BOJ Governor Kazuo Ueda discusses how the Middle East conflict is impacting Japan's economy due to rising energy costs.

The entities involved

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • Escalating conflict in the Middle East is causing oil prices to rise, impacting global markets tracked from London and the New York Mercantile Exchange.Sun 23:11
  • Trump resumed military strikes against Iran, while the Pentagon announced it would maintain forces in the Middle East.Sun 20:53
• Bank of Japan →

  the central bank of Japan

  • The Bank of Japan is eyeing rate rises while global beef trade sees Brazil access Japan and Australian beef lose ground to US products.Sun 20:25
  • Major central banks, including the Bank of Japan, ECB, FED, and Bank of England, made simultaneous decisions regarding interest rates, impacting global markets.Sun 13:40
• Kazuo Ueda →

  Japanese economist (1951-)

  Nothing else this week.

Related events

• Middle East conflict keeps energy prices elevated, but Malaysia's energy exports shield it from higher import costs.Oct 15
• Middle East conflict is driving higher energy costs, affecting Botswana.Sat 11:13
• Conflict in the Middle East is raising energy prices and driving up borrowing costs, requiring John Healey to fund Andy Burnham's spending pledges.Jul 27
• Middle East conflicts and Beijing's maritime expansion are driving up global energy costs and affecting economies.Wed 19:07
• Missile strikes escalated the regional conflict, causing fuel prices to spike.Jul 31