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Oil price tops $126 a barrel

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 · 17h
Inflation hits 3% in Europe as Iran war spreads oil price shock
Soaring oil prices from the Iran war pushed inflation higher in Europe in April, as growth continued to underperform in a worrying combination both for consumers and policymakers at the European Centr...

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 · 2d
Iran war oil shock risks food shortages, warns World Bank
 · 1d
Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
 · 1d
Oil prices hit four-year high as interest rate decision looms
Oil prices have surged to their highest level since the start of the Iran war, hours before the Bank of England is due to announce its next decision on interest rates.

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 · 1d
Oil price hits highest since 2022 after report Trump to be briefed on new Iran options
 · 5h
Trump Vows to Maintain Pressure on Iran Through Naval Blockade
 · 1d
Soaring oil prices ease and markets rise as Big Tech sends mixed signals
Alphabet jumped 7.4 per cent overnight after Google’s parent company delivered another quarter of stellar growth driven by its investment in artificial intelligence.

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 · 7h
Iran activates air defences as Trump faces congressional deadline
 · 6h
Donald Trump Says Iran Blockade Incredible' as Oil Prices Keep Rising
2don MSN

World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war

By Andrea Shalal WASHINGTON, April 28 (Reuters) - Energy prices are expected to surge by 24% in 2026 to their highest level since Russia’s full-scale invasion of Ukraine four years ago, if the most acute disruptions caused by the war in the Middle East end in May,
2d

World Bank Sees Commodity Prices Hitting Four-Year High in 2026

Global commodity prices are set to increase this year to the highest since 2022 as the war in Iran continues to disrupt key industrial supplies like oil and metals, the World Bank Group said.
1don MSN

World Bank: Energy shock impact will be felt globally

Higher energy prices are hitting economies across the globe. CNBC's Steve Sedgwick speaks to World Bank Deputy Chief Economist Ayhan Kose about the impact, and whether the U.S. is actually insulated.
The Economist
8d

Has the World Bank performed a U-turn on industrial policy?

S INCE 1980 the World Bank and the IMF have stuck to a plan. When countries on the brink of financial collapse come to them, the institutions extend fresh loans and coax creditors to take haircuts in return for liberal reforms.
1d

Kenya eyes $600M in World Bank emergency funds

The East African nation is particularly vulnerable given it imports the vast majority of its fuels from the Gulf.
2don MSN

World Bank objects to Uganda bill to regulate purported foreign agents

By Elias Biryabarema KAMPALA, April 28 (Reuters) - The World Bank has told Uganda's government that proposed legislation to regulate people and organisations that receive foreign funding will hinder its work in the country,
The Economist
3d

The World Bank defends its controversial report on industrial policy

That happened 30 years ago, when the World Bank answered an ancient policy question—should a government ever load the dice in favour of a “strategic” activity?—with a weakly qualified no. And it is happening now,
18d

Some DC streets close this week for IMF and World Bank spring meetings

Global finance leaders are in Downtown D.C. for the IMF and World Bank spring meetings, and that means road closures and parking restrictions.
The Business Standard
2d

A Bangladeshi generates more waste than an Indian; third highest in South Asia: World Bank

Bangladesh generates more municipal solid waste per capita than India and ranks third highest in South Asia, according to the World Bank. The findings were published in the World Bank's "What a Waste 3.
13don MSN

World Bank launches new strategy to help small states tackle challenges

By Andrea Shalal WASHINGTON, April 17 (Reuters) - The World Bank on Friday unveiled a new strategy aimed at helping small island states and other small countries better address unique challenges such as remoteness,
Iowa Starting Line
1d

Luther College student goes to World Bank with big ideas on helping small farmers

Can access to technology help small farmers in Iowa make money? This Luther College student says it can–and he told world financial leaders to prioritize it this month.
1don MSN

Bank of England sits tight on interest rates like US and Japan as Iran war upends the global economy

The Bank of England kept its main interest rate on hold at 3.75% Thursday as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes.
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