Economy

March 13, 2026

Tokyo (AFP) - Japan is hurting from the Iran war ahead of Prime Minister Sanae Takaichi's visit to Washington next...

EU vows to ‘respond firmly’ to any trade pact breach by US

by David Peterson

Brussels (Belgium) (AFP) - The EU executive on Thursday vowed to "respond firmly" to any violation of a key tariff...

WWII leader Churchill to be removed from UK banknotes

London (AFP) - World War II leader Winston Churchill is to be dropped from the UK £5 banknote in favour...

War creating ‘largest’ oil shock in history as Iran hits new Gulf targets

by Thomas Barnes

Tehran (AFP) - The Middle East war is creating the biggest oil supply shock in history, the International Energy Agency...

Australia to change fuel quality standards to boost supply

by Andrew Murphy

Sydney (AFP) - Australia will adjust fuel quality standards to allow higher sulfur levels for around two months in a...

Three crew ‘believed trapped’ aboard Thai ship attacked in Gulf: firm

by Thomas Barnes

Bangkok (AFP) - Three crew members believed to be trapped aboard a Thai bulk carrier hit by projectiles while travelling...

US takes first steps towards new global trade penalties

Washington (United States) (AFP) - The United States announced new investigations Wednesday into what it considers unfair trade practices by...

Iran says war could destroy global economy, Trump vows to ‘finish’ job

Tehran (AFP) - Iran warned it could wage a prolonged war with the United States and Israel that would "destroy"...

US, India still at odds with majority on WTO reform

by Emma Reilly

Geneva (AFP) - The United States and India still have reservations about a plan to overhaul the World Trade Organization,...

Strategic oil reserves, a crisis cushion