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World Economy Apr 11, 2026

US Inflation Surges to 1% in March Amid Iran War and Energy Market Disruptions

The US inflation rate rose to 0.9% in March, driven by a significant increase in energy prices due …
The United States has experienced a notable surge in inflation, with consumer prices rising by nearly 1 percent in March. This significant increase, one of the highest short-term inflation rates in years, is largely attributed to the disruption of energy markets amid the ongoing conflict with Iran. According to a report by the US Bureau of Labor Statistics, the inflation rate in March was 0.9 percent, up from 0.3 percent in February. This marks the largest increase since May 2022, during the peak of the cost-of-living crisis triggered by the COVID-19 pandemic. The March increase was primarily driven by energy prices, with gasoline prices surging by 21.2 percent and fuel oil prices increasing by more than 30 percent. The energy index saw a 10.9 percent increase in March, the largest monthly rise since September 2005. The escalation in prices followed the US and Israel's launch of an all-out war on Iran on February 28, which resulted in the killing of Iran's Supreme Leader Ali Khamenei. In response, Tehran closed the Strait of Hormuz, causing oil and gas prices worldwide to skyrocket. The price of a barrel of oil reached $120, up from about $70 on February 27. In the US, the price of one gallon of gasoline exceeded $4.1, a significant increase from less than $3 before the conflict began. Although a two-week ceasefire was agreed upon between the US and Iran, marine traffic in the Strait of Hormuz remains at a fraction of its pre-war levels. US President Donald Trump has warned Iran against blocking the strait or charging vessels for safe passage. About 20 percent of the world's oil passes through the Strait of Hormuz. While the ceasefire has brought some relief to the global energy market, with oil prices dropping to less than $100, US consumers are still paying $4.15 on average at the petrol pump. Experts suggest that it will take several months for prices to stabilize. The inflation report comes as US politicians focus on the cost of living and affordability, ahead of the November midterm elections. Trump's Democratic rivals have criticized him for launching the war without congressional approval, highlighting the increased economic costs for Americans.
#iran #war #percent
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Politics Apr 06, 2026

The Urgency of Addressing Trump's Actions Beyond His Tenure

The article discusses the implications of waiting for Donald Trump to leave office and the potentia…
The recent commentary on Donald Trump's presidency has highlighted a critical concern: the world cannot afford to wait for him to leave office. Trump's administration has effectively eroded central tenets of the US legal and civic structure, rendering the traditional checks and balances on political power ineffective.Waiting for the downfall of one individual raises two crucial questions. Firstly, will others with similar politics simply take his place? Secondly, if the country and the world wish to move in a different direction, when can we expect to see a plan?It is essential to remember that changes brought about by Trump's presidency cannot always be easily abolished or replaced. The implications of his actions, and those of his administration, are far-reaching and have significant consequences for global stability.Some argue that faith in the November midterm elections may be too optimistic, as Trump and his administration are already preparing to undermine them. The concern is that he will not allow himself to lose.Others suggest that the media and public have a role to play in puncturing Trump's pride and casting doubt on his legacy. Keeping a running count of the death toll of civilians, children, aid workers, and journalists killed since his presidency began could be one way to hold him accountable.The situation has drawn comparisons to the fall of the Roman Empire, with some warning that the current instability could lead to a similar collapse of political structures. As such, there is an urgent need for a plan to address the consequences of Trump's actions and to work towards a more stable future.
#Donald Trump #US foreign policy #NATO
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Politics Apr 04, 2026

Dozens of Democratic‑led States File Lawsuit to Block Trump's New Mail‑in Ballot Restrictions Ahead of Midterms

Around twenty‑four Democratic‑controlled states and the District of Columbia have sued the Trump ad…
Approximately two dozen Democratic‑led states and the District of Columbia have lodged a federal lawsuit against President Donald Trump to block a newly issued executive order that would sharply limit mail‑in and absentee voting. The filing, submitted on Friday, comes as voting‑rights groups warn the measure is designed to make voting harder ahead of the 2026 midterm elections, which will decide control of both chambers of Congress. New York Attorney General Letitia James, representing 23 states and D.C., said the order "exceeds the president’s constitutional authority" and undermines the principle that states set the times, places and manner of elections. "Free and fair elections are the cornerstone of our democracy, and no president has the power to rewrite the rules on his own," James stated. The contested order, signed on Tuesday, directs the Department of Homeland Security to compile a nationwide list of eligible voters and instructs the United States Postal Service to deliver ballots only to individuals on a "State‑specific Mail‑in and Absentee Participation List." Critics argue the list would be incomplete and would place an undue burden on the USPS. Voting‑rights advocates note that mail‑in voting surged after the COVID‑19 pandemic, with one‑third of all 2024 ballots cast by mail, a trend that cuts across both Republican and Democratic states. In their complaint, the states contend that only Congress, not the president, may impose new restrictions on election administration, and that implementing such changes so close to the November vote would generate significant logistical chaos. President Trump maintains the action is needed to combat "rampant voter fraud," a claim repeatedly debunked by independent monitors, including the Heritage Foundation, which reports fraud rates are exceedingly low. Beyond the lawsuit, the Justice Department has pursued separate legal actions to obtain voter data, and the FBI’s recent raid on a Georgia election office has heightened concerns about election integrity. Trump is also urging Congress to pass the "SAVE America Act", which would require proof of U.S. citizenship—such as a birth certificate or passport—and a photo ID for ballot casting. Rights groups warn the proposal could disenfranchise many voters, including women who have changed their surnames after marriage.
#Trump administration #executive order #mail-in ballots
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World Economy Apr 03, 2026

US Vulnerability to Gulf Oil Supply Crisis Exposed

The article examines the impact of the US-Israel war on Iran on global oil supplies and prices, and…
The ongoing conflict between the US and Israel against Iran has significantly impacted global oil supplies, causing prices to surge. Despite this, US President Donald Trump claims that the US is 'totally independent' of the Middle East and doesn't need their oil. However, experts argue that the oil market is highly interconnected, making it unlikely that the US can escape the effects of the crisis.The US is a major oil producer, having surpassed other countries due to the fracking boom. Yet, it still imports millions of barrels per day, with a significant portion coming from Gulf nations. This reliance on imports means that the US is not as insulated from global price trends as Trump suggests.Oil prices have risen by nearly half since the start of the war, with Brent crude trading above $100 per barrel. This increase has had a ripple effect on the global economy, with US fuel prices breaching $4 per gallon for the first time since 2022. The surge in fuel costs is likely to impact the US economy and may influence the midterm elections.Experts warn that the concept of 'energy independence' may be a 'smokescreen' and that low-income households will be disproportionately affected by higher fuel prices. While some sectors of the US economy, such as energy production, may benefit from the current situation, the overall impact on consumers is expected to be negative.The article also highlights the broader implications of the conflict, including disruptions to global fertilizer supplies and helium production. With the Strait of Hormuz remaining paralyzed, the effects of the crisis are likely to be prolonged, and experts are skeptical that fuel prices will quickly return to normal even if the conflict ends soon.
#oil #prices #gas
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World Economy Mar 31, 2026

US Fuel Prices Surpass $4 per Gallon for First Time in Four Years Amid Iran Conflict

The average US fuel price has exceeded $4 per gallon for the first time in four years, driven by th…
The average price of fuel in the US has surpassed $4 per gallon for the first time in four years, reaching $4.02 per gallon nationwide, according to AAA data. This significant increase comes as the conflict between the US and Iran continues to escalate, boosting oil prices and putting pressure on drivers.On the west coast, drivers are facing even higher prices, with California averaging $5.89 per gallon and Washington state averaging $5.35 per gallon. The surge in oil prices has been driven by the Brent crude price hitting $115.48 per barrel, a global benchmark for oil prices.President Donald Trump has faced criticism for his handling of the situation, with many arguing that the rising fuel prices will hurt his chances in the upcoming midterm elections. In response, Trump has tried to downplay the impact of higher oil prices, claiming that the US will benefit as a whole due to its status as the largest oil producer in the world.However, Trump has also acknowledged that fuel prices will likely drop once the conflict with Iran is resolved. The president plans to withdraw US forces from the war "at some point," but emphasized that other countries will need to take on more responsibility to address the situation.
#prices #average #iran
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Gallery Mar 29, 2026

Thousands Join 'No Kings' Protests Across US, Focusing on Minnesota

Demonstrators across the United States participated in 'No Kings' protests, with a significant focu…
Demonstrators took to the streets of cities across the United States for the first 'No Kings' protest since the joint US and Israeli war against Iran began one month ago. The protests, which mark the third round of nationwide 'No Kings' demonstrations, saw over 3,300 events planned across all 50 states, with large crowds expected in cities such as New York, Los Angeles, and Washington, DC.The main event was scheduled for the Minneapolis-St Paul area in Minnesota, known as the Twin Cities, which became a focal point for Trump's hardline immigration crackdown in December. More than 3,000 federal immigration agents descended on the Twin Cities, leading to accusations of excessive force during deportation raids.In January, agents shot and killed two US citizens, Alex Pretti and Renee Nicole Good, prompting nationwide outrage and calls for reform. Dozens of lawsuits have been filed as a result of the operation, which was wound down in February.Progressive Senator Bernie Sanders addressed attendees, and rock icon Bruce Springsteen performed at the event, along with folk singer Joan Baez. Actor Robert De Niro told the crowd in Minnesota in a pre-recorded address, 'You've shown bravery in the face of armed attack by government thugs, and you stood together and ran them out of town'.The previous two 'No Kings' marches took place in June and October and drew millions of people. Trump responded to the October protest by posting an AI-generated video depicting himself dumping faeces on the protesters. The US is currently in the midst of campaigns for its pivotal midterm elections in November, which will see Trump's Republican Party seek to defend its majorities in both chambers of Congress.Democrats are hoping to gain seats as Trump's popularity droops. Sanders was among the speakers who reminded protest attendees of the importance of the upcoming vote, saying, 'We will not allow this country to descend into authoritarianism or oligarchy. In America, we the people will rule'.
#kings #trump #minnesota
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Politics Mar 29, 2026

JD Vance Leads CPAC Straw Poll as Preferred Republican Presidential Candidate for 2028

US Vice President JD Vance has topped the straw poll at the Conservative Political Action Conferenc…
For the second consecutive year, US Vice President JD Vance has emerged as the leading candidate in the straw poll at the Conservative Political Action Conference (CPAC), a prominent right-wing gathering in the United States. The poll, which is not necessarily an accurate predictor of the Republican nominee, saw Vance secure 53 percent of the votes from nearly 1,600 attendees. This significant lead highlights Vance's strong support within the conservative base. Secretary of State Marco Rubio, another senior official under President Donald Trump, showed a notable improvement from last year's poll, where he tied for fourth place. Rubio garnered 35 percent of the vote, indicating a rising popularity among CPAC attendees. The straw poll results were announced on stage at the conference, which took place over four days and featured speakers such as Senator Ted Cruz, Iranian opposition leader Reza Pahlavi, and Eduardo and Flavio Bolsonaro, sons of Brazil's former president Jair Bolsonaro. CPAC's annual conference tends to attract attendees from the political right, and this year's event was no exception. The poll results come at a critical time for the Republican Party, with less than eight months until the midterm elections in the US. The party is hoping to defend its congressional majorities amid challenges such as the ongoing war in Iran and rising gas prices. Vance, a veteran and former single-term senator from Ohio, is seen as representing a more isolationist branch of Trump's 'Make America Great Again' (MAGA) base. He has been critical of US involvement in foreign conflicts but has defended Trump's decision to join Israel in joint strikes on Iran. Rubio, on the other hand, has a longer political resume and is viewed as more hawkish towards regime change, particularly in Cuba. Both Vance and Rubio had previously criticized Trump before joining his administration. While the CPAC straw poll has historically shown a realignment in the Republican Party around Trump's politics, it is not always an accurate predictor of future election outcomes. The party's consolidation around Trump's agenda has led to the marginalization of moderate and critical voices.
#JD Vance #CPAC #2028 presidential election
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