Geopolitics
Sri Lanka braces for new economic crisis as war on Iran continues
Al Jazeera – News · Middle East
For many Sri Lankans, the fuel shortage triggered by the war carries echoes of the 2022 economic crisis - with a twist.
Current Affairs
Latest insights & stories from around the world
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Stay updated with educational news, policy shifts, and global developments from reputable RSS sources — filtered by category, region, and topic.
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Domain: Economics: Understanding Economic Systems
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Current affairs articles
Geopolitics
To keep fuel prices stable, govt hikes ATF duty, cuts excise on petrol, diesel
Times of India – World · India
Amidst the Middle East conflict impacting global oil supplies, India has implemented measures to ensure domestic fuel availability. The government has imposed …
Geopolitics
Hong Kong home prices surge to near 2-year high, but Iran war clouds outlook
South China Morning Post – World · China
Hong Kong’s lived-in home prices rose 1.6 per cent in February, marking the 11th straight month of positive movement for the residential property segment, as t…
Geopolitics
Hong Kong must look beyond mainland China talent to stay global, experts say
South China Morning Post – World · China
Hong Kong’s heavy reliance on hiring workers from mainland China could lead to a “downgrade” of its status as an international hub, experts said, after data sh…
Geopolitics
Rupee hits record low past Rs 94 per US dollar amid Iran war
Times of India – World · India
Rupee hit a fresh record low of 94.1550 against the US dollar on Friday, extending its losing streak amid persistent foreign institutional investor outflows an…
Geopolitics
Govt cuts excise duty to Rs 3 a litre on petrol, to nil on diesel amid Middle East tensions
Times of India – World · India
India has reduced its fuel duty, lowering the special additional excise duty on petrol to Rs 3 per litre and removing it entirely on diesel. This move comes am…
Startups
Why working longer isn't working anymore
Your Story · India
People today want something different from their careers. A paycheck matters, of course, but it no longer stands alone. Workers want well-being, flexibility, a…
Geopolitics
Greater Bay Area trails peers in basic research despite strong tech potential: Deloitte
South China Morning Post – World · China
The Guangdong-Hong Kong-Macau Greater Bay Area (GBA) is lagging behind China’s national average in basic research, despite showing strong potential in sectors …
Geopolitics
Japan’s cherry blossom parties could wilt as inflation strains wallets
South China Morning Post – World · China
Japan’s cherry trees are in full bloom, heralding the arrival of spring and the beginning of hanami picnics filled with food, festivities and fun. But stubborn…
Geopolitics
Should Hong Kong be using ‘war chest’ firepower for Northern Metropolis?
South China Morning Post – World · China
In the summer of 1998, the usually placid air at the Hong Kong Monetary Authority’s headquarters in Citibank Tower suddenly evaporated as regional currencies c…
Geopolitics
Manila’s streets empty as fuel prices surge amid Strait of Hormuz crisis
Al Jazeera – News · Middle East
Empty streets expose another crisis as Filipinos battle soaring oil prices, dwindling incomes, and a stagnating economy.
General
U.S. stocks suffer biggest loss since the war with Iran started
NBC News – World · US
U.S. stocks suffered their biggest loss since the war with Iran started, fueled by rising oil prices and fears over when the war will end. NBC News’ Monica Alb…
Geopolitics
Fewer flights, no fare caps: Domestic airfares set to soar
Times of India – World · India
Domestic air travel is poised for a significant price increase this summer, mirroring international flight costs. A 12% reduction in weekly domestic flights, c…
Geopolitics
US markets see biggest slump since start of US-Israel war on Iran
The Guardian – World · Europe
Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territorySign up for the Breaking News US email to get newsletter ale…
Geopolitics
Rachel Reeves urged to raise taxes on companies profiting from war on Iran
The Guardian – World · Europe
Charities say taxes should rise for banks, defence and energy companies which stand to make windfall profitsMiddle East crisis liveRachel Reeves is being urged…
Geopolitics
Betting on Everything
The New York Times – World · US
Prediction market platforms like Polymarket and Kalshi go way beyond sports and politics. We take a closer look.
Geopolitics
China threatens Mexico with trade reprisals over 50% import duties
South China Morning Post – World · China
China warned Mexico on Thursday it could impose retaliatory measures after concluding a formal investigation into tariffs Mexico imposed on more than 1,400 cat…
Geopolitics
WTO says world experiencing worst trade disruption in 80 years
Al Jazeera – News · Middle East
WTO chief Ngozi Okonjo-Iweala says the global trade order has ‘irrevocably changed’.
Geopolitics
Australian petrol stations report 25% surge in demand as governments plan for ‘biggest energy crisis in history’
The Guardian – World · Europe
Rationing is not under consideration yet as hundreds of retailers report being without one or more types of fuelGet our breaking news email, free app or daily …
Geopolitics
US-Iran war impact: India’s crude imports from Russia near all-time high
Times of India – World · India
The inflows of Russian crude oil have risen sharply since the US-Iran war began and imports via the Strait of Hormuz were disrupted. In fact, crude imports fro…
AI / Deep Tech
Are high gas prices good news for EVs? It’s complicated.
MIT Technology Review · Global
I live in a dense city with plentiful public transportation options and limited parking, so I don’t own a car. I’m often utterly clueless about the current pri…
Geopolitics
‘Demand shock’: China cannot escape the impact of a long Iran war, analyst warns
South China Morning Post – World · China
While China appears better prepared than other countries to deal with the shocks brought by the US-Israel war on Iran, its economy would still come under press…
Geopolitics
As oil-shocked world turns to renewables, China will reap the rewards
South China Morning Post – World · China
The Iran war’s oil shock has dramatically increased the security risk for oil-dependent countries, incentivising a turn towards renewable energy. This impact w…
Geopolitics
Trump stays popular in Philippines despite Iran war fuel crisis
South China Morning Post – World · China
Even as the Philippines thrashes through the throes of an energy crisis born of the Iran war, Filipinos themselves largely appear uninterested in blaming the m…
Geopolitics
Oil prices could hit $120 as war risks escalate, analyst warns
Al Jazeera – News · Middle East
“We think oil prices will continue to stay elevated.”
Geopolitics
Germany warns of world economic ‘catastrophe’; OECD cuts UK growth forecast
Al Jazeera – News · Middle East
European powers and bodies warn of economic collapse as the war on Iran nears one-month mark.
Geopolitics
Octopus reports sharp rise in solar panel sales since start of Iran war
The Guardian – World · Europe
Firm’s sales up 54% this month and Good Energy reports doubling of interest in solar after latest oil price shockSolar panel sales have risen sharply since the…
Geopolitics
Australian growth forecasts slashed as global economy faces inflation spike
The Guardian – World · Europe
OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflationGet our breaking news email, fr…
General
Stocks fall as oil prices surge again amid doubts over potential U.S.-Iran talks
NBC News – World · US
U.S. stocks and bonds sold off and oil prices continued rising Thursday morning, as optimism faded about possible U.S.-Iran peace talks or a ceasefire.
Geopolitics
Nayara Energy hikes petrol prices by Rs 5, diesel by Rs 3 amid Middle East crisis
Times of India – World · India
Nayara Energy has increased petrol and diesel prices. This move comes as global oil prices climb due to the Middle East crisis. Other fuel retailers are taking…
Geopolitics
Oil prices rise higher as Iran denies US talks, dimming deescalation hopes
Al Jazeera – News · Middle East
Brent crude tops $104 a barrel as hopes fade for deescalation in US-Israel war on Iran.
Geopolitics
Auction clearance rate slumps to 57% nationwide as interest rate hikes prompt Australians to sell
The Guardian – World · Europe
Homebuyers lose confidence amid higher rates and Iran war-linked price rises across the economy, buyers agent saysFollow our Australia news live blog for lates…
Geopolitics
Malaysia moves to tighten rules for expats, raising fears of talent flight
Al Jazeera – News · Middle East
Malaysia's government plans to slash the number of foreign workers to encourage local hiring and raise incomes.
Geopolitics
Oil beyond $100: Crude climbs amid US-Iran tensions, fresh Hormuz curbs fears linger
Times of India – World · India
Oil prices rebounded past $100 as markets reassess Middle East conflict developments. Iran's mixed signals on US peace proposals, coupled with Trump's tougher …
Geopolitics
India buys first LPG cargo from Iran in years, tanker was initially bound for China
Times of India – World · India
The LPG shipment will be distributed among three state-run fuel retailers: Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum…
Geopolitics
Iran war could boost China’s ‘petroyuan’ and weaken US dollar dominance, analysts say
South China Morning Post – World · China
The US-Israeli war in Iran could weaken the US dollar’s historic dominance in the oil-rich Middle East and bolster a “petroyuan” alternative backed by China’s …
Geopolitics
US Postal Service to introduce 8% fuel surcharge on packages
The Guardian – World · Europe
Surcharge, spurred by oil price spikes due to the Iran war, is set to take effect on 26 April and run until January 2027The US Postal Service (USPS) plans to i…
Geopolitics
Andrew Hastie open to 25% tax on gas profits and says multinationals have ‘had a really good run’ on Australian wealth
The Guardian – World · Europe
Exclusive: Speaking with the Australian Politics podcast, the Liberal frontbencher says a sovereign wealth fund would set Australians up for generations to com…
Geopolitics
Asia Is Getting Crushed Between Oil Prices and the Dollar
The New York Times – World · US
From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.
Geopolitics
Expat workers asked to return, Delhi-Dubai airfares see sharp rise
Times of India – World · India
- West Asian cities, including Dubai, resume normal operations amid ongoing war. - This shift impacts India's regional dynamics and security concerns. - Th…
Geopolitics
Petrol stations put up 'no stock' boards as pumps run dry
Times of India – World · India
- Govts and oil companies assured sufficient petrol, diesel, and LPG stocks, yet public scramble highlights supply concerns. - Petrol, diesel, and domestic L…
Geopolitics
Iran, Nigeria, and Africa’s oil dependency
Al Jazeera – News · Middle East
Could this be the moment Africa breaks its dependency on foreign energy?
Geopolitics
British Airways plans bonus for pilots for cutting fuel use: Report
Times of India – World · India
British Airways is set to reward pilots with bonuses up to 1% of their salary for cutting carbon emissions. Pilots must collectively reduce CO2 by 60,000 tonn…
Geopolitics
US-Iran war: Why India is facing an LPG crisis — explained in charts
Times of India – World · India
India grapples with a severe cooking gas shortage, driven by Middle East conflict-induced import disruptions. Long queues and panic buying plague cities as sup…
Geopolitics
China still on track to supplant US as world’s No 1 economy in 10 years: academic
South China Morning Post – World · China
China is still on course to overtake the United States as the world’s largest economy in the next decade, as the global balance of power pivots towards Asia an…
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At Shalyam, our Current Affairs section curates headlines and brief excerpts from publicly available RSS feeds of reputed publications. Each item links back to the original source for full reading, ensuring that the rights of the respective publishers are respected under the Indian Copyright Act, 1957.
We do not reproduce full articles; instead, we provide short snippets for reference along with our own commentary, insights, and fact-based analysis. All copyrights remain with the original publishers, and proper attribution is maintained for every article displayed.
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