International
China’s economy grew faster than expected in the first quarter of 2026, showing resilience despite the wider impact of the Iran war on global trade and energy markets. Official data showed the economy expanded 5.0% year on year in the January to March period, beating market expectations and improving from the previous quarter. China GDP […]
International
The economic damage from the U.S.-Iran war is already being absorbed across global markets, according to IMF Managing Director Kristalina Georgieva, who said the shock is effectively “baked” into the economy. Her remarks come as conflict in West Asia continues to disrupt energy infrastructure, shipping flows and investor confidence, even as markets keep searching for […]
International
Pakistan is set to repay a $2 billion loan to the United Arab Emirates this month after Abu Dhabi sought its return, adding fresh pressure on Islamabad’s already fragile external finances. The move is expected to weigh on Pakistan’s foreign exchange reserves at a time when the country remains heavily dependent on external support and […]
International
Pakistan is set to repay a $2 billion loan to the United Arab Emirates this month after Abu Dhabi sought its return, adding fresh pressure on Islamabad’s already fragile external finances. The move is expected to weigh on Pakistan’s foreign exchange reserves at a time when the country remains heavily dependent on external support and […]
International
Australian Prime Minister Anthony Albanese has warned that the economic fallout from the Middle East conflict will continue to weigh on the country for months, as Australia grapples with sharp fuel price increases and growing pressure on households and businesses. In a rare national address, he said the government could not fully shield the country […]
International
The World Bank has said it is moving quickly to support countries facing economic disruption caused by the conflict in West Asia, as rising energy costs, trade disruption and pressure on public finances begin to affect economies across the region and beyond. World Bank Support For Affected Countries The institution said it would use its […]
International
The head of the International Energy Agency has warned that the global economy is facing a major threat as the current energy shock combines elements of past oil crises with fresh gas market disruption. Speaking in Canberra, IEA Executive Director Fatih Birol said the ongoing conflict has created one of the most serious energy emergencies […]
National
The Centre has proposed a new economic stabilisation fund of Rs 57,381 crore to help India respond to global economic pressures, supply chain disruptions and other external shocks. Finance Minister Nirmala Sitharaman said the move is aimed at giving the government fiscal flexibility at a time when global uncertainty, including the West Asia conflict, is […]