Deena Zaidi

5 days ago | wp.me | Deena Zaidi

The narrow passage between Iran and Oman, known as the Strait of Hormuz- is a linchpin for global crude flows since 20 million barrels daily transit this route—this is roughly 20% of global oil shipments. The strait handles world’s largest crude oil tankers, and it is one of the world’s most important oil chokepoints. According to the data retrieved from IMF’s UN PortWatch, tankers make up roughly 60% of annual vessels, following containers and dry bulk carriers.

3 weeks ago | deenazaidi.com | Deena Zaidi

Trump announced travel bans and restrictions on 19 countries. The ban fully restricts entry of nationals from 12 countries: Afghanistan, Myanmar, Cha,; Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen. In addition, people from seven countries face partial restriction: Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela.

1 month ago | wp.me | Deena Zaidi

The ideal way to calculate inflation across G7 would be using Eurostat’s harmonized index of consumer prices (HICP), which ensures cross-country consistency, but the data remains unavailable for countries such as Canada and Japan. While the U.S. has attempted to track this rate to make comparisons easy, the update has been sporadic and not widely adopted.

1 month ago | wp.me | Deena Zaidi

The Federal Reserve keeps its interest rate unchanged, maintaining its target range at 4.25% to 4.5%. Current interest rate still stands at 4.33%. Tariffs threaten economic growth and could drive inflationRising uncertainty around Trump’s tariffs means inflation for the country, which could slow down the economy. Since the last rate-setting meeting in March, Trump has imposed 10% tariffs on nearly all of U.S. imports, in addition to 145% tax on goods from China.

2 months ago | wp.me | Deena Zaidi

China’s central bank is exploring the idea of establishing overseas warehouses to help settle certain products traded on the Shanghai Gold Exchange (SGE).