Iran Says Strait of Hormuz Deal with Oman in Final Stage

Key Events This Week: Central Banks Galore, PPI, And The War In Iran After Friday's revelation that it was the first consecutive monthly Friday 13th for 11 years, DB's Jim Reid writes that today's nearly-as-impressive revelation is that this week sees the Fed, ECB, BoJ and BoE all meet in a single calendar week for the first time since December 2021. So a "super week" for central banks. All of them will have a very complex backdrop to deal with, shaped by geopolitical risk, volatile energy prices, and unsettled inflation...

Nobody Knows What Will Happen Next By Michael Every and Bas van Geffen of Rabobank Ceasefire Yesterday, the US and Iran threatened to, respectively, “destroy Iranian civilisation” with “new tools” and other countries in the Gulf with old ones. Ahead of the 8PM deadline that Trump had set for “Bridge and Power Plant Day,” US and Israeli forces reportedly already destroyed some bridges and other infrastructure. Washington and Tehran struck a last-minute, two-week ceasefire – provided that the Strait of Hormuz is fully reopened. Notably, this was after China leaned on Iran to...

No Benefits: Why Most Americans Hate The Idea Of AI Data Centers Authored by Brandon Smith via Alt-Market.us In recent months I’ve been asked by numerous readers to give my take on the AI data center issue and the debate it has ignited across the US. In response, I’ve jumped into a steep learning curve, but it seems to parallel information I’ve covered in previous articles on AI. From what I can tell, both political parties are split on the data center debate. There are Democrats and Republicans on both sides of...