LATAM BLOG: Iran war fuels Venezuela's oil comeback, but democracy lags behind
Caracas stands to gain from surging crude prices triggered by the closure of the Strait of Hormuz, but Washington's control over its oil income means the bonanza may consolidate authoritarian rule rather than rebuild a broken state.
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Oil markets whipsaw as Trump mixes threats to Iran with hints conflict is ending
Markets were on a wild rollercoaster ride on March 9 with oil prices swinging through $30 change in a day. Trump claims the war is nearly over. The IRGC says it will fight to the bitter end. No end to the conflict is in sight.
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War shock threatens Poland’s growth, lifts inflation path, mBank says
The war between the US and Israel and Iran could push inflation in Poland higher while weakening economic growth over the next two years if disruptions to oil supplies and global trade persist, analysts at mBank said.
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South Korea backs Philippines nuclear energy revival
South Korea has taken a formal step towards supporting the Philippines’ return to nuclear energy, with three major institutions signing an agreement to cooperate on future atomic power projects.
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COMMENT: Oil at or above $100 per barrel threatens Indonesia’s Eid spending
Indonesia is heading towards the end of Ramadan, and Eid this year, under a massive cloud of economic stress.
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India’s quick commerce boom reshapes retail landscape
India’s retail industry is witnessing a major change as quick commerce — the ultra-fast delivery of daily household items through digital platforms — impacts how consumers shop.
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Iran turns to China’s BeiDou satellites to outfox Israeli anti-drone electronic warfare defences
Iran dumped reliance on the US GPS satellite network to guide drones and missiles and switched to China’s BeiDou satellite navigation system to neutralise Israel’s electronic warfare defences.
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GCC information ministers hold emergency meeting over Iran attacks
GCC information ministers held an emergency video conference on March 9 to coordinate media strategy and counter disinformation as the regional conflict continues to affect Gulf states.
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