Executive Summary In 2026 oil prices have round-tripped from $57 per barrel to over $110 per barrel and then back to around $70 per barrel (see first graph). With the apparent breach of the ceasefire with Iran, prices recently jumped to $78 per barrel. The blockade of [...]

Executive Summary Economic growth is the sum of the growth in the labor force and growth in productivity. Recent employment data showed the working-age population grew by 1,581,000 over the last year, while the number of people employed dropped by 1,063,000. Those who dropped out of the [...]