Yes, the Hormuz mess is worse today
Kia ora.
Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
Today we lead with news Iran has attacked three ships in Strait of Hormuz and detaining two others so far after Trump indefinitely extended is ceasefire. It is a standoff over Tehran’s closing of the strait and Washington’s blockade that raises doubts about whether talks would actually resume.
The Pakistani mediators are not happy about the disheveled US approach to it all.
In the US, mortgage…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.