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Japan’s Stagflation Risk Mounts With $100 Oil and Sagging Yen

dailynewsnblog
Business & Economy
March 8, 2026
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Oil topped $100 per barrel Monday amid escalating hostilities in the Middle East and widening stress on oil shipping operations and the global energy infrastructure. The yen weakened against the dollar, moving closer to a key threshold of 160 per dollar, a level where authorities intervened to support Japan’s currency in 2024. Stocks also tumbled, with the Nikkei 225 shedding around 6.9% early Monday, while long-term bond yields rose.

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dailynewsnblog
Business & Economy
July 20, 2026
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South Africa Wins $1.5 Billion World Bank Infrastructure Loan

“This program reflects our government’s determination to remove the infrastructure constraints that have held back growth and job creation for too long,” Finance Minister Enoch Godongwana said in the statement.…

dailynewsnblog
Business & Economy
July 20, 2026
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Airport security screeners win wage increases, benefits, through arbitration – United Steelworkers

TORONTO, July 20, 2026 (GLOBE NEWSWIRE) — Members of the United Steelworkers union (USW) working for GardaWorld Security Screening at airports in Ontario and Atlantic Canada have secured new three-year…