Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 150 results for "Iran"

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... wrong by sending growth higher than anticipated." The World Bank has not included the recent escalating tensions between Iran and the US in their global economic outlook for 2020, with the cut-off for forecasts set at December 20. Markets have been shaken ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
Crude oil prices rose in the early months of the New Year on the escalation of tensions between the US and Iran after an American drone strike in Iraq on January 3 that killed Qassem Soleimani -- the head of Iran's elite Quds military force. The ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Fears of escalating tensions between the US and Iran have sent gold skyrocketing to an almost seven-year high, with investors turning to bullion, mining shares and gold-backed ETFs to safeguard their wealth. Fuel was added to gold's fire after US ...

Rising tensions to weigh on markets: Moody's

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
While tensions between the United States and Iran are not a new development the significant escalation following a US drone strike in Iraq, which killed Iranian Major General Qassem Suleimani, has caused concerns over the effect on global markets. Moody's ...

Chief economist update: Australia burns

BENJAMIN ONG  |  MONDAY, 6 JAN 2020
... agreement on January 15 and Brexit has become less uncertain - marred by renewed war (the real war) tensions between the US and Iran. A US airstrike in Iraq on January 4 killed Qassem Soleimani, the head of Iran's elite Quds military force and one ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... concern of a risk of war in the Middle East. While Yemen's Houthi rebels claimed it was them, the US points its finger on Iran with president Trump tweeting the day after that the US is "locked and loaded depending on verification..." The slowing ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... central banks are running low on bullets. There's Trump's war (trade or otherwise) with everybody - China, Mexico, Iran, the EU, climate change, etc. The debilitating effect of which has now prompted Japan and South Korea to engage in a trade ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... slowdown in global economic activity, the lingering trade war and now, geopolitical concerns (prompted by the developing US-Iran stoush), the Australian equity market keeps on climbing. This year-to-date, the All Ordinaries index has rallied by 19.7% ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... over the global growth outlook and therefore, oil demand. Taken alongside, supply disruptions/sanctions in Venezuela, Libya, Iran and others, plus the implementation of the Organisation of the Petroleum Exporting Countries (OPEC), Russia and other oil ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... have caused Venezuelan oil production to fall by almost 500K bpd in March from February. Add to this, US sanctions against Iran (expected to be tightened further in May) and the supply disruption caused by the tensions in Libya. But as the International ...