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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
The International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank (WB) said on April 13 (local time) that the impact of the Middle East conflict is significant, global and highly uneven, disproportionately affecting energy-importing countries, especially low-income economies.
The agencies said the conflict has driven up prices for oil, natural gas and fertilizers, raising concerns about food security and unemployment. They also noted that some oil and gas producers in the Middle East have reported a sharp drop in export revenues.
In their joint statement after the meeting, the three organizations said the situation remains highly unstable and that shipping through the Hormuz Strait has not returned to normal. Even if maritime traffic resumes, they said it will take time for global supply of key commodities to return to pre-conflict levels.
The agencies warned that fuel and fertilizer prices may remain high for an extended period due to damage to infrastructure. They said supply disruptions could lead to shortages of critical inputs affecting energy, food and other industries.
Beyond commodity markets, the agencies said the conflict has displaced many people, impacting employment and reducing tourism and travel. They added that these effects may take a long time to reverse.
The latest assessments by IEA, IMF and WB were issued ahead of the IEA’s monthly Oil Market Report and the IMF’s World Economic Outlook on April 14. At the April 13 meeting, leaders discussed the most affected countries and the agencies’ responses.
The technical groups of the three agencies said they are coordinating closely, including at the national level, to leverage expertise and, where necessary, provide policy advice and IMF and WB financial support.
IEA, IMF and WB reaffirmed their commitment to continue monitoring and assessing the impact of the conflict on energy markets and the global economy, as well as on individual countries. They said they will coordinate countermeasures and support for member states by cooperating and leveraging the expertise of other international organizations to help lay the groundwork for a robust recovery, stability, growth and jobs.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
