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Bank of England chief economist Pill said policymakers will need to raise interest rates over the next year.

2026-07-10

Bank of England chief economist Pill said policymakers will need to raise interest rates over the next year.

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2026-07-09

Axios reports the White House is preparing for possible exchanges with Iran in the Strait of Hormuz that could last a day, a week or even a month. A U.S. official said duration depends on whether Iran continues attacks on commercial vessels and added

Axios reports the White House is preparing for possible exchanges with Iran in the Strait of Hormuz that could last a day, a week or even a month. A U.S. official said duration depends on whether Iran continues attacks on commercial vessels and added, “we have to give them a lesson, let them know we’re not to be messed with.” Diplomatic channels are stalled and military pressure has returned to the center of Trump’s strategy; White House officials see room for further escalation. Hundreds of tankers have transited the strait in recent weeks, easing internal concerns that renewed clashes would immediately trigger a sharp rise in oil prices.
2026-07-09

Qatar's foreign ministry said the prime minister reaffirmed support for efforts to prevent escalation and reach a comprehensive agreement to bolster security, stability and lasting regional peace.

Qatar's foreign ministry said the prime minister reaffirmed support for efforts to prevent escalation and reach a comprehensive agreement to bolster security, stability and lasting regional peace.
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