Economy
Bigger fines are only part of Australia’s new consumer-protection push
Australia is strengthening consumer protections with higher fines, direct enforcement and proposed changes to how telecom companies sell and cancel services.
Iran economy faces 25% deeper contraction amid soaring inflation, major employment crisis
Finance Ministry prepares plan to prevent increase in deficit, fund defense, for next government
The economic impact of Israel’s expanding technology industry
Israeli food prices surged 19% over four years, TAU study shows
Chocolate prices rose by nearly 78%, burekas jumped by 47.5%, and coffee climbed by 26.1%, according to research tracking 80 popular supermarket products over eight years.
Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
The US-Israeli-led war with Iran, now in its eighth month, and the inflation and hardship it has caused will dominate the agenda and sideline conversations during the annual meeting.
The new architecture of power: Why sustainability is the ultimate entrepreneurial frontier
As energy security, climate change, and technology reshape the global economy, sustainability is emerging as a powerful frontier for entrepreneurs and future leaders.
Israel’s election must address children without family support - opinion
Israel must strengthen its welfare system and ensure children without family support have the care and guidance they need to thrive.
Netanyahu, Smotrich intervene to cut gas prices again after Israel reaches record high
The order reducing the fuel excise tax, which Smotrich signed on Sunday, lowered the price of a liter of gasoline from NIS 8.27 to NIS 7.77.
China-Syria trade rises by hundreds of millions of dollars as China launches industrial investments
The value of Syrian imports from China reached approximately $669.9 million during the first six months of 2026, exceeding in just half a year the total value of Chinese exports to Syria in 2025.
Could environmental cooperation help pave the way for a more stable Gaza? - opinion
EcoPeace’s proposed Peace Triangle seeks to connect Gaza’s rehabilitation with water, energy, economic, and security cooperation.
Iranians stagger under soaring cost of living after seven months of war with the US
How far economic strain may push Iran towards diplomatic compromise is unclear, as it tightens its own stranglehold on Gulf energy exports through the Strait of Hormuz, driving up oil and gas prices.
OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices
The organization, which published its latest economic outlook under the title “Navigating Successive Shocks,” also lowered Turkey’s 2027 growth forecast to 3.6%.
OECD expects AI boom to help offset Middle East energy shock for now
In the OECD's baseline outlook, inflation in G20 economies was seen at 4.1% in 2026, up from 4.0% forecast in June.
