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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

War-induced interest rate shocks unlikely to upset Asia’s property markets

South China Morning Post – World · China

Last week, the energy shock caused by the war in Iran showed signs of becoming a full-blown financial and economic crisis. The attacks on energy infrastructure…

Geopolitics

From toys to toilet paper, prices set to rise amid Middle East war, experts say

South China Morning Post – World · China

The surge in oil prices caused by the Middle East conflict will drive up the cost of plastic products, construction materials and even household goods such as …

Geopolitics

Global investors pivot to ‘stability’ of China amid turmoil: Milken forum speakers

South China Morning Post – World · China

Global investors should take a fresh look at China, where rapid technological advancement is converging with declining geopolitical risk relative to other regi…

Geopolitics

Why the BTS Comeback Concert Was a ‘Disaster’ for Some Businesses

The New York Times – World · US

The turnout for the K-pop titans’ show was much lower than projected by officials, hitting the bottom line of some restaurants. Shares in the group’s managemen…

Geopolitics

7kg or 10kg switch in the offing? LPG dealers wary, consumers worried

Times of India – World · India

- **Loan Installment Calculator**: Estimates monthly loan payments based on principal, interest rate, and tenure. - **SIP & Investment Tools**: Calculates re…

Geopolitics

Bitcoin falls below $70,000 mark, Middle East conflict drags down cryptocurrencies

Times of India – World · India

The Middle East conflict is impacting global markets, causing a sell-off in cryptocurrencies and pushing Bitcoin below $70,000. Rapid liquidations and macroeco…

Geopolitics

Rupee nears 94-mark vs USD: Middle East tensions drag currency to new low, what's next?

Times of India – World · India

Middle East tensions are significantly impacting global financial markets, pushing the Indian Rupee to record lows near 94 against the US dollar. Analysts bel…

Geopolitics

HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry

The Guardian – World · Europe

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete pricesOne of HS2’s biggest contractors ha…

Geopolitics

Iran war energy crisis equal to 70s twin oil shocks and fallout from Ukraine war, says IEA chief

The Guardian – World · Europe

Fatih Birol says effect on energy markets of Iran bombings and closure of Hormuz strait not initially understood by world leadersMiddle East crisis live – late…

Geopolitics

Hong Kong to raise postage rates from April 13 amid surging oil prices

South China Morning Post – World · China

Hong Kong will raise its postage rates next month amid surging oil prices triggered by the conflict in the Middle East, with the cost of posting local letters …

Tech & Startups

Airlines Are Already Preparing for an Oil Crisis

Wired · Global

With the Iran war doubling oil prices, experts say the airline industry’s belt-tightening is an economic canary in the coal mine for the rest of the world.

Geopolitics

Hong Kong firms face profit squeeze as US importers cut orders amid oil crisis

South China Morning Post – World · China

US importers have cut orders and shifted to short-term contracts amid a global oil crisis triggered by war in the Middle East, according to Hong Kong business …

Geopolitics

Philippines will allow use of dirtier, cheaper fuel amid US-Iran war

South China Morning Post – World · China

The Philippines has allowed the temporary and ⁠limited use of ⁠a cheaper but dirtier type ⁠of fuel to ensure supply as it finds ways to cope with the impact of…

Geopolitics

As global yuan use expands, questions resurface about China’s world-leading forex reserves

South China Morning Post – World · China

A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange reserves – with a focus on US Treasurie…

Geopolitics

Potential rate cut pause, geopolitical tensions may cloud Hong Kong property recovery

South China Morning Post – World · China

Hongkonger Katie Chan was hoping to buy a flat to live in, and although the 37-year-old accountant was in no rush, the potential longer pause in interest rate …

Geopolitics

UK’s Starmer calls emergency meeting on economy as Iran war risks mount

South China Morning Post – World · China

British Prime Minister Keir Starmer is set to chair an emergency meeting ⁠on the economic fallout from the ⁠war in Iran on Monday, with Finance Minister Rachel…

Geopolitics

How China influencer achieves monthly sales of US$14 million by selling US$10 beauty products

South China Morning Post – World · China

An online influencer in China with three million followers who projects a filial piety persona has deleted her social media account in the wake of a pricing co…

Geopolitics

Malaysia’s fuel subsidy bill jumps to US$811 million amid Iran war

South China Morning Post – World · China

Malaysia’s fuel subsidy bill has surged more than fourfold in under a week due to the sharp spike in global oil prices triggered by the US-Israel war on Iran. …

Geopolitics

Asian stock markets plunge amid Trump’s ultimatum on Iran

Al Jazeera – News · Middle East

Key indexes in Japan, South Korea and Hong Kong tumble as Iran threatens attacks on energy infrastructure across region.

Geopolitics

Germany launches alliance to fairly recruit skilled workers

Deutsche Welle (DW) – World · Europe

Germany needs new talent for its labor market — and fresh ideas to ensure that foreign workers not only come, but also stay. New initiatives are now emerging t…

Geopolitics

Student debt eats away home deposit savings to tune of £2,000 a year, says Barclays

The Guardian – World · Europe

Repayments also affect financial stability of nearly half of graduates, according to report by UK bankPeople with student loans who are working towards a home …

Geopolitics

Starmer adviser urges ministers to look at profits cap for energy and petrol firms

The Guardian – World · Europe

PM’s ‘cost of living champion’ calls for consideration of temporary measure to prevent profiteering from Iran war The government’s top cost of living adviser h…

Geopolitics

As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull

The Guardian – World · Europe

Leveraging Australian gas exports to ensure we get oil in return is among the offbeat ideas we could be hearing more aboutGet our breaking news email, free app…

Geopolitics

Germany has a shortage of workers - so it's turning to India for help

BBC News – World · Europe

The European nation, struggling to find skilled staff, is giving jobs to young people from India.

General

Higher oil prices from war with Iran threaten global economy

NBC News – World · US

As the war with Iran continues to rage in the Middle East, the rising cost of oil is pushing up the price of gas and other major categories like groceries, alo…

Geopolitics

Tankers with US LPG & Russian oil arrive at New Mangalore Port

Times of India – World · India

Two vessels, the LPG tanker Pyxis Pioneer from the US and the Russian crude oil tanker Aqua Titan, arrived at New Mangalore Port on Sunday. The port, which boa…

Geopolitics

‘Upstairs’ moves downstairs: Hong Kong outlets head to street level as landlords cut rents

South China Morning Post – World · China

Retailers and restaurant operators in Hong Kong are rethinking how they use space as rents fall and demand weakens by moving back to street-level shops and exp…

Geopolitics

International capital flowing to China as investors seek certainty during Iranian conflict

South China Morning Post – World · China

Amid growing geopolitical turbulence, international capital is increasingly seeking certainty – which China offers – a leading Chinese government adviser highl…

Geopolitics

Gold slides as hawkish Fed and strong US dollar override geopolitical fears

South China Morning Post – World · China

Gold prices have continued to weaken despite escalating tensions in the US-Israel conflict with Iran, breaking from the metal’s traditional role as a geopoliti…

Geopolitics

Sky‑high losses: Iran war drives airlines to biggest crash since Covid – $50bn gone

Times of India – World · India

Global airlines face their worst financial crisis since COVID-19 due to the Iran conflict, wiping over $50 billion off major carriers' market value. Soaring je…

Geopolitics

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

The Guardian – World · Europe

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say expertsIn the days after the US and Israel f…

Geopolitics

Oil prices cross $100 — what lies ahead as the Middle East crisis intensifies?

Times of India – World · India

Middle East crisis fuels oil market volatility, with prices holding above $100 due to disrupted supplies and infrastructure damage. Experts warn of prolonged h…

Geopolitics

Sri Lanka raises fuel prices by 25% as war bites

The Hindu – World · India

Regular petrol was increased to 398 rupees ($1.30) per litre, up from 317 rupees, while diesel, the fuel commonly used for public transport, rose by 79 rupees …

Geopolitics

China to stockpile critical resources and strengthen energy security to avoid trade shocks

South China Morning Post – World · China

Beijing is prioritising “strategic material security” under its new 15th five-year plan that elevates the supply and domestic stockpiling of critical resources…

Geopolitics

Diesel price: Bulk diesel price hike rolled back for Gujarat fishermen, will be treated as special exception

Times of India – World · India

Gujarat fishermen will continue to receive subsidised diesel after the Centre rolled back a steep Rs 22.43 per litre price hike for bulk fuel. The state govern…

Geopolitics

Commercial LPG quota hiked, relief for eateries

Times of India – World · India

In a move to uplift the food and hospitality industry amidst ongoing challenges, the government has raised commercial LPG cylinder allocations by 20%, effectiv…

Geopolitics

F1 could be Hong Kong’s fast lane for economic reinvention

South China Morning Post – World · China

In October last year, Singapore’s three-day Formula One (F1) Grand Prix showcased the tremendous economic impact that world-class sporting events can bring to …

Geopolitics

EU urges members to start storing winter gas as Iran war causes price surge

Al Jazeera – News · Middle East

War, which saw Iran attack Qatar facility, has caused 'high, volatile' gas prices that could hit EU storage projections.

Geopolitics

Flying to cost more: Centre removes domestic fare caps as airline operating costs skyrocket

Times of India – World · India

- Calculate monthly loan installments for repayment planning. - Estimate SIP returns to track investment growth. - Determine PPF/FD maturity amounts and in…

Geopolitics

Bangladesh rushes to secure $2 billion loan amid energy crisis

The Hindu – World · India

Bangladesh — which imports 95% of its oil and gas needs — has not raised electricity and fuel prices despite the global surge

General

The Iran war has already hit your gas budget. Here's what it's coming for next.

NBC News – World · US

The U.S.-Iran war has begun cutting into discretionary spending, raising mortgage rates, battering stock markets and souring consumer sentiment.

Geopolitics

'Inflation coming': Rahul's warning over weak rupee; predicts when govt will hike fuel price

Times of India – World · India

Rahul Gandhi criticizes the central government over the rupee's record low. He warns of inevitable inflation due to the West Asia crisis impacting fuel prices.…

Geopolitics

'Not going to affect us’: India sees no major power supply risk from Middle East crisis

Times of India – World · India

India anticipates meeting peak summer electricity demand despite Middle East conflict, relying on coal, renewables, and battery storage. Power Secretary Pankaj…

Geopolitics

The door India left ajar: Economic ties with China see a calibrated reset

Times of India – World · India

Six years after locking foreign capital out of the door, India has opened it — just wide enough. The Cabinet's amendment to Press Note 3 clears the fog around …

Geopolitics

US interest in electric vehicles surges as gas prices jump amid Iran war

The Guardian – World · Europe

Online searches for electric and hybrid cars increase as war-linked fuel prices hit highest levels in nearly three yearsSign up for the Breaking News US email …

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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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