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Ongoing sanctions and conflict with the US are driving Iran to explore alternative financial channels beyond the dollar system.
We haven't written up this one. Free Malaysia Today has the full story — the link below goes straight to it.
Brent rose to $89.63 and WTI to $83.91 on Wednesday as fading US-Iran peace hopes and Strait of Hormuz attacks offset a surprise build in US crude stocks.
Pacific Investment Management Co. says market anxiety about the inflation-fighting credentials of the Federal Reserve is overdone and that US bond yields at current levels look attractive.
The BLS releases the July CPI report today at 8:30 a.m. ET. Economists expect inflation to cool to 3.4%, with energy prices being a key area to watch.
Global players dominate the market. Will public sector buyers give local suppliers a look-in?
Global players dominate the market. Will public sector buyers give local suppliers a look-in?
If President Trump moves ahead with 50 percent tariffs on a wide range of Canadian products later this month, some companies may only survive by relocating to the United States.