AI to fuel global growth as investment spreads beyond US, IMF says
Managing director Kristalina Georgieva expects world economy to weather energy crisis ignited by Iran war
Economic news
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European LNG prices surge to highest level since 2023
Continent’s gas inventories were already low before Iran war disrupted shipments
How First Brands’ billion-dollar rescue hit the skids
Hedge funds that funded the bankruptcy have been left with a ‘clunker’ as this was no ordinary debt-induced collapse
Iranian tankers gather off Sri Lankan coast
Cut off from home ports by the US blockade, ships seek shelter close to Sri Lanka’s territorial waters
Stanley Druckenmiller leads doubters who think Bessent’s bond ploys will fail
The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.
The drip-drip US debt crisis
Rising deficits and debt-servicing costs no longer seem to have the power to restore prudence