Trump’s Venezuela action raises threat for China’s oil supplies
Chinese producers fear similar US intervention in Iran would disrupt access to discounted crude supplies
Economic news
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Huge copper shortage to pose ‘systemic risk’ to global economies, warns S&P
Data group forecasts deficit of 10mn tonnes by 2040, equivalent to nearly one-third of current global demand
Donald Trump’s imperial Venezuela folly will leave America no richer
Like the Spanish conquistadors, the president’s search for mineral wealth in South America will weaken the US
Investors ditch proxy advisers at their own risk
The firms are fallible, but they at least come with accountability
Stablecoins could shake up global payments — but not with technology
Fintechs have touted stablecoins as a way to revolutionise international transfers
Brussels plans special rule book for corporates outside national law
Proposal would create a voluntary ‘28th regime’ for companies to operate across EU