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

Oil rises, stocks fall as Trump fails to ease fears about war economy – The Boston Globe

Gasoline prices have topped $4 a gallon since the start of fighting in the Middle East.

Comments: Oil prices rose after Trump’s speech, with Brent rising to $110 a barrel after briefly falling to $99 on Wednesday on hopes that he will soon make a deal with Iran. Stocks fell overnight in Asia and Europe, and opened higher in early trading in New York on Thursday. Stocks later rallied and ended … Read more

Energy markets begin to adjust to Trump after repeated Iran war whiplash | CNN Politics

President Donald Trump leaves after speaking about the war with Iran from the Cross Hall of the White House on Wednesday.

President Donald Trump has repeatedly sought to dampen rising oil prices by telling investors what they’ve been dying to hear: The war with Iran is over. But after hearing that message for weeks, the war continues and with no plans to reopen the Strait of Hormuz, they continue to repair her. Almost two weeks after … Read more

How the Iran war adds to the US economy is shaped like K by the high price of gas | Good luck

How the Iran war adds to the US economy is shaped like K by the high price of gas | Good luck

The conflict in the Middle East has caused oil prices in the United States to rise to their highest level in four years. It’s bad news for everyone, but the domestic effects of the war are likely to be irreparably damaging, and in the process destroy one of the great engines of economic growth. Iran’s … Read more

What to expect from the March jobs report – even if the war could hit hiring | CNN Business

Cargo ships sail in the Arabian Gulf towards the Strait of Hormuz in the United Arab Emirates, on March 19.

The March jobs report, due out on Friday morning, could provide a much-needed reality check after two months of turmoil in the US labor market. But even if a baseline can be reached, and there is clarity about the health of the labor market, it’s a whole new ball game now. The conflict in the … Read more

Exclusive: Vietnam aims to rally battered stock with stabilization fund and promoters, documents show

Francesco Guarascio

Proposals have been made by the police department to counter the influence of Iran’s war Commercial curbs and media management are also recommended, the document shows The Prime Minister’s Office ordered officials to act on the recommendations, the documents show The measures are aimed at maintaining the improvement of the FTSE Russell stock market and … Read more

Iran’s war powers have yet to be fully realized Brookings

Iran's war powers have yet to be fully realized Brookings

The United States and Israel launched their attacks on Iran last month. As a result of Iran’s retaliatory actions, the world oil market has a supply shortage greater than the oil crises of 1973 and 1979 combined. The full panic hasn’t been felt in the United States, even as US gasoline prices hit $4 a … Read more

Gas, heating, food & fertilizer | Looking at the cost of the Iran war

Gas, heating, food & fertilizer | Looking at the cost of the Iran war

The Iran war is causing economic problems, raising oil prices and food prices. WASHINGTON – President Donald Trump is set to deliver the first speech Wednesday night on the Iran war. The president’s first term speech will provide an update on America’s progress toward its goals in Iran, according to a White House official. Trump’s … Read more

Gas, heating, food & fertilizer | Looking at the cost of the Iran war

Gas, heating, food & fertilizer | Looking at the cost of the Iran war

The Iran war is causing economic problems, raising oil prices and food prices. WASHINGTON – President Donald Trump is set to deliver the first speech Wednesday night on the Iran war. The president’s first term speech will provide an update on America’s progress toward its goals in Iran, according to a White House official. Trump’s … Read more

War and inflation hit Iran’s workers

Iran's currency is rising even further as consumer prices rise

Sources familiar with the matter told Iran International that the UAE authorities have arrested many money-changers linked to financial institutions linked to Iran’s Revolutionary Guards, shutting down related companies and closing their offices. The split follows days of heightened regional tensions and comes after other measures targeting Iranian citizens, including the cancellation of visas and … Read more