Cable Crashes As Burnham Signals Challenge To UK PM Starmer

Can You Price In No Longer Pricing Things In? By Michael Every of Rabobank At this point it isn’t a random walk but a determined march: markets have decided the Iran war and the Hormuz blockades are over, and everything is going to be better than normal imminently: the Nasdaq and S&P are at all-time highs and even worries over private credit are receding. In the real world, there are signs that back that stance and ones that say otherwise. Iran warned it could sink US ships in Hormuz if they police...

Iran’s military on Thursday launched attacks on US bases across the region following a second round of major US airstrikes against Iran, as the US-Iran Memorandum of Understanding to end the conflict has collapsed. According to Iran’s PressTV, the Iranian army initially launched a “massive barrage” of kamikaze drones targeting a Patriot missile system in […]

Finance Minister Bezalel Smotrich said that the International Criminal Court has declared war on Israel by issuing arrest warrants for top officials.  On Tuesday, the Israeli minister said, “Last night I was informed that a request for a secret international arrest warrant had been filed against me by the criminal prosecutor of the Anti-Semitic Tribunal […]