Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

World Bank – war to be worse than entire pandemic

Published

on

The World Bank believes Ukraine’s economy is set to shrink by almost half this year due to Russia’s invasion

The COVID-19 crisis caused profound disruptions in the global economy, hitting almost every single country in the world.

The World Bank believes Russia’s invasion will cause more economic damage across eastern Europe and parts of Asia than the coronavirus pandemic.

The conflict in Ukraine has shut half of the country’s businesses and slashed exports

It said the closure of Black Sea shipping from Ukraine had cut off some 90 per cent of the country’s grain exports and half of its total exports.

So the country, already in crisis mode needs “massive financial support immediately” – this is according to the world bank’s VP.

Ukraine is the world’s biggest exporter of sunflower oil and the shutdown of exports has affected global food prices, surging at the fastest pace ever seen,

In fact the U.N says world food costs climbed to fresh record in March, contributing to the global inflation and hunger crisis.

I might add too though, the food price rally is felt most in poor countries where groceries make up a large share of consumer budgets.

So the fallout from Russia’s invasion has sent costs of basic foods like bread soaring

Unfortunately this is all alarming news, elevating the humanitarian crisis unleashed by the war.

Will it get worse? Well that depends how long the conflict continues but considering recovery efforts are still ongoing for covid 3 years on, the worst is yet to come from an economic standpoint

Continue Reading

News

Trump’s shock Iran strike sparks global oil fears

Trump’s unexpected strikes on Iran’s nuclear sites unleash global concerns over oil prices and Strait of Hormuz security.

Published

on

Trump’s unexpected strikes on Iran’s nuclear sites unleash global concerns over oil prices and Strait of Hormuz security.


President Trump’s surprise strikes on Iran’s nuclear sites are sending shockwaves across the globe, with leaders weighing the fallout.

From rising oil prices to fears Iran could shut the Strait of Hormuz, the world is bracing for what comes next.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Trump #Iran #NuclearStrike #MiddleEastCrisis #OilPrices #StraitOfHormuz #Geopolitics #USForeignPolicy

Continue Reading

News

Treasurer Jim Chalmers blasts red tape in push for productivity boost

Treasurer Jim Chalmers urges reduction of excessive regulations hindering housing reform and clean energy, calling for a productivity revival in Australia.

Published

on

Treasurer Jim Chalmers urges reduction of excessive regulations hindering housing reform and clean energy, calling for a productivity revival in Australia.


Treasurer Jim Chalmers says it’s time to stop progressive red tape from strangling good ideas like housing reform and clean energy.

He’s demanding regulators cut back on excessive rules slowing growth and innovation across the economy. Chalmers is calling it a “wake-up call” for the left — and launching a major push to revive Australia’s productivity from the supply side.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#JimChalmers #RedTape #AustralianPolitics #CleanEnergy #HousingCrisis #EconomicGrowth #Productivity #RegulationReform

Continue Reading

News

Iran responds as oil shock looms for West

U.S. airstrikes on Iran escalate tensions in the Middle East, prompting fears of disruptions in global oil markets as diplomacy efforts continue.

Published

on

U.S. airstrikes on Iran escalate tensions in the Middle East, prompting fears of disruptions in global oil markets as diplomacy efforts continue.


The world is reacting to fresh U.S. airstrikes on Iran’s nuclear facilities, as tensions escalate across the Middle East. With fears Iran could block the Strait of Hormuz — a vital oil shipping route — global markets brace for major disruption.

Vice President JD Vance says Iran’s uranium remains untouched, as Washington calls for renewed diplomacy. Meanwhile, Israel claims progress in countering Iran’s missile and nuclear programs, as Tel Aviv shows public support for U.S. action.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Iran #USStrikes #MiddleEastCrisis #StraitOfHormuz #OilPrices #Trump #Israel #TickerNews

Continue Reading

Trending Now