Iran war exposes weakness of US ‘no-hire’ economy

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ORLANDO, Florida, April 2 (Reuters) – US job growth is slowing to a halt. If this was tolerable to policymakers or acceptable to investors before the Iran war, it should not be now. The labor market has been struggling for some time, but this has been overshadowed by the unemployment rate, which has come down, … Read more

Trump says the US has too much jet fuel for Europe, the market disagrees

Two lines showing monthly US jet production and demand.

US jet fuel supplies are well short of the Hormuz supply gap The US is a major consumer of jet fuel and often requires imports Higher imports could raise US jet fuel prices NEW YORK, April 1 (Reuters) – President Donald Trump this week told countries that are struggling to get jet fuel because of … Read more

South Korea’s chip boom powers export growth to four decades

South Korea's chip boom powers export growth to four decades

Item 1 of 4 Trucks transport containers at the Uiwang ICD Terminal in Uiwang, South Korea, March 13, 2026. REUTERS/Kim Hong-Ji/File Photo [1/4]Trucks transport containers at the Uiwang ICD Terminal, Uiwang, South Korea, March 13, 2026. REUTERS/Kim Hong-Ji/File Photo Purchase Licensing Rightsopens a new tab Imports rise 48.3% y/y, against 44.9% forecast Increase in semiconductor … Read more

The EU may revive energy crisis measures in 2022 in response to the Iran war

The Iran war has raised the price of jet fuel and diesel in Europe more than crude oil

The EU prepares measures to respond to rising energy prices Considering renewing the crisis response​​​​​​from 2022, which included the price of gas EU tells members to prepare for ‘long-term disruption’ in energy markets Jet fuel, diesel provides a large shock in a short period of time BRUSSELS, March 31 (Reuters) – The European Union is … Read more