Trouble brewing in global bond markets: What to know
Trouble brewing in global bond markets: What to know Yields on government bonds are around multi-decade highs as investors cast a wary eye on fiscal deficits and the renewed fighting in the Middle East
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World’s biggest wealth fund eyes ditching $80 bn in US Treasuries
World’s biggest wealth fund eyes ditching $80 bn in US Treasuries Norway’s proposed cut comes as Washington faces rising deficits and shrinking demand for its debt
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The EU wanted a green revolution. It may get a rust belt instead
The EU wanted a green revolution. It may get a rust belt instead Central European factories are trapped between unreliable renewables, vanishing rivers, and Brussels’ decarbonization demands
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Loss of cheap energy harmed EU economy – von der Leyen
Loss of cheap energy harmed EU economy – von der Leyen The bloc saw oil and natural gas prices soar after it drastically reduced Russian imports over the Ukraine conflict
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Jackson Hole preview: US Fed’s Warsh to deliver keynote amid bond markets fears
Jackson Hole preview: US Fed’s Warsh to deliver keynote amid bond markets fears In the wake of the recent Treasury intervention to bring long-term yields down and with another wave of inflation likely on the way, all eyes are on the new Fed chief
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Iran war drives US farmers into worst crisis in 40 years – FT
Iran war drives US farmers into worst crisis in 40 years – FT Diesel and fertilizer costs have soared due to the conflict, with growers projected to lose $31 billion this year
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Russia and China expand trade via Arctic sea route
Russia and China expand trade via Arctic sea route Beijing has pledged to deepen shipping cooperation as part of its Ice Silk Road initiative
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US debt tops $40 trillion months earlier than expected
US debt tops $40 trillion months earlier than expected Washington’s liabilities have doubled since 2017 amid persistent deficits, crisis spending, and mounting military costs
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Russia rejects ‘screwdriver assembly’ model for foreign business – Putin aide
Russia rejects ‘screwdriver assembly’ model for foreign business – Putin aide Moscow wants foreign firms to bring advanced technologies, expertise, and joint production, presidential adviser Anton Kobyakov has said
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Meta and TikTok fail to halt thousands of social media addiction lawsuits
Meta and TikTok fail to halt thousands of social media addiction lawsuits A US appeals court has rejected a challenge by Meta and TikTok, allowing wider litigation against major platforms to proceed
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Trump orders 15% tariff on key chip material to challenge China
Trump orders 15% tariff on key chip material to challenge China The new measures target a strategic supply chain as Washington and Beijing deepen their technology rivalry
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US says rich-poor gap closing despite soaring living costs
US says rich-poor gap closing despite soaring living costs The remarks come ahead of November’s midterm elections, with economic data offering a more mixed picture of the economy
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US intervenes as Japan dumps Treasuries to rescue plummeting yen
US intervenes as Japan dumps Treasuries to rescue plummeting yen Tokyo and Washington have threatened further coordinated moves to contain turmoil spreading from currency markets into bond markets
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US bans Chinese humanoid robots
US bans Chinese humanoid robots The measure comes amid an intensifying rivalry between Beijing and Washington to dominate in advanced technology and AI
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