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David McHugh

Stay informed with David McHugh’s coverage and analysis.

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Economy
Putin reaches for cash with new taxes on miners and savers as war spending swells Russia’s deficit to $72 billion
By The Associated Press, David McHugh and Dasha LitvinovaOctober 29, 2026
ECB’s president Christine Lagarde is resigning nine months early, giving EU leaders a chance to pick a successor before France’s elections
Economy
ECB’s president Christine Lagarde is resigning nine months early, giving EU leaders a chance to pick a successor before France’s elections
By The Associated Press and David McHughOctober 29, 2026
VW cars are parked in a parking lot across from the brand's skyscraper at the VW main plant.
Politics
‘Much better than feared outcome’: Volkswagen shares jump 6% after revealing plan to reduce workforce by 50,000—and phasing out four factories
By The Associated Press and David McHughSeptember 4, 2026
Photo of German and Chinese flags
Economy
China is beating Germany at its own game of making highly engineered machinery and Europe is struggling to keep up
By The Associated Press and David McHughSeptember 2, 2026
Motorbikes drive past a billboard with graphic showing the late Iranian Supreme Leader Ayatollah Ali Khamenei
Politics
Iran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace deal
By Adam Schreck, David McHugh, Russ Bynum and The Associated PressMay 7, 2026
A boat in the strait of hormuz.
Energy
Cargo ship crews face attacks waiting the Gulf as Trump pauses two-day-old project to ‘guide’ ships
By Mae Anderson, David McHugh and The Associated PressMay 6, 2026
Mine warfare and mind games: ‘You just have to make people believe that you’ve laid mines’
Politics
Mine warfare and mind games: ‘You just have to make people believe that you’ve laid mines’
By Ben Finley, Konstantin Toropin, David McHugh and The Associated PressApril 25, 2026
strait
Energy
First, Iran and Hormuz, second, China and Taiwan? The dangerous implications of a tollbooth on the open sea
By David McHugh, John Leicester and The Associated PressApril 9, 2026
hormuz
Energy
Trump’s big accomplishment in Iran is ‘de facto ‘toll booth’ regime’ in the Strait of Hormuz, shipping analyst says
By David McHugh, Jon Gambrell and The Associated PressMarch 27, 2026
trader
Politics
Oil approaches $115 per barrel as market realizes higher for longer is very possible
By Elaine Kurtenbach, David McHugh and The Associated PressMarch 19, 2026
U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
Energy
U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
By David McHugh and The Associated PressMarch 14, 2026
oil
Energy
Oil prices spike above $70 per barrel as Iran’s Straight of Hormuz grows tangled
By David McHugh and The Associated PressMarch 2, 2026
georgieva
Economy
IMF chief sees global GDP growth as ‘beautiful but not enough’ to handle ‘the debt that is hanging around our necks’
By David McHugh, Jamey Keaten and The Associated PressJanuary 23, 2026
Nobel
Economy
Economist awarded Nobel prize before his morning coffee or walking his dog: ‘I had no clue that anything like this was going to happen’
By Kostya Manenkov, Christopher Rugaber, Mike Corder, David McHugh and The Associated PressOctober 13, 2025
Bernd Lange
Economy
‘I guess there will be some amendments’: EU trade negotiator is having second thoughts about deal with Trump
By David McHugh and The Associated PressSeptember 5, 2025
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Most Popular
North America
Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and waterplaceholder alt text
By Bilin LinOctober 26, 2026
Cybersecurity
Anthropic spent $2.75 million guarding Dario Amodei last year—more than 4 times his salary, but a fraction of Mark Zuckerberg’s security billplaceholder alt text
By Bilin LinOctober 29, 2026
Success
Despite a $150 million net worth, Quentin Tarantino refuses to give a ‘penny’ of his fortune to his mother: ‘No house, no Cadillac’placeholder alt text
By Orianna Rosa RoyleOctober 28, 2026
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