Africa
Energy Price Shock From Iran War Exposes Europe’s Weakness
Underneath the glass and wrought iron ceiling of Antwerp’s stock exchange last month, French President Emmanuel Macron addressed a hall full of executives from heavy industries. He wasted no time in diving into the issue everyone cared most about: Europe’s perennially high energy prices.
Stocks Sink on Jobs, War, Credit Woes as Oil Jumps: Markets Wrap
A weak jobs report hit stocks at a time when a widening war in the Middle East is lifting oil prices and fueling inflation jitters. Renewed anxiety about the private-credit industry also curbed risk appetite. Bonds whipsawed.
