Global Economy

According to Goldman Sachs, only about 12% of family-owned businesses reach a third generation still under family control. François-Xavier de Mallmann, chairman of Goldman Sachs’ Investment Banking division, explained that the biggest threat to these companies is not usually legal documents but often optimism. The complexity of maintaining control increases over time as business growth causes diverging interests between the family and the company.

The IEA reports that oil demand is expected to fall by 1.6 million barrels per day in 2026. This predicted decline stems from high fuel prices and disruptions occurring in the Strait of Hormuz, factors which are currently squeezing the global economy.

The article highlights the risk of a 'digital iron curtain' disrupting global trade and progress due to geopolitical barriers. It suggests Europe could emerge as a trusted connector in this fragmented landscape.

Asia’s central banks are developing regulatory frameworks for AI in finance as the technology becomes a significant economic force. AI is transforming business decision-making, capital allocation, and financial systems, similar to past shifts from the internet and globalization.

Trump's threats to bomb Iran are criticized as likely to worsen the conflict by involving other Middle Eastern countries and harming the global economy. U.S. policymakers are urged to consider whether escalating military action would deepen the situation rather than resolve it.

Applications for US unemployment benefits fell to a nearly 60-year low, indicating a stable labor market. This development allows the Federal Reserve to focus on inflation as economic growth shows signs of picking up.

The world is experiencing its largest oil shock yet, but oil prices remain below levels that could trigger a global recession, according to economists.

NPR's A Martínez asks former U.S. deputy national security adviser Jon Finer about the impact of the Houthi rebels' blockade of the Red Sea on the global economy.

Base metals fluctuated at the end of the week as the threat of an escalating conflict in the Middle East — and more turbulence for the global economy — kept a lid on optimism.

Trump threatens Iran and Houthi rebels with 'major military punishment' after Yemen's Houthi rebels attacked Saudi oil tankers in the Red Sea, causing Brent crude prices to exceed $100 a barrel and raising concerns about regional conflict and global economic pressure.

Secretary of State Marco Rubio warned that Iran's demand to control the Strait of Hormuz threatens the global economy and freedom of navigation. The warning was given to ASEAN leaders.

The article discusses how improvements in oil intensity have cushioned the global economy from the Hormuz shock in oil markets, though this may lead to reckless political choices.

The International Energy Agency's Executive Director Fatih Birol warned that the global economy faces renewed challenges if the conflict blocking the Strait of Hormuz persists without resolution in the coming weeks.

Peace talks between Washington and Tehran are breaking down, which could continue to negatively affect the global economy. The article highlights the potential economic consequences of the failed ceasefire.

The Bank for International Settlements (BIS) warns that AI 'exuberance' could threaten the global economy. Additional news includes an Aramco helicopter crash at a Saudi port and Indian snack company Haldiram’s planning expansion into Europe.

The Bank for International Settlements (BIS) warns that excessive enthusiasm for AI could lead to a prolonged investment downturn, with weak returns potentially causing a funding retreat for tech companies and threatening the global economy.

IMF chief economist warns that 'tit-for-tat' trade warfare threatens the global economy, with Pierre-Olivier Gourinchas stating such tactics will be self-defeating. Gourinchas, who is leaving the fund, highlights risks from attempts to gain small advantages through trade conflicts.

Trump's Iran agreement is a central topic at the G7. A U.S.-Israel-led war in Iran has disrupted the global economy and harmed Trump's domestic reputation.

Trump's Iran agreement is a major topic at the G7, but the U.S.-Israel-led war in Iran has destabilized the global economy and harmed Trump's domestic reputation.

Goldman Sachs has lowered its oil-price target, citing that risks to oil price assumptions in a potential peace deal are two-sided. The report highlights the global economy's flexibility in adjusting to the largest oil production shock in history.

The end of the Iran war is expected to increase confidence in the resilience of the global economy and corporate earnings.

Tehran is losing the export battle, but its ability to disrupt the global economy remains significant. The article highlights the ongoing economic impact despite export challenges.

G7 leaders meet in France to address ongoing wars in Iran and Ukraine and discuss the global economy. The US has pledged to bring peace to Iran, prompting cautious optimism among other leaders.

The U.S. and Iran announced a deal to end the war and reopen the Strait of Hormuz, marking a major breakthrough in the conflict that impacted the Middle East and global economy. However, critical issues were left unresolved for further negotiations.

The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, with the signing scheduled for Friday in Switzerland. U.S. President Donald Trump ordered the stop to the US naval blockade.

President Donald Trump announced that the U.S. has reached a peace deal with Iran, ending hostilities that shut the Strait of Hormuz and sent the global economy into an oil shock.

The article outlines the potential impacts of a 'super' El Niño climate phenomenon on the planet, highlighting its role in exacerbating inequalities within the global economy.

Israel and Iran paused strikes after exchanging fire for the first time since a US-mediated ceasefire, with both nations warning of potential retaliation. The incident raised fears of a broader Middle East war, following two months of US-Israel strikes on Iran that have disrupted the global economy and energy markets.

The IVLP 2025 program is re-imagining trade, travel, and transatlantic insights, offering an immersive experience into forces shaping the modern global economy. The initiative went beyond a tour of American cities, focusing on economic and cultural exchanges.

Russian President Vladimir Putin criticizes Western sanctions, stating that developing countries now play a more significant role in the global economy while Western countries' output has decreased.

A new economic outlook from the OECD warns that prolonged energy supply disruptions due to the Iran war would severely impact the global economy, likely causing recessions and increased unemployment.

The 1989 crackdown reinforced a political order that made independent worker organizing nearly impossible. Its effects have been felt across the global economy.

Prolonged disruption of Middle East energy supplies into next year would severely impact the global economy, according to a report. The report highlights the potential for a major economic blow due to sustained energy supply interruptions.

The Hill is hosting its second annual Invest in America Summit in Washington, D.C., featuring leaders from Washington and Wall Street. The summit focuses on solutions-oriented discussions about the future of the domestic and global economy amid a shifting political landscape.

The OECD warns that a prolonged Iran conflict could lead to a global economic slump. A billboard in Tehran mentions the closure of the Strait of Hormuz.

The article highlights a sudden disruption in aluminum supply chains, causing significant ripple effects across global industries and markets. Key concerns include rising production costs and potential delays in manufacturing sectors reliant on aluminum.

The article discusses how the US is pursuing a long-term, non-confrontational strategy to reshape the global economy in favor of US power, using Sun Tzu's principles of subduing the enemy without direct conflict. It highlights the focus on energy dominance against China as part of this approach.

The article explores the origins of the dollar currency, highlighting its historical development and adoption in regions outside the United States before becoming a global standard. It challenges the common perception that the dollar's history is exclusively tied to U.S. economic policies.

The article highlights the potential resurgence of Somali pirates as a new threat to the shipping industry, coinciding with existing concerns over the Strait of Hormuz crisis. This dual challenge could destabilize maritime trade in the region.

The U.S. is nearing an agreement to end the conflict with Iran, but Tehran's ability to block the Strait of Hormuz and destabilize the global economy has strengthened domestic hard-liners, framing the deal as a political failure for Trump.