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Qatar's Government Revenue Plunges 42% In First Half As Iran War Knocks Out Gas Exports Qatar's government revenue fell 42% in the first half of 2026, Emir Sheikh Tamim bin Hamad Al Thani told the Shura Council on Tuesday, October 13. The figure puts an official number on the damage that the Iran war and the closure of the Strait of Hormuz have inflicted on what was previously the world's second-largest liquefied natural gas (LNG) exporter. Public spending also fell 14% over the same six months, the emir added as...

Ferrari Shares Plunge After Analyst Slams New EV As "Mix Between Honda And Tesla" Ferrari shares fell in Milan on Tuesday after the Italian supercar maker unveiled its first EV sports car, disappointing Wall Street analysts who criticized the design, with one calling it a "mix between a Honda Accord EV and Tesla." The four-door, five-seat Ferrari Luce, priced at a staggering 550,000 euros, marks the supercar maker's first fully electric vehicle and serves as its biggest test yet: can Ferrari's nearly eight-decade brand equity survive the transition away from...

Inflection Point Overload? By Peter Tchir of Academy Securities Inflection Point Overload?  Between 250th Celebrations, heat waves, power failures, and jet lag, I feel more discombobulated than I have in a long time (I do admit that I really liked a sign that I think was in PHX airport just past security – Recombobulation Area). I think that’s what I could use. In any case, last weekend’s ProSec Mid-Year Outlook is worth checking out. We had people send us several variations of the same theme – the concept is catching on for investors...