World’s largest wealth fund suffered more than $30bn loss
Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, posted a 374 billion crown ($33.80 billion) loss in the Q3, the fund said on Tuesday, hit by…
Italy is two notches above Junk level – survives for now
Italy remains at two levels above junk at S&P Global Ratings after Giorgia Meloni’s government weathered the first of several possible assessments on its looser deficit prospects. This result is…
Sweden discuss dumping krona, adopting euro instead
The single European currency, used by nearly 350 million people every day, has become a hot topic in Sweden. The Swedes, who have the world’s oldest central bank and a…
There aren’t many stories more important than global bond yields
It’s been more than a decade since bond yields were as high as they are today. Yep – decade! The US 10 Year Treasury Bond is currently paying 4.84% and…
All Israeli crimes stem from US support of Tel Aviv: Malaysia’s ex-PM
Malaysia’s former Prime Minister Mahathir Mohamad says all Israeli atrocities against Palestinians stem from the support the Tel Aviv regime receives from the United States.
Where may Israel get 220,000 barrels of oil per day?
Iran has called on Muslim countries to impose an oil embargo against Israel. However, since the oil market is global, Israel potentially has ample opportunity to overcome it. Such a…