IHS Markit Maritime and Trade’s Senior Economist II, Tomasz Brodzicki, PhD, has warned that trade tensions and overall trade policy uncertainty are posing the greatest risk to economic growth and trade outlook forecasts.
Forbes, a global media company that focuses on business, investment, technology, entrepreneurship, leadership, and lifestyle has said that Iran is likely to hit the underbelly of US economy by sparking higher oil prices..
Dryad Global, a maritime security concern has warned that Iran is under ‘’immense pressure’’ to respond to the attack by the US. The warning is coming as the price of Brent Crude hit a day high of $69.50 in the wake of the attack on Iran, a rise of at least $2.50.
Rivers State Governor Nyesom Wike has signed the 2020 Budget of the state into law.
UNCTAD’s Director of Technology and Logistics, Shamika N. Sirimanne, said “implementing a digital economy agenda will enable Tuvalu to diversify its economy and foster development.”