Risks to global inflation remain strongly on the upside, as the oil price shock may have longer-lasting and more persistent knock-on effects than initially expected, according to new analysis by Trust Economics. The report’s key finding is that the deflation of inflation in the coming years may prove much slower, particularly in advanced economies and …
Tag: Straits of Hormuz
USA: The real economy is collapsing, while the historic highs of the stock market show a false picture
President Trump’s panic about the unpleasant situation he faces and the risk of losing his position, comes from the real economy and specifically from the high cost of living with gasoline reaching $4.50 a gallon. The high cost of living for American citizens and the collapse in the polls forced President Trump to cancel Project …
Iran will finance its reconstruction by collecting part of the oil revenues of the Persian Gulf states
Following the April 8 ceasefire and Donald Trump’s state-sponsored withdrawal from Iran, it appears that the Iranians will be able to permanently impose a “transit fee” on all oil passing through the Strait of Hormuz. Bloomberg reported that the Islamic Republic intends to impose a $1 per barrel fee, payable in bitcoin, on every cargo …
The EU in Russia’s embrace for energy – Eurasia will unite
As Europe’s economies cannot withstand a wave of subsidies and aid, such as that during the Covid 19 pandemic, which amounted to approximately 1.2 trillion euros, due to the deterioration of the fiscal position of states threatened by over-indebtedness, the priority now is – as one will see below the lines of the International Monetary …
The Structural cost of the Yuan’s dominance in the Global monetary system prevents China from becoming a Global leader
Chinese President Xi Jinping’s ambition to turn the yuan into a global reserve currency, potentially displacing the dollar from its hegemonic position in the international monetary system, has been a hot topic of discussion in recent years. As The Liberal Globe, we have reported on the questioning of the dollar system both because of its …
A possible wave of hyperinflation could drown Western economies if the Strait of Hormuz is closed
A major disruption to global energy supplies as a result of the closure of the Strait of Hormuz could cause a sharp and sustained rise in oil prices, further fueling inflationary pressures already weighing on consumers and businesses. In more detail: Israel’s attack on Iran on Friday, June 12, 2025, has catapulted their long-running conflict …