UK economy faces recession if Strait of Hormuz remains closed, EY warns
Forecasters at accounting giant EY say that the UK economy is likely to shrink in 2027 if the Strait of Hormuz is not reopened before the middle of next year.…
Tracking the World, One Axis at a Time
Forecasters at accounting giant EY say that the UK economy is likely to shrink in 2027 if the Strait of Hormuz is not reopened before the middle of next year.…
Georgia’s authorities maintain contacts with the American side and are optimistic about the restoration of strategic partnership with the United States, Georgian Prime Minister Irakli Kobakhidze said. – “We remain…
An Iranian lawmaker said on Sunday that mediators were seeking to revive a deal that briefly halted the war between Iran and the United States in June. – Hassan Ghashghavi,…
U.S. President Donald Trump said talks with Iran will happen on Monday but declined to set a deadline for an agreement after earlier saying he had called off an imminent…
Iran will not give its permission to opening the Strait of Hormuz while the reports claiming that Tehran has accepted a proposal by Qatari mediators to resume the waterway’s operation…
Saudi Crown Prince Mohammed bin Salman and US President Donald Trump have discussed developments in the region and their regional and international implications in a phone call, the Saudi Press…
The Washington administration is seeking to play a constructive role in resolving the conflict in Ukraine and intends to take a number of steps in the coming weeks to assess…
The president said he agreed to requests from Iran and other Middle Eastern countries to cancel the attack, claiming the parameters of a deal have been agreed to. – President…
Iran warned this weekend against any “adventurous action” by the U.S. and said it would retaliate decisively if American forces follow through on President Donald Trump’s threats of fresh attacks…
The Pentagon has requested $18.2 billion to replenish interceptor missile stocks, Bloomberg reported. – According to the news outlet, the funding is part of a $67 billion emergency spending request…