Three weeks of relentless US and Israeli airstrikes have gutted Iran’s military. Its supreme leader is dead, its air force crippled, and its navy largely destroyed. Yet Tehran’s defiance shows no sign of fading. Over the weekend, Iranian forces fired a volley of missiles toward Israel, striking near a nuclear…
European shares fell sharply on Monday, with the pan-European STOXX 600 dropping 2.31% as investors reacted to escalating tensions between the United States and Iran, now entering a fourth week.The latest decline leaves the index down around 10% from its recent closing high, putting it on track to enter technical…
Brent crude oil price held steady on Monday as the Iran war continued. It jumped to $112, up by 91% from its lowest level this year. It is hovering near the year-to-date high of $119.50, and analysts at Goldman Sachs believe it has more upside to go in the coming…
The FTSE 100 Index futures continued the recent downtrend, reaching its lowest level since January 5 this year. It dropped to £9,800 on Monday, down by 10% from its highest point this year, officially entering a correction. Top reasons why the FTSE 100 Index is falling There are two primary reasons why…
Air Canada stock price has retreated in the past few weeks, mirroring the performance of other airlines, which have tumbled as the Iran war started. AC dropped to $17.35 on Friday, down by about 20% from its highest point this year.Other airline stocks have also dropped, with the closely-watched US…
A growing share of Gen-Z (defined as those born between 1997 and 2012) is stepping away from work and education at the same time that debt burdens are rising and wages are struggling to keep up with living costs.Across major economies, millions of young people are now classified as NEETs, meaning…
It’s only March, and investors have already absorbed a hot war in the Middle East, a credit system showing cracks, a brutal tech repricing, and two of the world’s most trusted safe-haven assets selling off in the middle of a crisis. The market feels chaotic because it genuinely is, and…
It’s only March, and investors have already absorbed a hot war in the Middle East, a credit system showing cracks, a brutal tech repricing, and two of the world’s most trusted safe-haven assets selling off in the middle of a crisis. The market feels chaotic because it genuinely is, and…
UK household energy bills are set to rise sharply from July as wholesale gas prices surge in the wake of the Iran war, with the typical annual bill nearing £2,000.Ofgem will announce the summer price cap on 27 May, with current estimates pointing to a steep increase driven by volatile…
Wall Street opened lower on Friday as the escalating conflict involving Iran approached its fourth week, unsettling energy markets and forcing investors to reassess expectations for interest-rate cuts by the Federal Reserve.Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all opened lower. Dow Jones Industrial Average was down 0.23%…