U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing countries to ration fuel and subsidize energy costs to protect their poorest.
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Category: 6. Business
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Positive Data from Phase 2 CADENCE Trial Provides Definitive Proof-of-Concept for WINREVAIR™ (sotatercept-csrk) in Adults With the Syndrome of Combined Post- and Precapillary Pulmonary Hypertension and Heart Failure With Preserved Ejection Fraction
Merck’s WINREVAIR met primary endpoint of change in pulmonary vascular resistance (PVR), significantly improving the ability of blood to flow through the lungs to the heart
Totality of evidence across hemodynamic, functional,…
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Mag 7 beckons to dip-buyers. But no one is jumping in even though Wall Street see US tech beating
Every Magnificent 7 stock is now down double digits from its 52-week high, with the group’s losses accelerating as the war in Iran compounds on the already fraught AI trade.
Microsoft has been hit the hardest by the drawdown, falling roughly…
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Larry Fink says electricians and plumbers are the real heroes as AI reshapes jobs and office careers vanish fast
- BlackRock CEO says society overvalued office jobs while undervaluing skilled trades for decades
- Electricians, plumbers, and welders will see strong demand from AI growth
- Energy costs remain the biggest obstacle to expanding AI infrastructure…
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An Energy War is Raging. The Last Thing Canada Needs is More Fossil Fuel Production.
Eric Kounce, TexasRaiser/Wikipedia The global energy shock brought on by the Middle East war makes it more important, not less, to keep the deep risks of new fossil fuel investment in clear focus.
It isn’t the storyline you’ll hear from oil and…
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Israeli Men in Thailand’s Sex Industry Find Relationships – and Risk Losing Everything
When Israeli tourists fly to Thailand, they often seek out breathtaking nature reserves, good food and affordable stays on the country’s lush islands. But not all are looking for a relaxing getaway. There is another kind of visitor who frequents…
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Wall Street Touts ‘Grind Lower’ Trades as Iran Weighs on Stocks – Bloomberg.com
- Wall Street Touts ‘Grind Lower’ Trades as Iran Weighs on Stocks Bloomberg.com
- Markets are gripped by an alarming cognitive dissonance The Economist
- Stocks and bonds slump in tandem as Iran shock leaves investors ‘nowhere to hide’
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Oil on track for record monthly surge as Iran war disrupts markets | Stock markets
The Brent crude oil price is on track for its biggest monthly gain on record in March after the Iran war caused mayhem in the markets.
Brent crude, the international benchmark, has climbed by 51% since the start of March, LSEG data shows, beating…
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Arkia cancels Jordan flights after authorities block approvals
Arkia flights from Jordan were canceled on Sunday due to obstacles imposed by Jordanian authorities, the airline announced.Arkia said Jordanian authorities imposed an immediate policy change on Saturday, refusing approval for certain flights…
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RBI Urged to Relax New FX Rules as $30 Billion Unwinding Looms
(Bloomberg) — Lenders in India are urging the central bank to rethink new rules for foreign-exchange transactions designed to shore up the rupee, saying the measures would saddle them with large losses, according to people familiar with the…
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