News
TRT World - Developed economies flag prolonged market disruption from Middle East conflict
2+ hour, 34+ min ago (181+ words) Finance ministers from more than 10 countries have said that the Middle East conflict would continue to weigh on global growth, inflation and financial markets even if it was durably resolved. "Renewed hostilities, a widening of the conflict or continued disruption…...
TRT World - US inflation jumps, highest since May 2024, as effects of Iran war show in prices
4+ day, 22+ hour ago (412+ words) As the Iran war drives energy costs higher, hitting households, pressure appears to be building on Trump as he pushes for peace talks. This is the highest 12-month inflation rate of Trump's second term in office. The last time the…...
TRT World - Oil surges, stocks slide as Houthi attacks escalate Middle East war
2+ week, 2+ day ago (299+ words) Oil prices jumped and global stocks fell on Monday as investors reacted to a deepening Middle East conflict, with fears mounting that the war could widen and disrupt critical energy routes. Crude prices climbed more than three percent at one…...
TRT World - Spot gold falls below $4, 500 as Middle East conflict fuels volatility
2+ week, 6+ day ago (232+ words) Spot gold fell below $4, 500 per ounce early on Thursday, extending losses as the Middle East conflict continues to fuel broad market volatility and keep pressure on bullion. Gold traded at $4, 426. 50 per ounce as of 0605 GMT on Thursday, down 1. 6 percent on…...
TRT World - Israel's economy suffers $57 B loss from two years of Gaza genocide
3+ week, 1+ day ago (232+ words) Israel's economy has suffered losses exceeding $57 billion during the two years of genocide in Gaza, according to a report cited by Bloomberg. Data published in the 2025 annual report of the Bank of Israel showed losses of 177 billion shekels, equivalent to…...
Israel's economy suffers $57 B loss from two years of Gaza genocide
3+ week, 1+ day ago (264+ words) Israel's central bank data shows significant economic losses linked to Gaza genocide and regional conflict. Israel's economy has suffered losses exceeding $57 billion during the two years of genocide in Gaza, according to a report cited by Bloomberg. Data published in…...
TRT World - Fed raises inflation outlook, holds rates steady amid Iran war uncertainty
4+ week, 1+ hour ago (256+ words) The US Federal Reserve has raised its inflation forecast as it held interest rates steady, citing an "uncertain" economic outlook due to the war in Iran. The 11-1 vote on the benchmark lending rate was widely expected, but nonetheless defied US…...
IMF warns rising US public debt poses a global stability risk
1+ mon, 2+ week ago (433+ words) IMF forecasts faster US growth but warns that rising public debt threatens both the US and global economic stability. The International Monetary Fund (IMF) said on Wednesday the US economy is expected to grow faster this year, but warned that…...
TRT World - T'rkiye's GDP to reach $1. 6 T this year: minister
1+ mon, 2+ week ago (226+ words) T'rkiye's GDP will reach to $1. 6 trillion in 2026, Turkish Trade Minister Omer Bolat said during his speech at the T'rkiye-Azerbaijan-Georgia Business Forum. The minister noted that this figure is six times higher than in 2002 when President Erdogan came into power. The…...
TRT World - IMF warns rising US public debt poses a global stability risk
1+ mon, 2+ week ago (389+ words) The International Monetary Fund (IMF) said on Wednesday the US economy is expected to grow faster this year, but warned that rising public debt poses a "growing stability risk" for both the US and the global economy. The US public…...