PODCAST: Why This Recession is Different

Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks The Middle East conflict has triggered what the International Energy Agency earlier described as the largest oil supply disruption in global oil market history, as Iran continues to strike energy infrastructure across the Gulf. Against that deteriorating backdrop, Goldman analysts laid out how the shock is rippling through the global economy, disrupting oil flows, air travel, and freight markets. Analysts led by Patrick Creuset said oil and transport markets have taken the hardest hit from the near-freeze in...

The last Israeli invasion of Lebanon “ended” in November 2024 with a ceasefire, and since that ceasefire went into effect, Israel has launched over a thousand attacks on Lebanese territory. Those strikes are continuing to grow in intensity in recent months, and this weekend alone, major attacks killed a dozen people in Lebanon and wounded […]

An aide to Israeli Prime Minister Benjamin Netanyahu said on Monday that Israel will give Hamas a 60-day deadline to disarm, and if it doesn’t, Israel will restart its full-scale bombing campaign in Gaza. Israeli Cabinet Secretary Yossi Fuchs said at a conference in Jerusalem that it was unclear when the 60-day deadline would begin, […]