Canada's Prime Minister Mark Carney and Ontario Premier Doug Ford announced an C$8.7B ($6.2B) support plan for the steel and auto sectors, which have been strained by U.S. tariffs, as well as the domestic critical mineral supply chain. The support Canada's Prime Minister M
Iranian oil in floating storage has been drained amid the U.S. Navy blockade, the Wall Street Journal has reported, citing Kpler data that suggests further tightening in global oil supply. “There’s no more oil to discharge to China anymore,” Kpler’s head of crude oil analy
The U.S. Department of Energy said Wednesday it will loan up to 315M barrels of heating oil stockpiled in Maine, Massachusetts, and Connecticut in an effort to bring down soaring prices that have emerged as a key issue ahead of the November The U.S Department of Ene
The world’s ongoing energy crisis is quickly turning into a global food security crisis. Ongoing conflict between some of the world’s most prominent economies on two major fronts – Russia’s war in Ukraine and the United States’ and Israel’s war in Iran – is creating geopol
Mexican Peso rout deepens as Iran tensions push USD/MXN toward 18.70 The Mexican Peso weakened for the second straight day, with losses of over 1.49% against the US Dollar, as the US-Iran conflict continues to underpin Oil prices, increasing the chances that the Federal Reserve...</strong
Asia-bound Russian crude and fuel supplies are being rerouted as the US-Israeli war on Iran and disruptions in the straits of Hormuz and Bab al-Mandab choke off traditional crude flows from the Persian Gulf. Indeed, Russia increased oil and LNG shipments via the Northern S
Trump to throw spotlight on overseas crypto abuses at White House event The president is hosting a cybercrime event that will highlight U.S. authorities' efforts to crack down on crypto scams run by foreign criminal organizations. - At a White House cybercrime event, President...
Former U.S. Treasury Secretary Robert Rubin warned that attempts by President Donald Trump to interfere with the November midterm elections could trigger significant economic disruption, including higher Treasury yields (SHY) (TLT) (ZROZ) and borrowing costs To ensure this
Brazilian Real: Election flows and fiscal reform prospects – Societe Generale Societe Generale notes increased flows into the Brazilian Real (BRL) ahead of the presidential runoff. The bank highlights that the Real has weakened 3% from its post-election high, with buyers a
Accenture (ACN) was downgraded to Neutral at Baird on Wednesday as the investment firm said the risk-reward on the stock is in balance after a near 100% increase since June. Shares fell 1.5% in premarket trading. âWe view Accenture as To ensure this doesnât happen in the f
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