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Latest news from trusted sources around the world

US Navy Ships Transit Hormuz Ahead of Mine-Clearing Mission
Economy Bloomberg
US Navy Ships Transit Hormuz Ahead of Mine-Clearing Mission

Two US Navy destroyers transited the Strait of Hormuz Saturday, laying the ground for the start of a mine clearing operation, US Central Command said.

Economy Financial Times
JD Vance arrives in Pakistan for ‘positive’ peace talks with Iran

US vice-president says he hopes to build on the fragile 14-day ceasefire

Three Oil Supertankers Sail Through the Strait of Hormuz
Economy Bloomberg
Three Oil Supertankers Sail Through the Strait of Hormuz

Two Chinese supertankers loaded with crude sailed through the Strait of Hormuz hours after a Greek vessel moved through the waterway, marking a significant uptick …

Economy Financial Times
The S&P 500’s woes in Trump 2.0

The index has had its worst performance over the past five US presidencies

Assessing Asset Volatility and Iran War Threats: Masters in Business with Mike Pyle
Economy Bloomberg
Assessing Asset Volatility and Iran War Threats: Masters in Business with Mike …

Barry speaks with Mike Pyle, Senior Managing Director, is the Deputy Head of BlackRock’s Portfolio Management Group (PMG). They discuss the durable economic shocks that …

Economy Financial Times
South Africa’s ANC looks to shore up power as local elections loom

Appointment of contentious politician to manage finances of vital province reveals party’s loosening grip at local level

Europe Energy Traders Brace for 21-Hour Day as Volatility Surges
Economy Bloomberg
Europe Energy Traders Brace for 21-Hour Day as Volatility Surges

European gas and power markets, once a niche corner of global energy trading, are in for a major change next week: Hours will more than …

The Big Macro Force That's Been Driving Stocks Higher for Years
Economy Bloomberg
The Big Macro Force That's Been Driving Stocks Higher for Years

How inequality has helped keep the stock market boom alive.

Economy Financial Times
NFL’s media rights stand-off hits a plot twist

Also in today’s newsletter: what Sunderland says about women’s football, cricket’s vote of confidence in the Gulf, and more

Economy Bloomberg
Odd Lots: The Big Macro Force That’s Kept Stocks High (Podcast)

Stocks have gone up over the years because corporate earnings continue to grow. That part is straightforward. But in addition to rising stock prices, we’ve …

Economy Financial Times
Isa season flops as UK retail investors shun falling stock market

Buyers stayed away during the crucial annual buying period amid pessimism over geopolitical tensions and the global economy

Economy Financial Times
Only two events have mattered in my 30 years of investing

Markets have shrugged off everything from geopolitics to financial crises

Economy Financial Times
The damage wrought to the Middle East’s oil and gas supplies

Saudi Arabia and Qatar have both suffered significant damage to production capacity during the US-Israeli war against Iran

Economy Financial Times
The tragedy of leisure

The combination of AI and small families will create more free time than is good for us

Economy Financial Times
The UK police’s latest problem: crowds of unruly teens

Disorder in London and other cities threatens public sense of order, even though it may fall short of widespread criminality

Economy Financial Times
UK households turn to solar panels as energy bills bite

Fallout from Middle East crisis prompts more people to explore the alternative source of power

Economy Financial Times
Yet more reasons to look on the bright side . . .

The science suggests that it is healthier to be wrong and happy than to be pessimistic and right

Economy Financial Times
Mortgage borrowers seek shorter-term deals as market volatility saps confidence

Flexibility is the watchword among UK borrowers amid signs of slowing activity in the housing market

Economy Financial Times
Royal balm will not rescue the Anglo-American relationship

The King’s upcoming visit to the court of Donald Trump has too much riding on it

Economy Financial Times
Inheritance tax weighs on business owners: ‘Will it all be taken away …

From this week, many businesses can no longer be passed to the next generation free of tax

Economy Financial Times
Jacob’s Creek should come in smaller bottles

Relaunch of popular 1990s tipple might need more than nostalgia to stand out from today’s crowd

Economy Financial Times
Hungary: the election the world’s big powers want to win

Orbán’s defeat would deprive nationalist conservatives across the world of a champion. Opponents see Sunday’s vote as a chance to halt autocracy

Global Funds Flee Indian Stocks at Record Pace on Growth Fears
Economy Bloomberg
Global Funds Flee Indian Stocks at Record Pace on Growth Fears

Global funds are dumping Indian equities at a record clip as an energy shock from the US-Iran war threatens to derail the outlook of the …

IOI Properties Files REIT Listing That May Raise $500 Million
Economy Bloomberg
IOI Properties Files REIT Listing That May Raise $500 Million

IOI Properties Group Bhd. plans to establish a real estate investment trust holding its retail, hotel, and office assets, followed by a listing that could …

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