global economy
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Economy
OPEC Sees Global Oil Demand Rising Through 2050
DID Press: Global oil demand is expected to continue increasing through 2050, despite the expansion of renewable energy, according to OPEC’s 2025 World Oil Outlook, which projects a markedly different trajectory from forecasts by the International Energy Agency (IEA). OPEC…
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Economy
Dollar Dominance Faces Growing Challenge From US Policies
DID Press: A new analysis by the US-based Foreign Policy magazine argues that the biggest threat to the global dominance of the dollar is not China, but Washington’s own financial and foreign policies, as the widespread use of sanctions and…
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Economy
Brent Oil Surpasses $86 Amid Supply Fears and Rising Geopolitical Tensions
DID Press: The price of Brent crude oil has climbed above $86 per barrel for the first time since June 12, as growing concerns over global supply disruptions and escalating geopolitical tensions push energy markets into renewed uncertainty. Brent crude,…
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Economy
Netherlands Warns of Hunger and Migration Risks Amid US-Iran Conflict
DID Press: Netherlands has expressed concern over the renewed tensions between the United States and Iran, warning that prolonged conflict could worsen global food shortages and trigger a new wave of migration. The Dutch Minister for Foreign Trade and Development…
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Economy
China Sanctions 56 US Companies in New Trade and Security Escalation
DID Press: Government of China has imposed new restrictions on 56 companies from the United States, marking a fresh escalation in ongoing trade and security tensions between the two global powers. According to China’s Ministry of Commerce, the measures are…
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Economy
74% of Central Banks Expect Decline in Dollar Share of Global Reserves
DID Press: A new international survey of reserve managers indicates that around 74% of central banks expect the US dollar’s share in global foreign exchange reserves to decline over the next five years, reflecting a broader shift in global financial…
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Economy
Why US Light Oil Cannot Replace Middle East Crude
DID Press: Energy experts say U.S. light crude oil cannot replace heavier Middle Eastern crude due to structural and chemical limitations that restrict its ability to meet global demand for refined fuels. According to leading analysts, including petroleum geologist Art…
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Economy
Argentina Records Highest Inflation Among G20 Economies, China Lowest
DID Press: Argentina has posted the highest inflation rate among G20 economies in 2026, highlighting continued price pressures across several major emerging markets, while China recorded the lowest inflation rate in the group. According to the latest figures, Argentina registered…
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Economy
Iran War Drives $60B Cost Burden on US Consumers
DID Press: A new report by Middle East magazine says the economic consequences of the war involving the United States, Israel, and Iran have placed significant financial pressure on American consumers, with energy-related costs accounting for tens of billions of…
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Economy
WEF Survey Warns of Global Recession and Inflation Risks
DID Press: A new survey by the World Economic Forum shows that leading global economists are increasingly pessimistic about the outlook for the world economy, warning of weaker growth and persistent inflation amid rising geopolitical tensions. According to the report,…
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