Report: US Pressuring Neutral Oman To Cut Ties With Iran

Ease In Our Time By Micael Every, Global Strategist at Rabobank Yesterday saw the BOJ hike rates to 1%, the highest level since 1995, and the RBA hold at 4.35%, with some chatter of the next move being down, not up, despite inflation running way above 2%. Today it’s the turn of new Fed Chair Warsh who, like the other central banks, has to deal with a geopolitical backdrop which may or may not allow for any monetary policy easing. There, the text of the 14-point US-Iran MoU has been leaked ahead...

Switzerland Halts Military Exports To US, Citing Iran War Neutrality  Switzerland on Friday announced it is halting all military and defense exports to the United States, citing its neutrality, coming as the Iran war reaches the three week mark. "Exports of war materiel to the US cannot currently be authorized," the government said, as quoted in Bloomberg. The statement specifically referenced Washington's "international armed conflict" in the Middle East. Source: screengrab via Johnny Harris/YouTube The announcement might not be a surprise, given similar past stances by Switzerland; however it comes at a sensitive...