Economy - Berrit Media

Economy

China Economy Slows as April Retail Sales and Property Data Weaken

China economy data for April showed retail sales barely growing, investment turning negative, and home prices still falling, underscoring how weak domestic demand is offsetting export resilience across major cities.

Samuel Berrit OlamMay 18, 2026

Economy

Israel GDP Contracts as Iran War Hits First-Quarter Recovery

Israel GDP contracted 3.3% in the first quarter as the Iran war hit spending, exports, and business activity, challenging recovery hopes and raising questions over Israel’s 2026 rebound prospects ahead.

Samuel Berrit OlamMay 18, 2026

Economy

The Strait Of Hormuz Turns Oil Anxiety Into A Global Trade Problem

Strait Of Hormuz tensions are reshaping oil flows as US escorts, Iranian warnings, and IMF price risks unsettle global trade.

Samuel Berrit OlamMay 6, 2026

Economy

Hormuz Strait Traffic Falls As Only Five Ships Pass In 24 Hours

Hormuz Strait traffic fell to only five ships in 24 hours, raising fresh concern over global oil, LNG, and shipping security.

Samuel Berrit OlamApril 24, 2026

Strait of Hormuz

Economy

Strait Of Hormuz Shipping Remains Frozen Despite US Iran Ceasefire

Strait of Hormuz traffic remains severely restricted after the US Iran ceasefire, leaving oil markets tense and hundreds of vessels stranded.

Samuel Berrit OlamApril 10, 2026