Omaha woman who tried to kidnap a toddler at Walmart had history of alleged arson and violence

By the time Noemi Guzman held a toddler at knifepoint in front of a Nebraska Walmart, the 31-year-old woman had struggled with mental illness for several years of her life.…

ECB Better Off to Wait Than Rush Into Rate Action, Demarco Says

(Bloomberg) — Given still high uncertainty over the Iran war the European Central Bank would be better off waiting a little longer before raising borrowing costs rather than acting too…

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

By Andrea Shalal, David Lawder and Libby George WASHINGTON, April 19 (Reuters) – Global finance leaders, whipsawed by Middle East war news, came to grips this past week with their…

Analysis-Investors pile into US stocks as ‘TINA’ revival knocks ‘TIARA’ trades

By Amanda Cooper and Samuel Indyk LONDON, April 19 (Reuters) – The U.S.-Iran ceasefire in early April appears to have revived so-called TINA (“There Is No Alternative”) trades, driven by…

Independent grocers adjusting to fuel surcharges from suppliers

A few weeks into the war in Iran, an Ontario-based grocer started receiving surcharge letters from its suppliers stating that delivery costs would be going up. It was not an…

The ‘absolute cinema’ of life after Orbán: Hungary’s new leader takes on the authoritarian state

He’s ousted the man who ruled for 16 years. Now Hungary’s new prime minister faces a daunting task: taking on the authoritarian state built by Viktor Orbán. Subscribe to read…

Hormuz at Standstill, Denting US-Iran Peace Deal Hopes

(Bloomberg) — Shipping in the Strait of Hormuz was at a near standstill early Sunday after Iran reversed its decision to reopen the waterway and fired on vessels attempting to…

On the impact of Trump’s tariffs

In 2025, the U.S. raised average tariff duties from 2.4% to 9.6%, bringing protectionism to its highest level in eighty years. We explore the structure of these tariffs, estimate their…

IEA Head Pitches Iraq-Turkey Pipeline to Bypass Hormuz: Hürriyet

“I believe a Basra–Ceyhan pipeline could be extremely attractive and a very important project for both Iraq and Turkey, as well as for regional supply security—especially from Europe’s perspective,” Birol…

Iran doubles down on closing the Strait of Hormuz as the ceasefire inches toward expiration

CAIRO (AP) — Iran doubled down on its pledge to restrict ships passing through the Strait of Hormuz as long as the U.S. blockade of Iranian ports remains in place,…