Key Events This Week: PMIs, Productivity And Consumer Sentiment

Zelensky Claims 'Final Decision' Made To Let Ukraine Build Patriots, After Trump Reversed Pledge Back in July President Trump strongly signaled that he was greenlighting the ability of Ukraine to produce its own patriot anti-air defense missiles. Trump declared in the context of a Turkey-hosted NATO summit that Washington would give Ukraine "the right to make Patriots" - after Zelensky had been relentless in his requests, framing it as urgent and for the protection of cities and civilians. But since then there's been denials and ambiguity surrounding the pledge. President Trump had...

BRICS Summit Can't Muster Joint Statement On Iran War Amid Deepening Division Via The Cradle The two-day meeting of BRICS foreign ministers in New Delhi ended on Friday without a joint statement due to "differing views" on the US-Israeli war against Iran and the current situation in West Asia, the Indian government said in a statement.  Representatives expressed "their respective national positions and shared a range of perspectives," the Indian statement read. The statement added that one member state had "reservations" about issues related to Gaza, as well as security in the Red Sea and...

The Big Pharma Psychedelic Buyout Spree Has Begun Submitted by QTR's Fringe Finance Massive validation for psychedelics…not as drugs, but as investments could be moments away. Just months after I argued for the millionth time that psychedelic drug developers were likely to become acquisition targets as the sector gained legitimacy, it looks like the first major domino may finally be falling. According to a Bloomberg report published moments ago, Eli Lilly is in talks to acquire AtaiBeckley, one of the leading developers of next-generation psychedelic therapies. While nothing is finalized, Bloomberg reports a deal could...