U.S. oil output to decline in 2025, challenging energy dominance narrative
U.S. crude oil production is expected to fall in late 2025 and into 2026, marking the first annual drop since the pandemic. Lower rig counts, weaker prices, rising
Maritime trade bodies warn of citizens being caught in Iranian crossfire
Oliver Dean | 12th March 2026 | International, Trade Associations
As the Iranian conflict continues, maritime trade bodies have warned of the significant loss of human life thus far.
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Jamie Dimon targets corporate meeting culture at JPMorgan
JPMorgan CEO Jamie Dimon has criticised internal meetings as hubs of inefficiency and political manoeuvring. Speaking at a financial conference, he called for sharper, outcome-driven practices, urging staff
FTSE 100 closes near record high amid mining gains and weak pound
The FTSE 100 ended Tuesday at 8,254.18, narrowly missing its all-time closing high. Mining stocks and a weaker pound lifted the index, while cautious investor sentiment and upcoming
Tesla loses $150 billion as Trump–Musk clash rattles markets
Tesla shares fell 14.2 per cent after Elon Musk criticised Donald Trump’s fiscal policies, prompting threats to cut subsidies. The political fallout erased $150 billion in market value
OECD Cuts Global Growth Forecast as Trade Tensions Rise
The OECD has lowered its global GDP forecast to 2.9% for both 2025 and 2026, citing U.S. tariffs and weakening investment. Growth estimates for the U.S., UK, and
South Korea cuts rates as election turmoil escalates
The Bank of Korea has reduced its key interest rate to 2.5% amid slowing growth and global trade pressures. The move comes days before a contentious presidential election,
Musk drops out of Trumpworld as fiscal tensions boil over
Elon Musk has stepped down from his advisory role in the Trump administration after criticising a major tax and spending bill. His departure ends a 130-day tenure focused
Poland faces fiscal strain amid deep political divisions
Poland’s public deficit hit 6.6% of GDP in 2024, driven by defence and social spending. Rising debt, polarised politics, and stalled reforms have raised concerns among ratings agencies
Trump mulls new sanctions after Russia launches massive Ukraine strike
President Donald Trump is weighing fresh sanctions on Russia following its largest aerial assault on Ukraine since the war began. The strikes killed 12 civilians and derailed peace
Tariffs Threaten Spanish Hat Exports to US Orthodox Market
Spanish hatmaker Fernández y Roche faces a 10 per cent US import tariff, jeopardising its 40-year trade with Orthodox Jewish communities. With a 50 per cent duty possible
