More than a dozen American warships are patrolling the waters around the Strait of Hormuz to enforce a blockade of Iranian ports, aided by American fighter jets and surveillance aircraft. The goal is to force Iran to cave in to American demands by depriving the government in Tehran of its biggest single source of revenue…
From the start of the 2020s, American businesses have been formidable in maintaining and growing their profits. Despite a gantlet of challenges — a pandemic, tariffs, high inflation and wars in key commodity hubs — profits have leaped ahead. Corporate profits have reached a record share of the U.S. economy, data show. And a measure…
Treasury Secretary Scott Bessent claimed on Tuesday that it was difficult to determine the actual causes of climate change, dismissing decades of science that has attributed global warming to the burning of fossil fuels. He instead called on international financial institutions to focus their attention on economic growth and alleviating poverty. The comments came in…
War in the Middle East has upended the world economy, the International Monetary Fund said on Tuesday, warning in a report that disruptions to oil markets could slow growth, fuel inflation and raise the possibility of a global recession. The sober message came after the global economy had largely weathered a pandemic, Russia’s war in…
President Trump’s decision to blockade all Iranian shipments out of or into the Strait of Hormuz starting Monday morning sets up the next great test in the Iran war: Which side can endure more economic pain, Tehran’s new leadership or Mr. Trump himself? Almost everything about how this new turn in the war plays out…
For nearly 50 years, Iran has been treated as an outlaw, earning a spot as one of the most heavily sanctioned countries in the world for its nuclear and weapons programs, its support for terrorism, its human rights abuses and more. But despite persistent efforts by the United States, the European Union, Britain and the…
If global geopolitics were played out in a high school cafeteria, Europe would be having a “Mean Girls” moment. Once a sought-after friend and trading partner, Europe is finding itself on the outs with the world’s big powers. Russia, the continent’s longtime supplier of oil, turned on its Western neighbors after invading Ukraine and has…
Democrats seized on a report that President Trump accepted a donation of foreign steel to be used in the White House ballroom, saying it showed disrespect toward American steel workers and raised questions about possible corruption. The New York Times reported Wednesday that ArcelorMittal, a steel company with headquarters in Luxembourg, had arranged a large…
The price of regular gasoline in the United States jumped 25 percent from February to March, the highest monthly percentage increase on record, according to data from the Energy Information Administration. The surge highlighted how quickly the U.S.-Israeli war with Iran, now in its sixth week, has echoed through daily life across the world. The…
By Ellen Welti, a group ecologist engaged on grassland bugs and vegetation. She is a part of the Nice Plains Science Program, based mostly within the prairies of north central Montana. She runs observational monitoring concentrating on grasshoppers, dung beetles, wolf spiders, plant composition, and plant biomass. Her analysis matters embrace the operate of bugs…
