Global Economy News

Global Economy

Indian-American economist Gita Gopinath is the former Chief Economist of the IMF and currently serves as a Professor of Economics at Harvard.

China Hit Harder Than US by West Asia War: Gita Gopinath Warns of Global Economic Risks

Ashish kumar

The ongoing West Asia conflict has sent shockwaves through global energy markets but contrary to popular belief, it is...

Donald Trump, Pakistan's Shehbaz Sharif and Asim Munir

US-Iran Peace Talks in Limbo: JD Vance Pakistan Trip Paused Amid Ceasefire Crisis

Thefoxdaily News Desk

The fragile diplomatic bridge between the United States and Iran is once again under strain. Just as high-stakes negotiations...

US seized Iran ship.

Hormuz Blockade Escalates: US Turns Back 27 Ships, Seizes Vessel in Major Maritime Crackdown

Ashish kumar

Introduction: A Strategic Waterway Under Tight ControlThe Strait of Hormuz has long been a pressure point in global geopolitics....

Rajasthan HPCL oil Refinery

Global Refinery Fires 2026: Coincidence or Pattern Amid Iran Conflict and Energy Crisis?

Ashish kumar

Introduction: A String of Fires That’s Hard to IgnoreWhen a major oil refinery catches fire just days before its...

Donald Trump

Trump Threatens Iran Amid Strait of Hormuz Crisis: Oil Prices, War Risks, and Global Impact

Thefoxdaily News Desk

Tensions between the United States and Iran have sharply intensified once again, as former US President Donald Trump issued...

India's economic shift in 2026

Why India Became the 6th Largest Economy in 2026: GDP Revision, Rupee Impact Explained

Ashish kumar

India’s fall to the 6th largest economy in the world in 2026 has sparked widespread debate, confusion, and even...

Elon Musk

Elon Musk on Universal Basic Income: Why “Free Money” May Be Key in an AI-Driven Future

Ashish kumar

What happens when machines do most of the work and humans are left without Jobs? According to Elon Musk,...

Plane

Jet Fuel Shortage Crisis: Iran War Threatens Flights Across Europe in Weeks

Thefoxdaily News Desk

Europe could face a severe jet Fuel Shortage within the next six weeks due to ongoing disruptions caused by...

Starmer was candid about the impact on everyday life in Britain.

UK Rejects Trump’s Hormuz Blockade, Exposes Growing NATO Rift Over Iran Crisis

Ashish kumar

London/Washington: The United Kingdom has publicly distanced itself from the United States’ planned naval blockade in the Strait of...

Iran

No Gulf Port Will Be Safe: Iran Warns of Wider Conflict as US Hormuz Blockade Begins

Thefoxdaily News Desk

Tehran/Washington: Iran has issued one of its strongest warnings yet, declaring that no port in the persian gulf or...

Iran asks people to rally at power plants, form human chains as Trump deadline nears

Iran Calls for Human Chains at Power Plants as Trump Deadline Escalates Tensions

Thefoxdaily News Desk

Iran has called on its citizens to form human chains around power plants across the country on April 7,...

US President Donald Trump

Trump Warns Iran of ‘Big Price’ After Ceasefire Rejection Amid Rising US-Iran Tensions

Thefoxdaily News Desk

The geopolitical tension between the United States and Iran escalated sharply after US President Donald Trump issued a strong...

Strait of Hormuz

Iran’s Choke Point Warfare Explained: How Hormuz Blockade Is Shaking Global Oil and US Strategy

Thefoxdaily News Desk

Iran’s blockade of the Strait of Hormuz has emerged as one of the most consequential developments in the ongoing...

The Treasury Secretary also ruled out any possibility of raising taxes to pay for the war

US-Iran Conflict: Treasury Secretary Says America Has ‘Plenty of Money’ to Sustain War Effort

Ashish kumar

As the conflict involving Iran shows no signs of ending soon, the financial cost of prolonged military operations has...

Trump

Iran War Analysis: Shaiel Ben-Ephraim Criticizes Trump’s Strategy Amid Strait of Hormuz Crisis

Ashish kumar

The ongoing Israel-US-Iran conflict has entered a phase few policymakers in Washington had anticipated. Even fewer are willing to...

Crude oil prices surge due to the Gulf War. Why the world is tense

Crude Oil Prices Surge Amid Gulf War Tensions: Why the World Economy Is on Edge

Thefoxdaily News Desk

Modern warfare often involves drones, cyberattacks, Artificial Intelligence, and sophisticated defense systems. Yet one of the most powerful tools...

Shashi Tharoor’s son likens Trump’s world view to a ‘mafia boss’

Fareed Zakaria on How India Should Handle Trump 2.0 and ‘Economy Manager’ Modi

Thefoxdaily News Desk

Amid renewed uncertainty surrounding a potential second Donald Trump presidency and fresh tariff threats from Washington, geopolitical analyst Fareed...