Uncertainty, Delivered
Brent crude climbed to about $104 a barrel on Thursday as fears over Middle East oil supplies intensified. Shares fell across Europe and Asia, underscoring the international economic fallout of the conflict.
Economy & money editorial cartoons
Editorial cartoons about interest rates, inflation, currencies and the cost of living. Read each edition’s dated context and original sources alongside its satire.
Majority Required
Brazil’s electoral court confirmed that Flávio Bolsonaro and President Luiz Inácio Lula da Silva will face an October 25 runoff after neither secured a majority, extending the contest for Latin America’s largest economy.
Rates Up, Yen Down
The Bank of Japan approved a rate rise from 1% to 1.25%, a 31-year high, to counter inflation risks. The yen nevertheless weakened as traders questioned the pace of further increases. (aol.com)
The narrowest part of the budget
Brent crude rose above $100 a barrel on September 9 as the US–Iran war escalated. AP reported renewed tanker attacks and disrupted shipping through the Strait of Hormuz, a major route for world oil supplies.