Economy

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New White House report has plans to fix US housing shortage of 10 million

The White House just released a plan to tackle a massive problem: a 10 million home shortage. 🏠 This new report says building more is key to helping the middle class and boosting the economy. But can construction actually catch up with demand? What’s the biggest housing challenge in your community?#HousingCrisis #AffordableHousing 📸 (Image: AI

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Tear gas fired at India workers demanding higher wages as living costs rise

Workers asking for a living wage were met with tear gas today. According to initial reports, this happened at a factory protest in Noida, near Delhi. They were demanding higher pay as the cost of living keeps climbing. The global economic strain from the Iran conflict is making everything more expensive. But the response has

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Oil prices surge past $103 a barrel after US announces blockade of Iran

Oil prices just smashed through $103. 📈 According to the latest reports, this surge comes after the US announced a naval blockade of Iran. Asian stock markets are already falling as the threat sends new turmoil through global finance. Markets hate this kind of uncertainty. What ripple effects will this have on prices at the

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Oil prices surge past $103 a barrel after US announces blockade of Iran

Oil just smashed past $103 a barrel. 💥 According to Reuters, the US announced a naval blockade of Iran. That single move sent shockwaves through markets. Asian stocks are falling right now. The threat of a blockade is injecting serious turmoil. What happens when a major oil route gets disrupted? Markets are showing us. Could

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Nigerian artisans preserve handwoven fabric amid rising global demand

They’re choosing the loom over the machine. ✨ According to the report, Nigerian artisans are keeping the handwoven fabric *aso-oke* authentic, even as demand for it grows worldwide. It’s a deliberate choice. This isn’t just cloth; it’s a legacy stitched by hand. Now it’s a staple on global runways. But can tradition truly keep up

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Saudi Arabia says key oil pipeline back to full capacity after attacks

That crucial Saudi oil pipeline is back online. 🛢️ According to the Ministry of Energy, the East-West pipeline is now pumping at full capacity again—about 7 million barrels a day. This follows recent attacks that temporarily disrupted the flow. It’s a major relief for global energy markets. But it also highlights a persistent vulnerability. How

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Energy prices may take ‘months’ to normalise, despite ceasefire: Analysts

Just because there’s a ceasefire doesn’t mean your energy bill is dropping soon. 🛢️ Analysts say the real fix could still take months. Markets need to see cargo moving smoothly and predictably again before they truly calm down. So that relief at the pump or on your utility statement? It might be a waiting game.

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Ecuador hikes tariffs to 100-percent in feud with neighbour Colombia

Talk about a dramatic move between neighbors. 🇪🇨 Ecuador just slapped a massive 100% tariff on hundreds of Colombian imports. This isn’t about trade—it’s a major political clash. President Daniel Noboa is directly calling out Colombia’s leader, accusing him of not doing enough to stop drug gangs. The tension has been building for a while.

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Global energy crisis is ‘the mother of all crises’: Turkish energy minister

This isn’t just an energy crisis. One official is calling it something much bigger. Turkey’s Energy Minister just made a striking statement to Al Jazeera. He says the global energy situation is “the mother of all crises.” But he also points out Turkey’s unique position. Thanks to its location, investments, and resources, the country is

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Empty ships and shut wells: Why the Iran war oil crisis is not over yet

Imagine a fleet of empty supertankers. Now picture silent oil wells. That’s the quiet reality of the conflict’s impact on global supplies. Hundreds of millions of barrels are simply gone from the market. We mapped out what that missing volume actually looks like. The immediate shock might have faded, but the void remains. It’s a

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