The UAE’s exit from is one of those events whose true significance only becomes clear over time.
In the short term, the market reaction tells us this is a non-event — Brent actually pared gains after the announcement. In the medium…
The Ambassador of the People's Republic of China to Nigeria, Yu Dunhai, has assured that the zero-tariff policy for African products into the Chinese markets announced by President Xi Jinping in February will become effective from May…
As further evidence that the U.S. now controls worldwide prices, the United Arab Emirates (UAE) announced that it was leaving , which is a blow to Saudi Arabia. The UAE has complained for several years about crude oil quotas, so its…
Winning Senate approval may be the easy part.
The path has been cleared for Kevin Warsh to become the next chairman of the Federal Reserve in mid-May, when Jerome Powell’s term ends. Sen. Thom Tillis cancelled his obstruction to Warsh…
At the finish line, Sawe held up sponsors Adidas' latest 'supershoe' with his time written along the side, acknowledging the technology which had assisted him.The Adidas Adios Pro 3 shoes, available to purchase for an eye-watering £450,…
Morgan McSweeney has given evidence to MPs about Peter Mandelson's appointment as US ambassador. Prime Minister Keir Starmer's former top aide described finding out about the closeness of Mandelson's relationship with Jeffrey Epstein as…
Discomfort from closure of the Strait is slowly amplifying. The US 10yr break-even inflation rate is edging towards 2.5%. Far from catastrophic, but if it were to break above, it would be a growing problem, for both Treasuries and the…
rises modestly ahead of this week’s ECB rate decision. is in wait-and-see mode ahead of central bank meetings.DAX Rises Modestly Ahead of this Week’s ECB Rate Decision and Despite Oil Prices RisingThe DAX, together with European…