Despite this year’s US/Israeli-Iran war causing the largest-ever disruption to global oil supplies, the shocks of the 1970s had a greater impact. Because oil has been used as a weapon for so long, markets, policymakers, and strategists have adapted.
Time: 10am to 1pm | Location: Bank of England, Threadneedle Street, London, EC2R 8AH and MS teams Minutes Item 1 – Introduction The Chair opened the meeting, setting out the aim of the meeting: to agree which animals should be recommended to be included on a shortlist which the public would be asked to choose…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 16, 2026 Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank For release at 11:00 a.m. EDT The Federal Reserve Board…
24 June 2026 Icelandic króna will be fifth currency available for settling instant payments through TARGET services ECB and Seðlabanki Íslands agreement will take effect as of 2028 The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow…
en English Human Development Jul 10, 2026 Peter Singer If fairness in sports required a level playing field that all who wish to compete could afford, that would be a reason for banning expensive performance-enhancing drugs. But it would be a…
Maritime transport remains the backbone of global trade, yet the port and shipping network that carries it has been transformed by containerization and related technological advances. Drawing on newly available granular data—digitized historical shipping records, georeferenced ship movements, and shipment-level routing information—we present five stylized facts on the structure and evolution of the maritime network….
Fix this rule that blocks genuine equalization reform beng Tue, 07/14/2026 – 09:00 EST. READ TIME 3 MIN. Canada’s equalization program is heading for its comprehensive mandatory review by March 2029, and Finance Canada is already making preparations. Officials should not treat the review as a routine exercise. Big changes should be on the table….
NEW YORK—The Persian Gulf is in an unstable disequilibrium. There has been no lasting deal to reopen the Strait of Hormuz, because the United States and Iran remain far apart in their demands, with the Iranians holding more leverage than President Donald Trump ahead of the US midterm elections this November. In the absence of a full deal, renewed skirmishing was highly likely, reflected in the growing risk of a return to full-blown warfare.