Colombian Air Force C-130 Cargo Plane Carrying 110 Soldiers Crashes: Report

IMF Warns Iran War Will Slow Global Growth, Raise Inflation, And Worsen Food Insecurity Submitted by OilPrice.com Severe fuel shortages, hunger, and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave “scarring effects” on the global economy.   In a speech by Kristalina Georgieva, the IMF’s managing director, global policymakers were warned that trade disruption across the Middle East over the last month would lead to lower growth and higher inflation. IMF Başkanı Kristalina Georgieva, İran savaşının küresel...

March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops We titled our nonfarm payroll preview post "a substantial bounce" and boy were we right: with consensus expecting a material rebound from February's negative print (which was revised as usual worse, from -92K to -133K), what the BLS reported instead was a huge beat to expectations of a 65K increase, with March jobs reportedly rising by 178K, the biggest increase since December 2024. The number was driven entirely by a surge in private workers...

Putin Issues Some Frank Thoughts On 'Unpredictable' Iran War Russian President Vladimir Putin on Thursday delivered some rare, wide-ranging and frank commentary on the US-Israeli war against Iran. He compared the war and the Hormuz Strait closure, and subsequent impact on global energy, to the massive widescale impact of the Covid-19 pandemic. But he also stated that outcomes to the war are at this point too hard to predict. via ZUMA press The conflict, Putin explained, is now resulting in significant damage to international logistics, production and supply chains while putting intense pressure...