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How 9/11 altered the global order
Madrid — a quarter-century ago, the world changed course in an instant. The new millennium had roughly coincided with the arrival of new presidents in the US States and Russia, then the world’s two greatest military powers.…
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Global Market: ECB seen raising rates as Iran war fuels inflation fears
The European Central Bank is widely expected to raise interest rates for the second time this year on Thursday as it seeks to contain a fresh inflationary shock triggered by soaring energy prices amid the Iran war, Reuters reported.…
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Carney warns of tough times ahead in national address as retaliatory tariffs begin
OTTAWA — Prime Minister Mark Carney is warning Canadians the country’s pivot away from the United States will “come at a cost” — but insists the alternative would be far worse.…
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Tung Chee-hwa, Hong Kong’s first post-colonial leader, dies at 89
Hong Kong ‘s first post-handover leader, Tung Chee-hwa, who struggled to cope with an Asian financial crisis and growing protests for democracy in the early years under Chinese rule, has died at age 89.…
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‘Very big structural forces’ pushing bond markets to the brink and interest rates higher
Inflation in Australia and across the globe is not falling as hoped and it’s raising serious concerns for the economy and asset prices.
If inflation remains stubbornly elevated, interest rates will need to either rise or at least stay uncomfortab…
20 finance leaders close talks marked by US welcoming Russia
ASHEVILLE, United States — Finance leaders from the Group of 20 (G20) closed their two-day gathering on Tuesday with a statement that all but China backed in full, as Washington insisted that the presence of a Russian minister had no effect on talks….
Iceland Says “No” to EU Talks: Fishing Rights Trump Brussels as Arctic Stakes Rise
Icelanders reject reopening EU accession negotiations by 52.8% to 47.2%, choosing control over fisheries and national sovereignty over deeper integration — a setback for Brussels at a moment when the Arctic is becoming increasingly strategic
Iceland h…
Iran War: US Considers Reducing Middle East Military Presence as Conflict Widens Regionally; Market Wobbles Intensify as Government Bond Interest Rates Rise Globally and AI Bubble Implosion Seems Immi
[Today’s Iran war post launched before complete because reasons. Please return at 8:00 AM EDT or refresh this page then for a final version]
Too much is happening in what ought to be a summer doldrums period, due to Trump’s preferred mode of operation…
Iran War: US Considers Reducing Middle East Military Presence as Conflict Widens Regionally; Market Wobbles Intensify as Government Bond Interest Rates Rise Globally and AI Bubble Implosion Seems Immi
[Today’s Iran war post launched before complete because reasons. Please return at 8:00 AM EDT or refresh this page then for a final version]
Too much is happening in what ought to be a summer doldrums period, due to Trump’s preferred mode of operation…
Goldman’s latest cash cow is all about funding the AI infrastructure boom
Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel .…
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