Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons

Ansar Allah announced on Thursday that its forces launched another wave of missile and drone attacks targeting the Saudi capital of Riyadh and oil infrastructure in Yanbu on Saudi Arabia’s Red Sea coast as the war continues to escalate. Ansar Allah military spokesman Yahya Saree said in a statement that Yemeni forces carried out “successful […]

Citi Says LatAm "Poised For Take-Off" As Powerful Tailwinds Align. Here's Why Our focus on South America's improving investment outlook, underpinned by a generational shift from left-wing governments to more business-friendly governments, gained support Thursday from Citi's report, "LatAm Poised for Take-Off: The Macro Cycle Turns Latin America's Way." Citi chief Latin America economist Ernesto Revilla wrote in a note earlier today that a right-wing political shift is serving as a tailwind alongside a weaker dollar, firm commodity prices, and global supply-chain realignment, while stressing that lasting gains depend on reforms and...

Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat As "Employers Invested In AI" In a modest support of the Fed's recent hawkish pivot, the latest Beige Book released today notes that economic activity across the US improved moderately, increasing at a slight to moderate pace in eleven of twelve Federal Reserve Districts in late May and June, while one District (San Francisco) reported no change. The pace of growth was ever so slightly better than that reported back in June when activity expanded...