June 26, 2019
Rising tensions between the US and Iran threaten the security of the Strait of Hormuz, a narrow waterway plied daily by dozens of tankers carrying oil out to the rest of the world from Qatar, Saudi Arabia, Iran, Iraq, Kuwait, and the United Arab Emirates. At the moment, the US Navy provides security in the international waters there, but President Trump has suggested other major oil consuming countries should pitch in more to help. Here's a look at the countries that are most dependent on oil exports shipped through the world's most important energy chokepoint.
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Americans are moving less — and renting more. Cooling migration and rising vacancy rates, especially across the Sunbelt, have flattened rent growth and given renters new leverage. For many lower-income households, that relief is beginning to show up in discretionary spending. Explore what's changing in US housing by subscribing to Bank of America Institute.
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Diaz/Miami Herald via ZUMA Press Wire
Over the past five years, Haiti has endured extreme political turmoil, escalating violence, and one of the world’s worst humanitarian crises.
Microsoft unveiled a new set of commitments guiding its community‑first approach to AI infrastructure development. The strategy focuses on energy affordability, water efficiency, job creation, local investment, and AI‑driven skilling. As demand for digital infrastructure accelerates, the company is pushing a new model for responsible datacenter growth — one built on sustainability, economic mobility, and long‑term partnership with the communities that host it. The move signals how AI infrastructure is reshaping local economies and what people expect from the tech shaping their future. Read the full blog here.
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