Qatar's Government Revenue Plunges 42% In First Half As Iran War Knocks Out Gas Exports

French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1 “We remain vigilant, without giving in to being alarmist,” said French Finance Minister Roland Lescure on social media after the Gallic nation saw its economy unexpectedly shrink at the start of the year. French gross domestic product fell 0.1% in the three months through March, the first quarterly contraction since the COVID pandemic, raising concerns over its resilience to the fallout from the Iran war. Statistics office INSEE had initially reported zero growth for the quarter, but a sharper decline in consumer spending than expected...

Bolivia's Energy Crisis Deepens As Natural Gas Reserves Run Dry Authored by Felicity Bradstock via OilPrice, Bolivia's dwindling natural gas reserves and declining exports have undermined its economy and intensified fuel shortages. Rising global energy prices and subsidy cuts have increased living costs and fueled widespread protests. A $1.9 billion IMF rescue package and energy-sector reforms aim to stabilize the economy, but long-term recovery requires diversification. Years of underinvestment in Bolivia's gas industry have left the South American country facing a severe fuel shortage, as energy prices rise ever higher owing to the ongoing...

President Donald Trump posted a poll that found over 60% of Americans support the Memorandum of Understanding signed between the US and Iran last month. Last week. Trump said he “couldn’t care less” that Iran terminated the MOU.  When asked by Big Data Poll if they support the MOU with Iran, 62% of likely American […]