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Iran War Fuels Fears Over Economic Safety Net: Supply Lines

The economist Carmen Reinhart has made a career out of studying the causes of economic crises and the responses to them. Her most famous book, published in 2009 with co-author Ken Rogoff, dove into what they called “eight centuries of financial folly” across 66 countries and five continents and identified predictable patterns. Its title – This Time is Different – mocked the speculators, politicians and pundits pushing the idea that any moment in history can defy economic gravity.

By Shawn Donnan

Ships With Iran Oil Anchor Off India as Trump Announces Blockade

Two sanctioned supertankers laden with Iranian crude have dropped anchor off Indian ports, marking what could be the first such cargoes to arrive in the country in nearly seven years, just as the US escalates efforts to curb Tehran’s exports.

Wyoming Gives Nod to Trump With Plan for ‘Energy Dominance Fund’

Wyoming is launching a new Energy Dominance Fund that will support its expansive oil and gas sector, but the exclusion of wind and solar project funding marks a key difference from a similar fund the state set up a few years ago.

BGOV Hill Watch: Reconciliation, Iran, Deadlines Jam Hill Agenda

Congress returns this week to tackle a daunting list of priorities, including fiscal 2026 appropriations for the Department of Homeland Security and additional funding for immigration enforcement and defense.

DOL Offers 401(k) Fiduciaries a Safer Path to Alternative Assets

A proposed rule from the Department of Labor would let 401(k) fiduciaries offer alternative assets if they document a prudent process on key risks.

China Starts Bankruptcy Liquidation of Shadow Bank Zhongzhi

A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group Co. and its more than 300 affiliated companies, in a major step toward winding down one of China’s largest shadow banking conglomerates.

Wise on Track for Nasdaq Listing in May as Income Jumps 24%

Wise Plc said it’s on track to get its primary listing shifted from London to Nasdaq next month, as the money transfer company’s key fourth-quarter earnings figure beat analyst expectations. Shares rallied.

Trump-Linked World Liberty Project Faces Investor Revolt

World Liberty Financial Inc., a Trump family crypto venture, is facing an investor revolt that includes billionaire backer Justin Sun, who accused the project of secretly building controls that let insiders freeze token holders’ funds.

Trump Blockade of Iran Ports Risks Widening War to High Seas

US President Donald Trump’s threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend risks widening a war now entering its seventh week, lifting oil prices and raising the prospect of further economic pain around the globe.

Trump Vows to Blockade Hormuz After US-Iran Peace Talks Fail

President Donald Trump said the US will begin a full naval blockade of the strategic Strait of Hormuz and threatened to retaliate in the event of Iranian resistance, escalating a standoff that has already brought the waterway to a near standstill and disrupted global energy supplies.