World--China Economic Net

Italian PM visits Algeria to seek more gas amid Middle East tensions2026-03-26
Italian Prime Minister Giorgia Meloni conducted an official visit to Algeria on Wednesday, seeking to secure expanded energy partnerships, as Europe seeks stable gas supplies amid disruptions tied to the war in Iran and tensions in the Strait of Hormuz.

U.S. Supreme Court rules against record labels in music piracy case2026-03-26
The U.S. Supreme Court on Wednesday unanimously sided with Cox Communications in a copyright dispute brought by major record labels, overturning a 1 billion U.S. dollar jury verdict that had held the internet service provider (ISP) liable for music piracy carried out by its subscribers.

U.S. sends 15-point peace plan to Iran via Pakistan: NYT2026-03-25
The United States has sent Iran a 15-point peace plan, via Pakistan, in an attempt to end the war with Iran, now in its fourth week, The New York Times reported on Tuesday, citing two unidentified officials.

Regional conflict pushes up Türkiye's fuel costs, stoking inflation fears2026-03-25
Drivers pulling into gas stations across Türkiye on Tuesday faced a fourth round of fuel price hikes since the outbreak of the Iran war, with cumulative increases averaging more than 20 percent nationwide, according to industry estimates.

Trump claims "major points of agreement" with Iran while Tehran denies any contact2026-03-24
U.S. President Donald Trump said Monday that Washington had reached "major points of agreement" with Iran and was in contact with "a top person," even as Tehran denied any direct or indirect communication with the United States.

From oil shocks to grocery bills, Europe feels pinch of Mideast tensions2026-03-24
After years of sluggish growth, Europe entered 2026 hoping for a turnaround. But escalating tensions in the Middle East have sent oil and gas prices on a wild ride, threatening to derail that recovery.

Iranian forces warn of broader retaliation if U.S. targets its power facilities2026-03-23
Iran's primary military command, Khatam al-Anbiya Central Headquarters, issued a statement on Sunday warning that power plants in countries hosting U.S. bases would be considered legitimate targets if the United States attacks Iran's power facilities.

Russia's Progress MS-33 cargo spacecraft to dock with ISS in manual mode2026-03-23
Russia's Progress MS-33 cargo spacecraft is expected to dock with the International Space Station (ISS) on Tuesday in manual mode, Russia's state space corporation Roscosmos said Sunday.

Middle East conflict may undermine safe-haven appeal of U.S. dollar assets2026-03-23
Escalating tensions involving Israel, Iran, and the United States are raising doubts about the traditional safe-haven appeal of U.S. dollar-denominated assets, as geopolitical risks increasingly shape global asset pricing and influence global capital flows.

What to know about U.S. military buildup in Middle East?2026-03-22
U.S. media reported on Friday that the Pentagon is sending three more warships and more Marines to the Middle East, marking the second such deployment to the region within a week, as the U.S.-Israel-Iran war escalates.

Yemen's Houthis say monitoring regional developments, to take "appropriate action" if needed2026-03-22
Yemen's Houthi group said Saturday that it is closely monitoring the developments in the Strait of Hormuz, and would take "appropriate action" in the face of unfolding events in the region.

Spain announces emergency measures to counter impact of Mideast conflict2026-03-21
Spanish Prime Minister Pedro Sanchez on Friday announced a series of urgent measures to bolster the country against the economic effects of the ongoing conflict in the Middle East and protect consumers from rising prices.

Trump says considering "winding down" strikes on Iran2026-03-21
U.S. President Donald Trump said Friday that he is considering "winding down" the U.S. military strikes against Iran, claiming the United States is "getting very close to" meeting its objectives.

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The global economy is currently facing a period of profound structural transformation. For much of the last three decades, the international order was defined by a relatively predictable framework of converging markets and integrated supply chains. Today, that predictability has vanished.