Economics

Your Taxes: The Iran war’s commercial impact

The latest Iran war is having an economic impact on the world economy. If less fuel is available to the world through the Strait of Hormuz, it means less travel and fewer petroleum products.

 Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023.
 Iran's Supreme Leader Ayatollah Ali Khamenei and US President Donald Trump (illustrative)

Political, economic pressures mount as US-Israel war with Iran continues - opinion

"The markets in 2026 will be influenced by a combination of macroeconomic forces, changes in monetary policies, and the continuation of geopolitical events."

2026 market trends every MENA trader should watch

US President Donald Trump takes a question as he speaks during a press conference at Trump National Doral Miami in Miami, Florida, March 9, 2026.

Trump advisers pushing to find Iran off-ramp as oil prices, political backlash risk rise - report


Israel ranks last again in global Nation Brands Index amid sharp perception decline

Israel recorded a 6.1% drop in its overall score, the sharpest decline in the index’s history, placing it at the bottom of the 50-country ranking for a second year in a row.

A placard reading "Free Palestine, Boycott Israel" is held up among protesters carrying Palestinian flags at Amsterdam Central Station in the Netherlands on August 21, 2025.

Gulf turns to Israel for security as Washington pivots inwards - opinion

The Gulf states must decide who protects their security interests as the US steps back.

 Representatives of the UAE, US, Israel, Bahrain Morocco and Egypt at the Steering Committee of the Negev Forum, June 27, 2022.

Trump says he'll be involved in review of Netflix-Warner Brothers deal

Trump did not say whether he favored approval for the deal, but he pointed to a potential concentration of market power in the entertainment industry.

US President Donald Trump speaks with members of the media following a call with military service members, on Thanksgiving, in Palm Beach, Florida, US, November 27, 2025.

Knesset sets special panel to fast-track Karhi’s communications reform

 “And now the question is: what has changed? Why is the minister trying to bypass the committee with a comprehensive bill that reshapes the communications sector?”

Communications Minister Shlomo Karhi debates in the Knesset, in Jerusalem, December 9, 2024

Freelancers in Israel experience 100% freedom but have 0% financial security - opinion

Israel's labor market is in the process of reshaping itself, with more Israelis losing out on social benefits and job security in pursuit of freedom in the growing "flexible economy."

Illustrative image of an fired employee leaving the office.

Israel's credit rating revised from negative to stable by S&P Global

The credit rating agency said that the ceasefire between Israel and Hamas "could soften pressure on Israel’s economy, labor market, and public finances."

THE TEL AVIV Stock Exchange.

G20 taskforce calls for global panel to tackle 'inequality emergency'

South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt democracy.

 South African President Cyril Ramaphosa briefs the media on South Africa's G20 presidency for 2025 at the parliament in Cape Town, South Africa, December 3, 2024.

Kimberly-Clark to buy Tylenol maker Kenvue for over $40 billion

Kimberly-Clark would be scooping up the former Johnson & Johnson unit after months of struggle.

The company logo for Kenvue Inc. Johnson & Johnson's consumer-health business, is displayed on a screen during the company's IPO at the New York Stock Exchange (NYSE) in New York City, US, May 4, 2023.

Mamdani's economics, Israel stance could incur a $5b. expense on New York - analysis

New York and Israel trade, which stood at over $5 billion in 2024, is in doubt amid the possibility of Mamdani's election as New York City's Mayor.

New York City Mayoral candidate Zohran Mamdani departs after speaking during a "March on Wall Street" to call for economic justice on August 28, 2025, in New York City.

Where I stand: Israel, Europe, and the moral line - opinion

I stood in Tel Aviv on the eve of war and returned to a Europe unable to speak. What I found was not debate, but the quiet collapse of courage.

Prof. Rok Spruk