Yara International reports higher-than-expected Q1 earnings as the Iran war disrupts shipping through the Strait of Hormuz.

Economists revise US inflation outlook, projecting only one Federal Reserve interest-rate cut this year as energy costs rise due to the Iran war.

Economists have increased their US inflation forecasts and now project only one Federal Reserve interest-rate cut in 2026, citing higher energy costs resulting from the Iran war.

The Central Bank of Russia lowers its key interest rate to 14.5%. The regulator also revised its 2026 oil price forecast for tax purposes to $65 per barrel and adjusted interest rate projections for 2027.

The Central Bank of Russia has lowered its key interest rate to 14.5% per annum. The bank also adjusted its 2026 and 2027 interest rate forecasts and raised its oil price projection for tax purposes in 2026 to $65 per barrel.

Colombia moves to transfer $7 billion from private pension savings into the public retirement system, a plan that analysts warn could destabilize local financial markets.

The Colombian government is proceeding with a proposal to shift approximately $7 billion from private pension funds into the public retirement system, raising concerns regarding potential market instability.

UPDATE: The Central Bank of Russia lowers its key interest rate to 14.5% from 15%. The move marks a shift in monetary policy for the country.

The Central Bank of Russia has lowered its key interest rate to 14.5% from 15% per annum.