Analysis: The G7 Russian oil price cap has evolved from revenue pressure into a market fulcrum

WASHINGTON (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they vowed to squeeze revenue for Russia’s war machine, while avoiding a devastating oil price hike. But people familiar with the mechanism’s development and energy analysts said keeping Russian oil … Read more

Analysis: Apple’s supply chain data shows exposure to China declining as risks mount

SHANGHAI, Nov. 30 (Reuters) – Apple Inc (AAPL.O) The company’s supply chain data showed that widespread exposure to Chinese manufacturing, notable for its lower costs and increased risks, has ebbed since the COVID-19 pandemic began. With the largest iPhone factory in the world, it is operated in central China by Foxconn (2317.TW)In the face of … Read more

Reality destroys some of the Qataris’ dreams of renting out the World Cup

The agency says the Qatari hotel group has requested new payments Some prices have been lowered, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA (Reuters) – Qatar has found itself with an unexpected glut of rooms in the packed World Cup group stage, with online portals listing rooms … Read more

COP27 offers a breakthrough in the climate fund at the cost of advances in emissions

The COP27 climate summit ends after long negotiations at the end of the week Delivers final agreement on the creation of a landmark climate finance fund Negotiators say some have blocked tougher emissions targets SHARM EL SHEIKH, Egypt (November 20) (Reuters) – Countries wrapped up this year’s United Nations climate summit on Sunday with a … Read more

New York Fed: Bank liquidity may be tighter than expected, with policy implications

Nov. 18 (Reuters) – The way the banking system manages its cash suggests that the financial system may not be as fluid as many now understand it, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Reserve Bank said. New York Fed on … Read more

Global stocks are advancing on the hope that recession warns of the Fed’s hand

The US yield curve has been more inverted since 1981 MSCI Global shares rose 0.2%, losing Al Ain weekly NEW YORK/LONDON (Reuters) – Global stocks rose and a key part of the Treasury yield curve inverted further on Friday, in a sign that the US economy will falter next year and investors hope will lead … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Exclusive: Germany is stepping up its emergency monetary plans to tackle power outages

FRANKFURT (Reuters) – German authorities are stepping up preparations to hand over emergency funds in the event of a power outage to keep the economy running as the nation prepares for a possible blackout caused by the war in Ukraine, four people involved said. One of the people said plans include the Bundesbank, Germany’s central … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Analysis: FTX crash prompts investors to rethink the battered crypto market

NEW YORK/LONDON, NOV 10 (Reuters) – A week of turmoil culminating in the FTX profile of major cryptocurrency exchanges has left investors questioning the viability of a sector already suffering from the bursting of the bitcoin bubble and the shutdown of major market players. The collapse of several cryptocurrency lenders, including Celsius and Voyager, tokens … Read more