economy
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Why did the IMF lower its growth forecast for the Spanish economy?
Learn about the reasons behind the IMF's downward revision of Spain's economic growth forecast, and the impact of geopolitical tensions, the housing crisis, and weak exports on the future…
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How did the closure of the Strait of Hormuz cause the worst energy crisis in history?
The closure of the Strait of Hormuz has prevented the passage of 20% of the world's oil and liquefied natural gas since the United States and Israel began…
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Causes and consequences of the 30% jump in gasoline prices in America
Learn about the reasons behind the 30% jump in US gasoline prices, bringing them close to $4 a gallon, and the impact of geopolitical tensions in the Middle East…
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Historic energy crisis: Gulf oil resumption will take 6 months
Fatih Birol warned of the most severe energy crisis in history, asserting that restoring Gulf oil and gas supplies would take six months after the disruption…
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Salaries in Syria increased by 50%, and the Syrian economy grew by 35%
Details of Syrian President Ahmed al-Sharaa's economic package include a 50% salary increase, achieving 35% economic growth, and a plan…
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Russia tells the European Union: Halting gas imports harms your interests... We will turn to new markets
The Kremlin announced today that the European Union is harming its own interests by sticking to a plan to halt imports of Russian liquefied natural gas by the end of…
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Why did the International Energy Agency suggest avoiding flying and returning to working from home?
The International Energy Agency, which this month approved the release of a record amount of oil from its strategic reserves to counter the effects of the war…
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The IMF warns: Energy price hikes are fueling global inflation
The International Monetary Fund announced that it is closely monitoring developments in the Iranian war and the resulting disruptions to energy production…
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America is pumping oil from its strategic reserve to calm prices
Learn about the details of America's decision to release oil from its strategic reserves to contain prices, the impact of tensions with Iran, and Japan's support for the markets in…
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The threat of war jeopardizes 28 million flights in the Middle East
An Oxford Economics report reveals that the risk of war threatens 28 million flights in the Middle East, with Europe and Turkey also affected and changes occurring…
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