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Manufacturing ISM Misses As Prices Surge Most Since April 2022, Employment Slides To Worst Print Of 2026
Manufacturing ISM Misses As Prices Surge Most Since April 2022, Employment Slides To Worst Print Of 2026
Amid the fog of war and fading 'hard' data, the final April S&P Global Manufacturing PMI printed 54.5, a small gain from the flash 54.0 print, and higher than the 52.3 February final print, although it came with a warning from Chris Williamson, Chief Business Economist at S&P Global Market Intelligence:
“The surge in manufacturing activity in April is not the cause for cheer that at first glance it suggests. A key driving force behind...
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Jun 6, 2026 / Tyler Durden
An Emerging Market Crisis In Oil-Poor Asia?
An Emerging Market Crisis In Oil-Poor Asia?
Authored by Satyajit Das via NewIndiaExpress,
Reliable availability of cheap energy is, as the Iran war highlights, essential to modern economies and societies, at least for the foreseeable future. Shocks divide the world into the oil haves and oil have-nots.
Alongside higher energy prices, shortages of petrochemical derived chemicals will affect agriculture, mining, plastics, textiles, semi-conductors and construction. Given that even if the conflict was to end with a lasting agreement it would take months or years for restoration of normality, the effects are likely...
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May 3, 2026 / Kyle Anzalone
US, Israel Reject Hamas Proposal to Disarm in Exchange for Palestinian Statehood
The US and Israel have rejected a peace proposal from Hamas that would see the Palestinian group disarm in the process of the creation of an independent Palestinian state. A senior Palestinian source speaking with Middle East Eye said that Hamas and other Palestinian factions sent the US and Israel the framework of an agreement […]
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Jul 28, 2026 / Alastair Crooke
The War’s Back is Broken
Trump ordered the US military not to carry out new strikes on Iran Friday night, despite approving earlier a “Gates of Hell massive attack” on Iran. The US has now requested a new temporary ceasefire with Iran and is seeking a return to the collapsed and suspended MoU, with discussions to include Yemen, and with Trump seeking to make […]
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