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War is over for Wall Street, while oil drags down bonds and gold
BusinessInternationalWar is over for Wall Street, while oil drags down bonds and goldBy Reuters -Apr 15, 2026As the conflict in the Middle East edges towards its eighth week, financial markets are starting to diverge. US stocks have wiped out all the losses incurred since the start of the war, but oil prices are still punishingly high, dragging on both government bonds and gold. There are dramatic disparities in emerging markets too. Brazilian markets have surged and China’s have seen healthy...
Oil prices fall for a second day on expectations US-Iran talks may resume
BusinessInternationalOil prices fall for a second day on expectations US-Iran talks may resumeBy Reuters -Apr 15, 2026Oil prices fell for a second day on Wednesday on expectations peace talks between the U.S. and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz. Brent crude futures fell 52 cents, or 0.55%, to $94.27 a barrel at 0054 GMT after falling 4.6% in the previous session. U.S. West Texas Intermediate...
Norway oil exports hit record high on Iran war
BusinessInternationalNorway oil exports hit record high on Iran warBy AFP -Apr 15, 2026OSLO, Norway: Norway’s crude oil exports hit a record high in March as the war in Iran and closure of the crucial Strait of Hormuz shipping lane drove up oil prices, Statistics Norway said Wednesday. The Scandinavian country is the largest producer of oil and natural gas in Europe excluding Russia. Around a fifth of global crude oil and liquefied natural gas (LNG) passes through the Strait of Hormuz in peaceti...
Middle East conflict sparked major supply shock, says Bank of England boss
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Kenya Hikes Gasoline Pump Prices Sharply on Iran War
Kenya pump prices jumped to the highest in nearly three years as the fallout from the war on Iran reverberates across economies.
Bond Market Veteran Bassman Sues ETF Manager Over Compensation
Harley Bassman, who invented a widely-followed gauge of Treasury-market volatility and later developed exchange-traded funds for Simplify Asset Management, is suing the firm for allegedly stiffing him of millions of dollars in compensation.
Manchin Warns of The Historic Rise of US Debt As Iran War Drags On
Former Senator Joe Manchin said continued attempts in Congress to use party-line votes to pass spending legislation in Congress part of the reason the federal debt is ballooning. He joined Bloomberg's Balance of Power to discuss. (Source: Bloomberg)
World Economy Could Be "Thrown Off Course" By War In Middle East: IMF
The global economy is set to grow by 3.1 percent this year, said the International Monetary Fund in its World Economic Outlook report, released during its spring meetings in Washington.
Precious metals futures rising on Tuesday
Gold with delivery in this June was traded at $4,861.1 per ounce on Comex, up 1.73%
Kevin Warsh is very rich, or possibly very, very rich
In the Fed with the bread
Bank of Russia sets dollar rate at 75.85 rubles for April 15
The official yuan rate was set at 11.09 rubles, down 4.3 kopecks
Russian GDP growth forecast improved to 1.6% in 2026 — Dmitriev
According to the IMF, the Russian economy grew by 1% in 2025
Socialist Mamdani touts government-run grocery plan as ‘grand experiment’' at grocery new site
New York City Mayor Zohran Mamdani spoke at one of his proposed government-run grocery stores on Tuesday, touting what he described as a "grand experiment" that would reduce the cost of everyday items like bread and eggs.The socialist mayor, who has promised to open one such store in each borough, said the city will subsidize basic grocery items while a private operator runs the stores under city rules requiring lower prices."New York City it is time for a grand experiment once again, just as La...
Tory Burch Seeks Loan to Buy Back General Atlantic’s Stake
Luxury retailer Tory Burch LLC intends to repurchase private equity firm General Atlantic’s stake with some of the proceeds of a planned $700 million leveraged loan.
Russian stock market ends with slight growth amid low trading volumes
The yuan exchange rate fell by 13 kopecks to 11.04 rubles
Canada Regulator Reviewing Banks’ Private-Credit Exposures
Canada’s bank regulator is examining lenders’ exposure to hedge funds and private-credit shops — as well as how they transfer risk to those firms — with further inquiries planned.
Saks Offloads Its Gulfstream Jet in Push to Shrink in Bankruptcy
Saks Global Enterprises won court approval to sell its Gulfstream jet that executives used for business and personal travel, as the bankrupt luxury retailer slashes debt and operating expenses.
Readiness for Paks-2 ‘exam,’ Kiev hits Zaporozhye nuke: Likhachev’s comments
According to the head of the Russian state corporation, Hungary, in a sense, will also be taking an exam for "a serious promotion of one of the world
Bitcoin, Ethereum in the green on Tuesday — Binance
Bitcoin added 4.78% and hit $75,489, being above $75,000 first time since March 17, 2026
Global Oil Demand to Decline in 2026 as Middle East Supply Shock Reshapes Market
Rabat – Global oil demand will decline in 2026 for the first time since 2020, as shortages and higher prices linked to war in the Middle East reshape energy markets, the International Energy Agency (IEA) said. The agency described the situation as the most severe oil supply shock on record. The last annual drop in demand took place in 2020, when pandemic lockdowns and border closures cut global use by 8.97 million barrels per day. Since then, demand returned to steady growth. Six years lat...