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BESSENT: AIM IS TO PREVENT REBUILDING OF IRAN MILITARY CAPACITY

2026-03-16

BESSENT: AIM IS TO PREVENT REBUILDING OF IRAN MILITARY CAPACITY

Other News
2026-03-16

CHINA'S LI: BOTH SIDES AGREE STABLE TRADE RELATIONS IN INTERERSTS OF BOTH COUNTRIES

CHINA'S LI: BOTH SIDES AGREE STABLE TRADE RELATIONS IN INTERERSTS OF BOTH COUNTRIES
2026-03-16

Central banks meeting this week will assess how the Iran war could affect inflation, while analysts at Goldman Sachs say the shock is far narrower than the post-Covid surge because it is largely concentrated in energy. They estimate higher oil prices

Central banks meeting this week will assess how the Iran war could affect inflation, while analysts at Goldman Sachs say the shock is far narrower than the post-Covid surge because it is largely concentrated in energy. They estimate higher oil prices could reduce global GDP by about 0.3% and raise headlines inflation by roughly 0.5 percentage points over the next year. Disruptions around the Strait of Hormuz may also impact chemicals and metals, but current prices indicate only a 0.1 percentage-point increase in global inflation. Goldman notes the Middle East accounts for just 1% of global non-energy exports, far below the more than 20% of global trade disrupted by pandemic shutdowns in Asia.
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