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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.

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.

Trump’s 10% Global Tariffs Debated in Pivotal Court Hearing

A group of small businesses and 24 mostly Democrat-led states urged US trade judges to toss out President Donald Trump’s latest global tariffs, arguing they were issued under a law that became outdated when the US ditched the gold standard decades ago.

Trump’s AI Chip Export Push Stymied by Bureaucratic Bottleneck

President Donald Trump’s goal of significantly boosting global sales of American AI chips risks being undermined by licensing bottlenecks, staffing attrition and a lack of policy direction at the federal agency that oversees exports of billions of dollars in sensitive US technology.

Will the Global Minimum Tax End the Race to the Bottom?

In 2021, 137 countries agreed on a global minimum corporate tax rate of 15% for big global companies. This video explains why countries felt such a tax was needed and how it will work.

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