Colombia’s first left-wing gov’t has reduced poverty, but has pile of debt
A big challenge for Colombia’s next president will be how to reduce country’s debt without sacrificing social gains.
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With food benefit cuts looming in the US, Californians eye billionaire tax
US gov’t cuts to food stamps will hit thousands of Californians. The state is set to vote on billionaire tax to make up.
‘A year of resistance’: Cuba’s private sector faces Trump’s oil blockade
US oil blockade on Cuba is a significant blow to small family firms struggling with power outages and fuel shortages.
Protests in Bolivia escalate amid economic turmoil and policy demands
Clashes erupt in La Paz as workers protest against rising fuel prices and damaged vehicles caused by subsidy cuts.
Africa sees winners and losers as Iran war pushes up energy prices
Several African countries have sought financial help due to economic uncertainty caused by the war on Iran.
EXPLAINER
US plans to hike tariffs on EU cars to 25% will hit luxury market the most
US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.
Iran warns US to stay out of Hormuz after Trump says US will ‘guide’ ships
President Trump says the US will begin ‘Project Freedom’ on Monday to guide stranded ships through Strait of Hormuz.
From: NewsFeed
Millions of jobs lost as Iranians battle ‘Operation Economic Fury’
A fragile ceasefire may have paused the US-Israeli war on Iran, but the economic cost is crippling life in Tehran.
Published On 3 May 2026
Prices surge, jobs disappear as war strains Iran’s economy
New Supreme Leader Mojtaba Khamenei says the country must defeat its enemies in an economic and cultural struggle, as we
EDITOR'S ANALYSIS
US likely to benefit as UAE shifts oil strategy away from OPEC, experts say
UAE wants to supply more oil than its OPEC quota and that could help push down prices once the Strait of Hormuz opens.
Rallies under way as workers gather for International Labour Day
Labour Day marches are being held as Iran war and rising energy prices threaten the global economy.
