The risks of an unravelling rise
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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 both Iran and the US are targeting oil tankers in the Persian Gulf in the sharpest escalation in their conflict since Trump's war began. The oil price jumped +4% overnight, and other financial risk metrics rose too.
Meanwhile, US Treasury Secretary is making moves that make him look desperate. His latest…
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