Iran’s Basij chief declares control over Strait of Hormuz
Iran's paramilitary Basij chief has declared the Strait of Hormuz under Iranian control, a statement that has pushed market-implied odds...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Russian Black Sea blockade traps Ukraine’s grain harvest
A Russian campaign of strikes on Ukraine's Black Sea ports has nearly halted grain exports just as the wheat harvest...
Ukrainian Strike Halts Grain Terminal Operations at Russia’s Novorossiysk Port
A Ukrainian drone and missile strike on Novorossiysk has knocked out operations at two of Russia's largest Black Sea grain...
China enforces retroactive 20% tax on offshore wealth, hitting Hong Kong markets
China's tax authorities are enforcing a retroactive 20% income tax on offshore trusts, Hong Kong-listed shares, and overseas insurance policies...
US public debt interest hits record $1.37 trillion, may surpass Social Security
Interest payments on US public debt have reached a record $1.37 trillion over the past year, and could overtake Social...
