The economic uncertainty brought on from war in Iran will likely drive up US food prices, especially for fresh produce.

Though the US-Iran talks have raised hopes of the crucial waterway’s reopening, it may take time for energy supplies to ...

The U.K. government narrowed its budget deficit for the fiscal year that ended at the start of April, but further progress in reducing borrowing is likely to be challenging if the conflict in the ...

The average UK family, who spends £100 a week, is already braced to fork out an extra £470 a year just to keep the cupboards ...

UK inflation has reached a three-month high of 3.3%, primarily driven by rising petrol prices due to the Iran conflict, ...

The UK economy will not suffer from a return of persistent high inflation because its labour market is too weak for staff to ...

China may not need to invade Taiwan to spark a global economic crisis, experts warn, citing the island's dominance in ...

By Pavel Polityuk MALOPOLOVETSKE, Ukraine, April 10 (Reuters) - Mykola Maliienko, who farms the rich, black soil of central Ukraine and exports crops to Europe, is sowing 100 fewer hectares of corn ...

But, for companies, households and governments across the world, the damage from the conflict is mounting, and with it the risk of stagflation — rising inflation mixed with stagnant growth. Illycaffè, ...

The UK inflation rate stays at 3% in the year to February, the Office for National Statistics (ONS) says. That had been expected - the ONS says clothing was the largest driver of ...

From France to the UK, governments across the globe are scrambling to take a range of measures to cushion consumers from ...

The conflict - the third major shock to hit the world's economy after the COVID pandemic and Russia's invasion of Ukraine ...