A view of Hin Leong’s Pu Tuo San VLCC supertanker in the waters off Jurong Island in Singapore, July 11, 2019. — ReutersProlonged Strait of Hormuz disruption could remove 8-10m bpd from supply.Rising energy prices may fuel inflation, hurt global economic growth.Major shipping…
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Pakistan assures IMF of farm input tax hikes, cuts in uplift schemes
The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC, US. — AFP/FileSelected items to shift into 18% GST slab.Measures tied to completing IMF’s 2nd programme review.Islamabad targets $1.2 billion from EFF and RSF.
ISLAMABAD:…
IMF cuts growth outlook, warns of potential global recession if Iran war worsens
International Monetary Fund logo is seen outside the headquarters building in Washington, US, September 4, 2018.— ReutersIMF cuts 2026 global GDP growth forecast to 3.1%.Fund warns longer conflict to push down economies.Surging oil prices to make hard to control inflation:…
Tether’s Uruguay Mining Operations Stall Due To $5-M Energy Debt — Details
Tether’s expansion into Bitcoin mining in Uruguay has run into a major setback after the state-owned electricity provider UTE suspended service to the stablecoin operator’s two mining facilities over unpaid bills of roughly $5 million. The disruption, confirmed on July 25, 2025, comes only two years after Tether unveiled the Bitcoin mining project in the […]