Jet fuel tends to be an airline's biggest expense. An analysis by the International Air Transport Association showed that, for the week ending March 27, the weekly average price of jet fuel has skyrocketed 116.8 per cent compared to the previous year's average.
U.S. financial markets experienced a volatile week, largely influenced by geopolitical developments in the Middle East and fluctuations in energy prices. Investor sentiment was driven primarily by external events rather than domestic fundamentals.
The US dollar returned to the upside as geopolitical fears rebounded after US President Trump's address to the nation. The rhetoric fuelled risk aversion and flows toward the dollar while oil prices surged.
The longer this conflict goes on, the more devastating its impact will be on the world's energy supplies, inflation and economic stability. Every extra week of disruption raises costs for consumers and businesses while growth slows.
Warning to the invading American ruling establishment and its affiliated spy companies. You ignored our repeated warnings about the necessity of halting terrorist operations, and today, in terrorist attacks carried out by you and your Israeli allies, a number of Iranian citizens were martyred.
"We worked hard," WTO Director-General Ngozi Okonjo-Iweala said, adding that the US and Brazil in particular "need more time" to work out their differences over the agreement to impose levies on cross-border online orders.
After Trump ended the de minimis exemption last year, purchasing an item straight from an international vendor, regardless of the item's value, meant incurring International Emergency Economic Powers Act tariffs. Now, thanks to a ruling by the Supreme Court that overturned Trump's IEEPA tariffs, and a ruling by the Court of International Trade ruled that all tariffs paid under IEEPA must be returned, buyers may be able to collect a refund.
China has been flooding Latin American markets with low-priced exports, especially autos and e-commerce goods, as its exporters adjust to U.S. President Donald Trump's tariffs and geopolitical moves. The world's second-largest economy has become a major trading partner for many Latin American nations, seeking access to their abundant natural resources and growing markets while expanding its influence in a region Trump views as America's Backyard.
Stability. Consistency. Ever-changing complexity. With language like that, deployed in separate meetings in three Asian capitals this week, government leaders forged closer ties driven in part by a figure halfway around the world: the president of the United States. And much of the time, they didn't even mention Donald Trump's name. IN BEIJING: The U.K. and Chinese leaders called Thursday for a "long-term, stable, and comprehensive strategic partnership" between their two countries. The important words are long-term and stable. The two countries committed a decade ago to building a comprehensive strategic partnership but progress has been halting at best.
China recorded strong exports in 2025 with a record $1.2 trillion trade surplus, as producers shifted their focus to markets other than the US amid Trump's tariffs. Customs data showed that Beijing's global surplus rose 20% from the previous year, which saw a $992 billion surplus. Exports in 2025 stood at $3.7 trillion and imports at $2.58 trillion, government data showed on Wednesday. The record surplus was aided by a 6.6% bump in exports in the month of December when compared to December 2024,
The International Monetary Fund has warned mounting geopolitical tensions and an escalation of Donald Trump's tariff war could hit global economic growth and trigger a backlash in financial markets. In an update as Trump threatens to impose tariffs on Nato allies opposed to his ambitions in Greenland, the Washington-based fund said a renewed eruption in trade tensions was among the biggest risks to global growth in 2026.
[The Trump administration] may have entered the office thinking that they could use their economic leverage to push China in certain policy directions," said Amanda Hsiao, a China studies director at the Eurasia Group consultancy.