 finance meeting on Middle East crisis
The war in the Middle East has led to a sharp fall in stock markets, particularly in Europe and Asia.
France plans G7 finance meeting on Middle East crisis
Oil jumps 10 percent on Iran crisis and could spike to $100 a barrel, analysts say
Brent crude has surged 10 percent to around $80 a barrel after US and Israeli strikes on Iran, with analysts warning prices could spike towards $100 if disruptions persist.
Oil jumps 10 percent on Iran crisis and could spike to $100 a barrel, analysts say
US, Japan announce first tranche of $550B in investments
Japan will invest $36 billion in US energy and industrial projects as the first step in its $550 billion trade deal with Washington.
US, Japan announce first tranche of $550B in investments