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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

Iran conflict: Fruit, vegetable exporters stare at uncertain times

Times of India – World · India

Hit By Higher Freight, Longer Sail Times | Fear Wastage, Plan To Offload Stocks At Discounts

Geopolitics

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

The Guardian – World · Europe

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertaintyUnemployment in the UK is set to peak this y…

Geopolitics

Russia says India hints ‘renewed interest’ in more crude imports amid Iran crisis

Times of India – World · India

Russia reports India's renewed interest in larger crude oil imports amid Strait of Hormuz disruptions. Moscow sees this as a chance to reduce discounts to Asia…

Geopolitics

‘Ships now fear crossing the Strait of Hormuz’

Al Jazeera – News · Middle East

“Ships are now afraid to cross the Strait of Hormuz, and that has profound implications for the global economy.”

Geopolitics

UK borrowing costs jump again on fears Iran conflict will curb growth

The Guardian – World · Europe

Investors fear rising oil and gas costs will stoke inflation and delay cuts in interest ratesUK borrowing costs jumped for a second day on Tuesday as the poten…

Geopolitics

Global sell-off in stocks slams Wall Street as oil prices leap even higher on war woes

South China Morning Post – World · China

A worldwide sell-off for stocks is slamming onto Wall Street on Tuesday, and oil prices are leaping even higher as worries rise that the war with Iran is widen…

Geopolitics

Iran attacks on Gulf oil and gas sites trigger energy fears

Deutsche Welle (DW) – World · Europe

Iranian attacks on regional refineries and gas plants, and oil tankers are increasing global energy supply fears, risking major economic fallouts from Asia to …

Geopolitics

Spring forecast: Reeves insists Labour has ‘right economic plan’ as 2026 growth downgraded

The Guardian – World · Europe

Unemployment predicted to continue rising to 5.3% as chancellor says she is meeting energy firms amid soaring oil and gas pricesBusiness live – latest updatesR…

Geopolitics

​​World's two richest men who were hit most by stock market bloodbath triggered by Anthropic's new AI models

Times of India – World · India

Anthropic's AI tools triggered a stock market dip, impacting tech giants. While most billionaires saw their fortunes fluctuate, Elon Musk experienced a remarka…

Geopolitics

HSBC chairman floats ‘IPO connect’ for Hong Kong, Shenzhen ahead of China’s ‘two sessions’

South China Morning Post – World · China

Beijing should create a “connect” scheme for initial public offerings (IPOs) in the Greater Bay Area to allow mainland Chinese and Hong Kong investors to buy i…

Geopolitics

Maritime insurers cancel war risk cover in Gulf: Will it spike energy cost?

Al Jazeera – News · Middle East

Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was 'closed'.

General

Oil surges, stocks plunge as fears of prolonged Iran war hit markets

NBC News – World · US

Stock futures plunged and energy prices soared Tuesday as fears spread through global markets that the Iran war may bring prolonged disruption

Geopolitics

Global Markets Tumble as Iran War Intensifies

The New York Times – World · US

Stocks and bonds slumped as investors retrenched from the uncertain and unpredictable effects that the fighting could have on the world economy.

Geopolitics

India or China? As Middle East erupts, who can survive crude supply shock longer

Times of India – World · India

India is the world’s fastest growing major economy and a fast-growing consumer of oil. Its vulnerability to supply shocks stems from the relatively small reser…

Geopolitics

'Energy supplies robust', says govt amid Middle East crisis, control rooms set up

Times of India – World · India

India possesses ample energy reserves to navigate current Middle East tensions, assured Petroleum Minister Hardeep Puri. He highlighted the nation's commitment…

Geopolitics

UK grocery inflation in surprise rise as experts warn of worse to come

The Guardian – World · Europe

Extended war in Middle East could cause ‘substantial spike’ in inflation and ‘sharp drop in output’ in eurozone and UK, ECB official saysBusiness live – latest…

Geopolitics

Spring forecast: Reeves to insist she has ‘right economic plan’; Markets plunge as Middle East crisis drives UK gas price to three-year high – live updates

The Guardian – World · Europe

Rolling coverage of the latest economic and financial news, including the UK’s spring forecastRachel Reeves’s plans could be hit by Middle East conflict, say e…

Geopolitics

Oil and gas prices rise on new Iran threat to Gulf shipping

BBC News – World · Europe

Iranian official threatens to "set fire" to any ships passing through the crucial Strait of Hormuz.

Geopolitics

Gulf travel update: Dubai, UAE, Bahrain and Qatar see some flights resume amid Iran war

Times of India – World · India

Airlines are cautiously resuming limited flights to the Middle East to evacuate thousands stranded by escalating Gulf conflict. Following US-Iran strikes and r…

Geopolitics

Rs 11 lakh crore wiped out! How US-Israel-Iran war is hitting stock market investors hard

Times of India – World · India

The Sensex plunged by more than 1,000 points, slipping below the 81,000 mark for the first time in over a month. The Nifty 50 also dropped sharply, losing upwa…

Geopolitics

Europe counts the cost as Iran war disrupts energy shipments

South China Morning Post – World · China

Europe woke to a fresh surge in energy prices on Monday as the escalating war in the Middle East disrupted oil shipments and natural gas production in one of t…

Geopolitics

Asia’s stock markets plunge amid US-Israeli conflict with Iran

Al Jazeera – News · Middle East

Asian stocks rack up steep losses after Wall Street shrugs off risks of widening conflict.

Geopolitics

Rachel Reeves’s plans could be hit by Middle East conflict, say economists

The Guardian – World · Europe

Warning comes as OBR projections in the spring forecast are expected to show public finances moving in the right directionSoaring global energy prices as a res…

Geopolitics

Global Economy Is Facing the Prospect of Another Profound Shock

The New York Times – World · US

A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.

Geopolitics

China's economic ambitions hit limits to growth as its National Congress meets

The Hindu – World · India

The focus on what the ruling Communist Party has dubbed “high quality development” is bound to continue under the five-year plan for 2026-2030 that lawmakers a…

Geopolitics

Oil rises as expanding U.S.-Israeli conflict with Iran elevates supply risks

The Hindu – World · India

Concerns about transiting the waterway increased after Iranian media reported on Monday ​(March 2, 2026) that a senior Iranian Revolutionary Guards official sa…

Geopolitics

Shutdown of Hormuz Strait raises fears of soaring oil prices

Al Jazeera – News · Middle East

Consumers are set to pay higher prices, but US producers could benefit, analysts say.

Geopolitics

Under Pressure from Trump, Cuban Leader Calls for ‘Urgent’ Economic Change

The New York Times – World · US

President Miguel Díaz-Canel said the private sector needed more autonomy, as the island confronts a U.S. oil blockade that has deepened a humanitarian crisis.

Geopolitics

Gold hits Rs 1.66 lakh, silver gains Rs 20,000 — should you buy on dips?

Times of India – World · India

Gold and silver prices surged on Monday due to escalating Middle East geopolitical tensions, with gold reaching Rs 1.66 lakh per 10 grams and silver Rs 2.86 la…

Startups

The cost of women’s unpaid labour; Amazon’s fee reductions for merchants

Your Story · India

Women’s time is important in a nation’s development story, and we must start valuing and investing in it. Amazon India has announced a series of fee reductions…

Geopolitics

Can China’s roaring trade engine power the yuan’s challenge to the US dollar?

South China Morning Post – World · China

In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political advisory body – high-level policymakers have reitera…

Geopolitics

Investors lock onto NPC as markets seek policy lift amid AI jitters

South China Morning Post – World · China

Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the sixth entry in a series examining the co…

Geopolitics

Hong Kong’s strategy for HKIC to prop up city’s office market seen as challenging

South China Morning Post – World · China

Hong Kong’s government-backed investment fund is being redeployed to support the city’s sluggish commercial property sector, signaling authorities’ growing wil…

Geopolitics

Tourism, once New Zealand’s top overseas earner, lags behind dairy post-pandemic

South China Morning Post – World · China

New Zealand’s tourism industry still needs to do more if it is to regain its title as the nation’s biggest earner of overseas revenue. While foreign visitor sp…

General

Iran-U.S. war chokes key shipping lane and threatens global cargo industry

NBC News – World · US

The war in Iran is choking off a key shipping route in the global supply chain, potentially leading to massive delays in the flow of goods to American consumers

Geopolitics

Russia remains largest supplier of crude to India in February, Saudi Arabia close second

Times of India – World · India

Saudi Arabia significantly boosted crude oil supplies to India in February, nearly matching Russia's top position. This surge, the highest in six years, reflec…

Geopolitics

West Asia conflict: Govt may ask companies to cut exports, increase auto fuel, LPG supplies

Times of India – World · India

- Atul Mathur is a Senior Assistant Editor at The Times of India with 27+ years in journalism, specializing in governance, public policy, and politics. - Kno…

Tech & Startups

War in Iran Spiked Oil Prices. Trump Will Decide How High They Go

Wired · Global

The conflict in the Middle East is driving oil prices up in a midterm year when Americans are already focused on high energy bills.

Geopolitics

Why QatarEnergy’s LNG production halt could shake up global gas markets

Al Jazeera – News · Middle East

Qatar supplies 20 percent of the world's LNG. If that's off the table, countries must scramble for the remaining gas.

Geopolitics

Will petrol, diesel rates be hiked in India as crude nears $80 mark on Middle East tensions?

Times of India – World · India

Pump prices for petrol and diesel have remained unchanged since April 2022. Domestic fuel prices have stayed steady even when global fuel rates climbed due to …

Geopolitics

Asia’s oil dependence leaves it exposed after US-Israel strikes on Iran: Morgan Stanley

South China Morning Post – World · China

Asian countries are heavily reliant on imported oil and gas and could suffer serious economic fallout after the United States and Israel launched strikes on Ir…

Geopolitics

Gas prices soar as QatarEnergy halts LNG production after Iran attacks

Al Jazeera – News · Middle East

This comes after Saudi Arabia announced the temporary closure of one of its largest oil facilities following drone attacks.

Geopolitics

Middle East crisis pushes up oil prices – and could drive inflation rises too

The Guardian – World · Europe

Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growthBusiness live – latest updatesUS-Israel war on…

Geopolitics

What disrupting the strait of Hormuz could mean for global cost-of-living pressures

The Guardian – World · Europe

The narrow shipping route on Iran’s southern border carries one fifth of global seaborne crude oil, one fifth of LNG shipments and one third of the most widely…

Geopolitics

Men almost twice as likely as women to earn high salaries in ‘reality check’ on Australia’s gender pay gap

The Guardian – World · Europe

Workplace Gender Equality Agency report shows a slight increase in number of women in highly paid roles, which are still dominated by menGet our breaking news …

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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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